Green Finance Research Advances
Conferences - By : Benoît LEGUET / Morgane NICOL / Michel CARDONAAuditorium de la Banque de France 31 rue Croix des Petits Champs, Paris, 75001 France
The objective of the day is to bring together academics, finance practitioners and regulators to discuss together the recent research advances in the field of modelling climate-related financial risks, provide a better understanding of the role of central banks in addressing these risks, and formulate the relevant research agenda for the years to come.
A joint one-day international research conference co-organized by Banque de France, Institut Louis Bachelier, I4CE and Finance for Tomorrow.
Program :
8.30-9.00 Registration and coffee
9.00-9.10 Opening/introduction
Opening by host : Ivan Odonnat, Deputy General Director – Financial Stability and Operations, Banque de France
Research for finance advance, Pierre Ducret, I4CE / Finance for Tomorrow
9.10-9.25 The Green & Sustainable Finance Program emergence
Peter Tankov, ENSAE ParisTech, Paris-Saclay University, Institut Louis Bachelier
Stéphane Voisin, Université Paris-Dauphine, Institut Louis Bachelier
9.30-10.10 Climate change research and economic research
Valérie Masson-Delmotte, CEA-LSCE – the new IPCC 1.5°C report
Céline Guivarch, CIRED, « the use of socio-economic scenarios in the field of climate change »
10.10-10.30 Coffee break
10.30-12.00 SESSION 1: Panel
How Academic Research Can Help Central Banks Contribute to the Transition?
Moderator: Benoît Leguet, Managing Director, I4CE
Speakers :
Morgan Després, NGFS Secretariat
Hubert Kempf, ENS Paris-Saclay
Josh Ryan-Collins, UCL, Institute for Innovation and Public Purpose
Dirk Schoenmaker, Bruegel, Erasmus University Rotterdam
Matthew Scott, Bank of England, Former Head of Climate Hub
12.00-13.15 Lunch
13.15-14.30 SESSION 2: Macro Models and Public Policy
Moderator: Laurent Clerc, Director, Studies and Risk Analysis Directorate, ACPR, French Supervision Authority
Speakers :
Ben Caldecott, University of Oxford, Director of Sustainable Finance Programme
« Empirical calibration of climate policy using corporate solvency: a case study of the UK’s carbon price support. », paper co-written with Gerard Dericks.
Marco Raberto, University of Genoa
The EIRIN flow-of-funds behavioural model of green fiscal policies and green sovereign bonds, paper co-written with Irene Monasterolo.
14.30-15.00 Young Researcher Scholarship for Green Finance Award
by Sylvie Goulard, Deputy Governor, Banque de France
with members of the selection committee : Dirk Schoenmaker, Patricia Crifo, Christian Gollier, Ben Caldecott, Peter Tankov and Stefano Battiston.
15.00-15.15 Coffee Break
15.15-16.30 SESSION 3: Climate-related risks and public policy
Moderator: Eric Dugelay, Deloitte
Speakers :
Stefano Battiston, University of Zurich
“Vulnerable yet relevant: the two dimensions of climate-related financial disclosure”,
co-written with I. Monasterolo, AC Janetos & Z. Zheng. 2017.
Antoine Godin, French Agency for Development (AFD), Senior Economist.
« Networks of stranded assets: A case for a balance sheet approach » (2017), co-written with Emanuele Campiglio and Eric Kemp-Benedict.
16.30-16.40 Concluding remarks
Jean-Michel BEACCO, CEO at Institut Louis Bachelier.