EDHEC-Risk Institute becomes EDHEC-Risk Climate Impact Institute
Written on 26 Oct 2022.
Marking the priority assigned by EDHEC Business School to sustainability issues and building on its research programmes exploring the relationships between climate change and finance, EDHEC-Risk Institute is now becoming EDHEC-Risk Climate Impact Institute.
EDHEC-Risk Climate aims to become the leading academic reference point helping long-term investors manage the asset-pricing implications of climate change as well as adaptation and mitigation efforts, says Frédéric Ducoulombier, Director, EDHEC-Risk Climate Impact Institute
Our 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. EDHEC-Risk Climate also aims to play a noted role in helping financial supervisors and policy makers assess climate-related risks in the financial system and understand how these link to the real economy. The results of our research will help them in advising on the policies and tools needed to mitigate those risks and optimise the contribution of finance to climate-change mitigation and adaptation.
The delivery of these ambitions is centred around two long-term research programmes:
The research programme looking at the Implications of Climate Change on Asset Pricing and Investment Management is led by Riccardo Rebonato, PhD, Professor of Finance, EDHEC Business School, and Scientific Director, EDHEC-Risk Climate Impact Institute.
This research strand looks at the many ways in which climate change can affect the prices of equity and debt assets, via the distinct channels of transition and physical climate risk.
The research programme looking at the Impact of Finance on Climate Change Mitigation and Adaptation is led by Irene Monasterolo, PhD, Professor of Climate Finance, EDHEC Business School.
This research strand looks at the ways in which finance can foster or hinder economic decarbonization and adaptation to climate risks, considering the role of policies, investors’ expectations and preferences, instruments and markets.
We also provide a policy advocacy function.
EDHEC-Risk Climate Impact Institute will pursue further research into climate-related financial risks and the impact of finance and financial tools on climate change mitigation and adaptation and will highlight its practical relevance and uses.
As such, the Institute will not only validate its work through academic publications but will also promote its applications by:
- Engaging private and public decision makers through industry publications and position papers;
- Publishing articles in practitioner-oriented media;
- Contributing to industry and policy workgroups;
- Organising and participating in seminars, conferences and executive and online courses.
To ensure the dissemination of our research to the investment industry, the institute provides professionals with access to its website, https://climateimpact.edhec.edu. This resource is devoted to the study of the consequences of climate change on the economy and on the financial system.
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.
