15th FINANCIAL RISKS INTERNATIONAL FORUM: “Climate Risk and Green Transition”

The Institut Louis Bachelier, in cooperation with the Fondation du Risque, the Europlace Institute of Finance and the Louis Bachelier "Finance and Sustainable Growth" Laboratory, is pleased to invite you to the 15th Financial Risks International Forum. This year’s forum will focus on the theme: “Climate Risk and Green Transition”.

Climate change is one of the key challenges of our time. Addressing climate change and transitioning the world’s economy to a low-carbon path will require support from the financial sector through energy and infrastructure investments, the creation of new financial products and insurance solutions. It will also require the development of new models to assess the interactions between climate and the economy, the measurement of climate physical / transition risk and its incorporation into asset prices, the assessment of investors’ attitudes and beliefs towards these risks.

Finally, financial institutions are interconnected, and climate change is posing a serious threat to financial stability. Central banks and regulators are requesting financial institutions to disclose their climate risk exposure and have started to design scenarios for climate stress tests.

This upcoming 15th Financial Risks International Forum aims to highlight the methodological and regulatory challenges raised by the ongoing developments in financial technologies.

Irene Monasterolo, Professor of Climate Finance, EDHEC-Risk Institute, EDHEC Business School, will give a keynote speech on the theme of "Cascading climate risks: an asset level financial approach".

Irene Monasterolo | Climate Finance | EDHEC-Risk

Guest Speakers for the 2022 edition are:
•  Stefano GIGLIO, Professor of Finance at Yale School of Management
•  Irene MONASTEROLO, Professor of Climate Finance at EDHEC Business School and EDHEC-Risk Institute
•  Lucian TAYLOR, Professor of Finance, Wharton School, University of Pennsylvania

Round table sessions during this year’s Risks Forum address:

“Data Gaps and Needs for Sustainable Finance Research”
“The Future of Futures: Designing and Using Climate Macro-Financial Scenarios”
“Steering Company's Temperature Trajectory”

REGISTER FOR THE FORUM

Academics, professionals and regulators will present papers on the following and other relevant topics:

Climate risk assessment and management
Carbon trading, carbon tax, internal cost of carbon
Regulation, climate-aligned central bank tools, climate stress tests, long run predictions, scenario analysis, complex systems, cascading climate risk
Adaptation, stranded assets, transition to zero carbon economies, just transition
Climate data, ESG ratings, taxonomy, disclosure, reporting standards
ESG preferences and beliefs
Agency, governance and incentive problems, investors’ engagement
Investment strategies, climate risk factors, funds’ exposure to climate risk
Extreme weather risk, real estate and commodities exposure to climate
Green techs, new data, financial innovations
Other environmental risks: biodiversity, air pollution, water etc.

For registration and programme for this conference that will take place at Chambre de Commerce et d’Industrie on March 21-22, go to Institut Louis Bachelier (ILB) website.

The Institut Louis Bachelier (ILB) is currently hosting more than 70 research programs within four societal transitions: environmental, digital, demographic and financial. These programs are the home of collaborations between academic, as well as public and private partners on subjects of societal importance. Around 400 first-class researchers are involved with ILB on a yearly basis. Together they seek answers for a world in transition!

Date

Monday 21/03/2022 - Tuesday 22/03/2022

Place

CHAMBRE DE COMMERCE ET D'INDUSTRIE DE REGION PARIS ILE-DE-FRANCE

About EDHEC

Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.

About EDHEC-Risk Climate Impact Institute

Marking the priority assigned by the School to sustainability issues and building on its research programmes exploring the relationships between climate change and finance, EDHEC-Risk Institute became EDHEC-Risk Climate Impact Institute in October 2022. The Institute's mission is to help private and public decision-makers manage climate-related financial risks and make the best use of the financial tools available to transition to low-emission and climate-resilient economies. The Institute’s research programmes explore the relationships between climate change and finance and our key ambition is to become a leading academic reference point for long-term investors, helping them to manage the asset-pricing implications of climate change as well as mitigation and adaptation efforts.