State of the sovereign transition 2025
, Cristancho Duarte, C., Dietz, S., Lutz, S., Monsignori, G., Nuzzo, C., Goeschl, J. & Rose, A.
(2025).
State of the sovereign transition 2025.
TPI Global Climate Transition Centre, London School of Economics and Political Science.
The State of the Sovereign Transition 2025 report reviews the climate change performance of 85 high-, middle- and low-income countries assessed against the Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) framework, up from 70 countries last year. The expanded country universe covers around 90% of global greenhouse gas emissions and GDP, as well as 100% of four major government bond indices. Given the political headwinds against sustained climate action in the public and private sectors, this year we dedicate the ‘focus’ section of the report to analysing areas of progress and retreat in assessed countries. The United States stands out among high-income peers, its performance declining in multiple areas. Meanwhile, improved climate policies and disclosures in low- and middle-income countries suggest they are catching up with high-income countries.
