A10 · PROCESS · programmesGRA dossier · service level R0
GRASovereign Capital NexusEstablished
Programmes and projects

Research and industry programmes

How Sovereign Capital Nexus organizes work into programmes: global priorities, regional applications and country work, each shown with its actual status.

Publisher
The Global Risks Alliance
Field
Sovereign and public finance, Capital markets and investment
Status
Established
Service level
R0: information and enquiries

Programme board

Sovereign fund S · Research and industry… · Cycle 1 of 4

  • Workstreams active
    5Active
  • Milestones due this quarter
    6Watch
  • Decisions pending with owners
    4Watch
  • Open risks
    5
Quarter review dueGRA · Sovereign Capital Nexus

Workstreams

by stage

Scoping02
Withdrawal rule reviewWS-003 · owner: Ministry of finance
Strategic allocation by trancheWS-469 · owner: Fund board
In delivery02
Climate scenario on reservesMilestone M5 · slipping
Governance and transparency auditMilestone M5 · on plan
Review01
Domestic co-investment frameworkIndependent reviewer named
Closed01
Fiscal rule interaction reviewClosure note on record

Gates

  1. Requestowner named
  2. Scoping noteboundary
  3. Qualifiedinputs
  4. BuildFoundry
  5. Testcontrolled
  6. Publishwith limits
  7. Decisionauthority

Sovereign Capital Nexus · Programme boardProgramme board, in outline: domain structure with placeholder names and illustrative values, not a record.

01In brief

The short answer.

Sovereign Capital Nexus programmes organize its work on sovereign and public finance as well as capital markets and investment at three levels: global priorities, regional applications and country work. Each programme shows its recorded status, from exploring and forming to active, paused or archived, and a plan is never presented as an activity. Countries take part through their national programmes and the Consortium Secretariat.

02Canvas

Scoping to review.

Canvas · scoping to reviewDesign, not a record
Research and industry programmes: the policy cycleA problem reaches the agenda, options are formulated and appraised, consultation tests them, the mandate holder decides, implementation and monitoring follow, and evaluation feeds the next agenda. Design of the process, not a record of a run.

Fig.A programme from scoping to the owner's decision. Design, not a record.

03Geography

Activity and exposure in the Gulf.

Night-time lights and population, a proxy for economic activity, with the floods and fires that put assets at risk, framed on the Gulf; each layer is a dated NASA product.

The interactive map needs JavaScript; the layer list and sources are below.

Layers 2

Activity and exposure

Latest available

NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Natural Earth

Loading the latest NASA imagery.

Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.

Night-time lights and population, a proxy for economic activity, with the floods and fires that put assets at risk, framed on the Gulf.Satellite and model products as NASA publishes them, each with its own date; indicators, not assessments of any place; claim ceiling INTEGRATED.

Data: NASA GIBS · ASTER GDEM · Natural EarthSources and licences

  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • VIIRS Black Marble night-time lights, NASA Goddard Space Flight Center; distributed by the NASA Level-1 and Atmosphere Archive and Distribution System (LAADS DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Center for International Earth Science Information Network (CIESIN), Columbia University. 2018. Gridded Population of the World, Version 4 (GPWv4): Population Density, Revision 11. NASA Socioeconomic Data and Applications Center (SEDAC). Licensed under CC BY 4.0. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). CC BY 4.0
  • VIIRS near-real-time products (flood, land surface temperature, snow cover, corrected reflectance), NASA LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • NASA Fire Information for Resource Management System (FIRMS), VIIRS 375 m active fire product, NASA LANCE; vector tiles via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • ASTER GDEM is a product of METI and NASA (ASTER Global Digital Elevation Model V003, NASA LP DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Made with Natural Earth. Free vector and raster map data @ naturalearthdata.com. Public domain
  • Globe: MapLibre GL JS 6.9.1, BSD-3-Clause, © MapLibre contributors.

Layers and dates

  • Night-time lights, daily: VIIRS Black Marble (VNP46A2), NASA LAADS DAAC · 12 Oct 2026
  • Population density, 2020: Population: CIESIN, Columbia University, Gridded Population of the World v4.11 (2018), NASA SEDAC, CC BY 4.0 · static
  • Flood water, 3-day composite: VIIRS Global Flood Product, NASA LANCE · 14 Oct 2026
  • Active fires and thermal anomalies, last day: VIIRS NOAA-20 375 m (FIRMS), NASA LANCE FIRMS · 13 Oct 2026
  • Land surface temperature, day, 8-day composite: VIIRS NOAA-20 Level 3, 8-day, NASA LANCE · 14 Sep 2026

05Programme levels

Sovereign Capital Nexus at global, regional and national level.

LevelSovereign Capital Nexus focus
GlobalInternational debt architecture
RegionalRegional funds
NationalCountry balance sheets

Sovereign Capital Nexus programme work is read against IFSWF (Santiago Principles), IMF and World Bank (debt management guidelines and DSFs) and OECD (state-owned enterprise governance guidelines). National entries would draw on fund reports, debt data and public asset registers, and each would state which values are observed, official, modelled or unknown.

06Status

Every programme shows where it stands.

A programme is shown as exploring, forming, constituted, active, paused or archived, according to its record. A plan is never presented as an activity.

07Key terms

Terms used on this page.

Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.

TermDefinition
ProgrammeA group of related projects and activities managed together to obtain benefits that managing them separately would not, in the sense the Project Management Institute's programme standard uses.
Programme statusThe recorded state of a programme on Nexus pages: exploring, forming, constituted, active, paused or archived. A plan is never presented as an activity.
Country ownershipThe principle that a country leads its own development policies and strategies and coordinates the actions that support them, set out in the Paris Declaration on Aid Effectiveness.
Public sector balance sheetA consolidated statement of all public sector assets and liabilities, giving net worth.
10Questions

Questions and answers.

How does a country take part?
Through its national programme. Country enquiries go to the Consortium Secretariat at contact@therisk.global or a regional desk.
Sovereign Capital Nexus

Bring your expertise to this field.

The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.

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