The Global Risks Forum (GRF)
Topics at Capital Nexus: the pages in this section are listed below, each with its own scope and status.
The Capital Nexus topics are the eight subject dossiers of its field, among them public purpose capital, resilience finance governance and development capital policy. Each dossier sets out how the risk develops, what is measured and in which units, the public sources and their licences, the methods, who decides and the limits of the evidence.
GRF convenes and governs programmes. It does not regulate, finance, procure or certify, and hosting or sponsorship confers no authority over findings.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| PIMA | The IMF Public Investment Management Assessment, which rates fifteen institutions across planning, allocation and implementation. |
| Risk layering | Matching financing instruments to risk by frequency and severity, from reserves for frequent events to insurance for rare ones. |
| Callable capital | Capital shareholders of a development bank have committed but not paid in, callable only in extreme circumstances. |
| Transition risk | Financial risk from the shift to a lower-carbon economy through policy, technology and market change. |
| Santiago Principles | Generally accepted principles and practices for sovereign wealth fund governance, accountability and investment, maintained by the IFSWF. |
Public investment and capital allocation principles.
TopicRisk evidence and decision rights.
TopicInstitutional enabling conditions.
TopicDisclosure, mandates and safeguards.
TopicRoles, oversight and conflicts.
TopicDistributional outcomes and access.
TopicNational evidence requirements.
TopicSafeguards for sponsorship and support.
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