Green finance research advances

A joint one-day international research conference organized by

in collaboration with

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. 

(Conference programme under development. Please notice that working language will be english) 

8.30-9.00 Registration and coffee 
9.00-9.10 Opening/introduction
9.00-9.05 Opening by host : Ivan Odonnat, Deputy General  Director – Financial Stability and Operations, Banque de France
9.05-9.10 Research for finance advance, Pierre Ducret, I4CE / Finance for Tomorrow

9:10-9:35 The Green & Sustainable Finance Program emergence – Pierre-Louis Lions – Collège de France & Institut Louis Bachelier
9.35-10.10 Climate change research and economic research
9.35-9.50 Valérie Masson-Delmotte (to be confirmed), Climatologist (cf. the new IPCC report to be published in October)
9.50-10.10 Céline Guivarch, CIRED, on « the use of socio-economic scenarios in the field of climate change »

10.10-11.15 SESSION 1: Panel, What Academic Research Can Help Central Banks Contribute to the Transition?
Moderator: Benoît Leguet, Managing Director, I4CE 

Speakers :
1. Josh Ryan-Collins, UCL, Institute for Innovation and Public Purpose 
2. Dirk Schoenmaker, Bruegel, Erasmus University Rotterdam 
3. Hubert Kempf, ENS Paris-Saclay
4. Morgan Després, NGFS Secretariat
5. Matthew Scott, Bank of England, Head of Climate Hub                                                                                                                                   

11.15-11.30: Coffee break

11.30-12.50 SESSION 2: Macro Models and Public Policy

Speakers :
11.30-12.00 Ben Caldecott, University of Oxford, Director of Sustainable Finance Programme (paper co-written with Gerard Dericks. « Empirical calibration of climate policy using corporate solvency: a case study of the UK’s carbon price support. »)
12.00-12.30 Marco Raberto, University of Genoa (The EIRIN flow-of-funds behavioural model of green fiscal policies and green sovereign bonds).
Moderator: (to be confirmed)

12.50-14.00 Lunch

14.00-14.30 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 and Stefano Battiston.

14.30-15.45 SESSION 3: Climate-related risks and public policy

Speakers :
1. Antoine Godin, University of Limerick (« Networks of stranded assets: A case for a balance sheet approach » (2017), Emanuele Campiglio, Antoine Godin, and Eric Kemp-Benedict).
2. Stephano Battiston, University of Zurich (“Vulnerable yet relevant: the two dimensions of climate-related financial disclosure”. I. Monasterolo, S. Battiston, AC Janetos & Z. Zheng. 2017). Or more recent research.
3. (to be confirmed)
Moderator: Eric Dugelay, Deloitte

15.45-16.00 Key take-aways