Climate-related risks: A financial stability angle for Europe
With attention to climate change on the rise, there is a heightened need for accurate risk quantification to underpin action in the public and private sector alike. The European Systemic Risk Board (ESRB) and European Central Bank (ECB) have mobilised their resources aimed at improving the measurement and modelling of climate-related risk, noting its clear financial stability angle.
Irene Monasterolo, Professor of Climate Finance, EDHEC-Risk Institute and EDHEC Business School, has been invited by SUERF, the European Money and Finance Forum to participate in an a webinar entitled "Climate-related risks: A financial stability angle for Europe", together with:
Chairman:
- Ernest Gnan, Counsel to the Board and Head of Economic Analysis Division, OeNB and Secretary General, SUERF
Speakers:
- Jean Boissinot, Head of Secretariat, Network for Greening the Financial System (NGFS), Banque de France
- Paul Hiebert, Head of Systemic Risk & Financial Institutions Division, European Central Bank
Discussants:
- Fabio M Natalucci, Deputy Director, International Monetary Fund (IMF)
- Chris Faint, Head of Division, Bank of England
- Irene Monasterolo, Professor of Climate Finance, EDHEC-Risk Institute and EDHEC Business School
This seminar would share key results to date as published in ESRB reports of 2020 and 2021:
Positively green: Measuring climate change risks to financial stability, June 2020
Climate-related risk and financial stability, July 2021
SUERF is a non-profit association established on 25 November 1963 in Louveciennes, France, by a group of academics and bankers from France, the United Kingdom, the Netherlands and Belgium. SUERF’s focus is on the analysis, discussion and understanding of financial markets and institutions, the monetary economy, the conduct of regulation, supervision and monetary policy, and related issues.
SUERF’s strength lies in bringing together three pillars of members: central banks and supervisors, financial industry representatives and academics. Members are drawn from all over Europe and beyond. SUERF is soundly governed by its Council of Management, which comprises high-ranking representatives drawn from SUERF’s three pillars of members.
Further information on the conference can be found on the SUERF website.