Working Paper 002 — Energy Transition Domain
Catalytic capital architecture for industrial decarbonisation. Working draft against KfW commitments and SFDR 2.0.
The forthcoming Working Paper 002 extends the Capital Architecture Framework to industrial decarbonisation. The paper anchors on the KfW commitment of EUR 50 billion to energy-transition financing for 2024–2026 (KfW, 2025), the European Defence Fund’s parallel placement of catalytic capital, and the SFDR 2.0 product-framework restructuring under legislative review since November 2025.
The contribution is a domain extension: the seven-stage CAF lifecycle applied to mid-cap process-heat conversion mandates, with explicit calibration of concessionality such that commercial capital is mobilised rather than displaced. A worked example threads through sections 4–6 — anonymised composite of three live mandate structures with tranche shares, threshold returns, and stress-test results.
Open artefacts: the reference dataset and the methodology appendix are released ahead of the paper for community comment. Members-only artefacts: the working draft and the DACH-DFI roundtable deck.
Cite as: Temmen, T. (forthcoming, Q3 2026) Capital Architecture in the Energy Transition, Capital Architecture Institute, Working Paper 002. Zürich.