Sabrina Muller
Sabrina was a Policy Analyst working on sustainable finance policy with a particular focus on just transition in both developed and developing country contexts.
Background
Prior to joining the Grantham Research Institute, Sabrina was a Credit Analyst at Fitch Ratings where she was responsible for a portfolio of credit ratings in the infrastructure sector. Sabrina also contributed to Fitch’s implementation of its ESG Relevance Scores and its broader ESG strategy. Before that, she worked at the WWF and the GIZ in their respective sustainable finance teams. Sabrina holds a MSc from Stockholm University and a BSc from the University of Tübingen.
Research interests
- Just transition pathways in developed and developing countries
- Role of private investors in financing the just transition
- Role of the public sector, including local government and communities, in driving the just transition
- Financial regulation aiming at a sustainable financial system
- Financial instruments including green and sustainability-linked bonds
- Green and brown taxonomies
- Sustainability-related metrics
Policy
Policy - 2023
This report contains results of the second phase of the India Just Transition Finance Roadmap project. Read more
Policy - 2022
This tool describes the concept of a Just Transition and makes the business case for financial institutions to partner with stakeholders and peers to support a just climate transition. Read more
This report provides guidance to financial Institutions on how they can incorporate the social dimension of climate action – the just transition – into their net zero transition plans. Read more
This report explores how financial institutions can support the ‘just nature transition’: a shift to a net zero economy that delivers decent work, social inclusion and the eradication of poverty while delivering biodiversity goals. Read more
This presentation given at the Inevitable Policy Response Quarterly Forecast Tracker event on 30th June 2022 provides an assessment of the international policy response to the Just Transition. Read more
This report examines how-well placed the UK is to make the required investments for a successful net-zero transition, and the wider economic impact those investments might have. Read more
Policy - 2021
This policy brief reviews the attention given to a crucial aspect of climate change action - the just transition - at the COP26 climate summit and the priorities that lie ahead for 2022. Read more
Efforts are growing to quantify and characterise the ‘green economy’, and to identify opportunities to be seized and challenges to be overcome in the transition to net-zero. This report and accompanying policy brief shed light on the quantity and quality of current green labour markets, to inform policy action and future research. Read more
This policy brief looks at actions the energy sector and finance are starting take to ensure there is a just transition for workers and communities affected by the transition away from coal, and how those actions can be scaled up. Read more
This report sets out what the delivery of a just transition in the UK will require, highlights initial efforts by leading financial institutions towards achieving a just transition, and points to what is needed to achieve system-wide change. Read more
This paper, co-authored with the Impact Investing Institute, emphasises the strategic potential for a green sovereign bond with well-defined social and economic benefits to support the European Commission’s new Strategy for “financing the transition to a sustainable economy.” Read more
This note from the Impact Investing Institute and the Grantham Research Institute outlines a practical and implementable framework for delivering the social co-benefits dimension of the UK’s green gilt, laying the foundations for further development in subsequent green giltissuances. Read more
This report sets out a framework of just transition expectations that investors can use in conducting due diligence and assessments of companies, engaging with portfolio holdings and allocating capital. The framework is based on international standards and emerging practice and is applied to five companies in the European electric utilities sector. Read more
Events
News
News - 2022
Transition finance is a relatively new addition to the suite of sustainable finance instruments. Sabrina Muller and Nick Robins explain how and why the ‘just transition’ to net-zero, an inclusive process that takes into account the impacts on all people and places, needs to be fully incorporated. Read more
News - 2021
Action by the finance sector in the coal-to-clean transition now needs to be scaled up, focusing on local needs and delivering tangible social impact, say Sabrina Muller and Nick Robins. Read more
Sabrina Muller and Nick Robins explain how the Social Value framework offers a mechanism to drive a green and just recovery from COVID-19 across the UK. Read more
Katarzyna Szwarc, Nick Robins and Sabrina Muller explain how the UK Infrastructure Bank could drive forward the creation of a net-zero economy that is fair for all workers and communities, across the country. Read more