The benchmark programme
Reports
We are benchmarking projects through the L-VaR™ engine — and sharing the outputs of that work. The analysis highlights challenges and opportunities that look different depending on where you sit: as a financier, a proponent, an indigenous people, a community, or an NGO.
What this means to you.
We have prepared an explanation of L-VaR and the benchmarking from different perspectives.
Financiers
Which exposures are mispriced — and which contested assets are trading below what their dynamics support.
Proponents
Where a project's story holds against the record, where it doesn't, and what recovering the value would cost.
Indigenous Peoples
Where consent was never genuinely asked — and the leverage that recognition of that fact carries.
Communities
Evidence that the risks carried downstream are real, measurable, and priced — not dismissed as sentiment.
NGOs
Which projects are genuinely recoverable through consent, and where opposition capability actually moves outcomes.
Choose a report and download now.
Select the report you're after, fill in your details, and it will be emailed to you. The L-VaR™ Benchmark Report is also available in Spanish and Finnish.
Beyond the reports
Want this lens on your own asset — or your whole pipeline?
The same engine that produces these reports runs our commercial services: from a single-asset Diagnostic to a fully priced set of strategic options.
Nothing in this material constitutes financial product advice or any other advice, or a recommendation to acquire, dispose of or hold any financial product. Spektrum Development Pty Ltd does not hold an Australian financial services licence and is not authorised to provide financial product advice. Recipients should obtain appropriate independent professional advice before making any investment or financial decision on the basis of this material.