The World Bank has asked the Columbia SIPA Capstone team to analyze the relationship between climate policy and the sovereign debt market, measured by various energy assets, to further determine the gaps between country-level energy policies, climate goals, and market pricing. Sovereign debt comprises one of the largest asset classes in the world, forecasted to reach $71 trillion in assets under management in 2022. Though sovereign debt investors are beginning to incorporate sustainability (ESG) considerations in their portfolio decisions, the market has yet to fully integrate the urgency of the climate crisis. A key challenge in accounting for renewable energy policy lies in the frameworks around measuring the value of renewable energy assets. Meanwhile, studies on sovereign debt market inclusion of climate transition risk are inconclusive, particularly as they relate to renewable energy asset development. With quantitative and qualitative analyses added with extensive literature reviews, the team’s conclusions were (1) The translation of energy asset rents into long-term resilience-oriented policies is necessary to prepare for this climate-oriented shift in sovereign debt markets; (2) Stakeholders throughout the market must work together to develop common frameworks and place value where it should lie so that the sovereign debt market can adequately incorporate the benefits of renewable energy policy and built capital; and (3) Measuring renewable assets and placing higher value on them in investment decisions will protect asset holders from shocks down the line and protect us all from the climate-related challenges we will face in the near future.