A10 · PROCESS · countriesGRA dossier · service level R0
GRASovereign Capital NexusEstablished
Countries

Country readiness contexts

Country programmes of Sovereign Capital Nexus, each listed with its status. A country appears only when a programme record exists for it.

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

Workstream tracker

Country readiness contexts · Programme year 2

Two milestones at riskGRA · Sovereign Capital Nexus

Workstreams

owner · stage · status

Withdrawal rule reviewAudit committeeReviewM3 · week 13At risk
Fiscal rule interaction reviewOperational managerScopingM6 · week 11At risk
Governance and transparency auditAudit committeeTestM4 · week 11At risk
Domestic co-investment frameworkMinistry of financeBuildM8 · week 29On track
Strategic allocation by trancheAudit committeeReviewM2 · week 30On track

Effort against plan

person-weeks

Withdrawal rule review31 pw · req 31Fiscal rule…40 pw · req 44Governance and…28 pw · req 37Domestic…29 pw · req 43

Milestones

  1. W5M1Withdrawal rule review: scoping note signed
  2. W16M2Inputs qualified at the gate
  3. W25M3Fiscal rule interaction review: build review
  4. W30M4Controlled test with observers
  5. W44M5Publication and decision record

Sovereign Capital Nexus · Workstream trackerWorkstream tracker, in outline: domain structure with placeholder names and illustrative values, not a record.

01In brief

The short answer.

Sovereign Capital Nexus country programmes are listed one by one, each country with a programme record showing its work on sovereign and public finance and its status. A country appears only when such a record exists; national institutions lead under country ownership, and the platform supplies evidence and methods.

02Canvas

Scoping to review.

Canvas · scoping to reviewDesign, not a record
Country readiness contexts: a programme through its gatesA request with a named owner becomes a scoping note; inputs are qualified at a gate; delivery runs in workstreams; a controlled test and an independent review precede publication; the owner decides. 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

04Scope

Countries in Sovereign Capital Nexus.

  1. 01

    Sovereign wealth funds

    Fund mandates, governance and markets.

  2. 02

    State asset portfolios

    Public commercial assets and risk.

  3. 03

    Strategic investments

    Industry, infrastructure and national priorities.

  4. 04

    Sovereign investment governance

    Board, fiscal and institutional separation.

  5. 05

    Resource revenues

    Commodity cyclicality and national wealth.

  6. 06

    Geopolitical investment risk

    Cross-border exposure and restrictions.

05Country pages

What a Sovereign Capital Nexus country page would contain.

A Sovereign Capital Nexus country page would cover country balance sheets, drawing on public records only, and would appear once a programme record exists. It would never contain advice on debt issuance.

Country evidence for Sovereign Capital Nexus would come from fund reports, debt data and public asset registers, labelled by source, and would be written for public debt managers and ministry of finance analysts.

06Status

Work is shown as its record stands.

Programmes are listed as exploring, forming, constituted, active, paused or archived. Country and regional entries appear when a programme record supports them.

All programmes in Sovereign Capital Nexus

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
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.
National Nexus ConsortiumIn the Consortium's national model, the body through which a country's institutions take part in Nexus work, formed under a national record with its own leadership and working groups.
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.
08Sources

Where this page's references lead.

The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.

09Questions

Questions and answers.

How do I propose work at this level?
Write to contact@therisk.global or a regional desk. A proposal receives a reference.
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Around Sovereign Capital Nexus.

Sovereign Capital Nexus

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