Relevant Materials

,“A New Angle on Sovereign Credit Risk” The E-RISC (Environmental Risk in Sovereign Credit analysis) project investigated sovereign credit risk from an angle that has been largely overlooked by bond markets to date: natural resource risks and environmental impacts. The project explored to what extent natural resource risks can impact a country’s economy and thus, its ability to pay its debts. With a current total of more than USD 40 trillion of outstanding sovereign debt, it is one of the most important asset classes for investors around the world. Results provide a first insight into how factors such as resource prices, ecosystem degradation, and climate change impact national economies and provides a sense of how these criteria can be factored in sovereign credit risk models and hence in selection and weighting of sovereign bonds and sovereign credit ratings. The project has been made financially possible by Caisse des Dépôts, KfW Bankengruppe and the MAVA Foundation. Sydney Launch, 9 November 7.15 – 8.30 This breakfast event is organised in collaboration with National Australia Bank. More details about the programme can be found here, including an agenda. A free breakfast is offered. London Launch, 19 November 14.00 – 18.00 This event is hosted by Bloomberg. More information about this event can be found here, including an agenda. New York Launch, 12 December 14.00 – 17.00 This event is hosted by Citi in New York. More information about the programme will become available shortly. You can register directly. Following registration, you will receive the final agenda and confirmation. All participants will receive a copy of the E-RISC report during the event.