Dherminder Kainth is a Research Director at the EDHEC-Risk Climate Impact Institute, working on the impact of climate change on asset prices and investment management. After obtaining a PhD in condensed matter physics from Cambridge University and conducting post-doctoral research there, he spent the majority of his career in the banking industry, working extensively in derivative pricing, risk management and prudential capital requirement, before taking on the role of Head of Model Risk at RBS. Subsequently he worked for three years within the Prudential Regulation Authority at the Bank of England, where he was involved in the LIBOR phase out and the development of industry wide model risk management principles. His financial research has appeared in Risk and the Journal of Portfolio Management.