Transition Finance · Paris
Where capital
meets the
energy shift
I work at the intersection of structured finance, decarbonisation, and real-economy impact — helping institutions deploy capital into the hardest parts of the transition.
$1.2bn+
in transactions across transition sectors
4
continents · geology, policy, risk, capital
Ground
Geology fieldwork, 50 drilling sites, Côte d'Ivoire. Where resources come from.
Policy
IEA & Sciences Po. Clean energy flows, government engagement, Sahel infrastructure.
Risk
AXA Climate. Physical and transition risk, €400m+ portfolio due diligence.
Capital
Société Générale. Structuring the deals that move money into decarbonisation.
CCUS & Hydrogen
Financing what doesn't yet have a market
The hardest transition assets need blended structures. I spend a lot of time thinking about how to make DFIs and impact capital work alongside commercial debt.
Green Metals
The mine is the missing piece
The energy transition is a mining story. Lithium, cobalt, copper — there's no battery without them. Finance hasn't fully priced that dependency yet.
Outcomes Finance
When impact is the collateral
Outcomes-based instruments are moving from healthcare pilots to climate. The covenant structuring is new territory — and the investor base is still learning what to price.
Circular Economy
Plastic, recycling, and the $200m question
Mid-cap recyclers are underfinanced and under-modelled. Multi-tranche structures with sustainability waterfalls are one answer. I've been building those models.
May 2026
The blended finance gap in CCUS: why commercial banks still won't move first→
On risk pricing, DFI catalysis, and what changes the calculus
Feb 2026
Green metals and the transition paradox→
You can't decarbonise without mining. Here's what that means for capital.
Nov 2025
What outcomes-based finance teaches us about transition risk→
From healthcare SIBs to climate covenants — a practitioner's view
Coming soon
Next piece in progress
New pieces a few times a year. No newsletter. Just thinking.
New pieces a few times a year. No newsletter. Just thinking.
Commissioned · Sciences Po, European Chair for Sustainable Development
Climate Transition
Two years of conversations on capital, climate, and what it actually takes to get there.
Let's talk
If you're working on
the hard parts
of the transition
RT
Raissa Tiene
Associate, Société Générale CIB · Paris