conference 2021

“Steering Financial Markets in the Sustainable Transition”

September 16 – 17, 2021; online

“Steering Financial Markets in the Sustainable Transition” is the title of the first conference organized by the research network sustainable macro and the e-axes Forum on climate change, macro and finance.

That’s a wrap!

We thank our speakers and the lively audience for their participation in the first conference organized by our research network. Please find a video of the concluding panel, as well as the program and paper links below.

If you want to stay in touch, subscribe to our newsletter here. You can find the now closed call for paper here. You can download a PDF flyer of the conference here.

Program “Steering Financial Markets in the Sustainable Transition” 

September 16– 17, 2021

Thursday 16 September 2021

Session 1: Stress testing and climate-financial risk 2:00pm – 3:45pm CET

  • Bi-layer stress contagion across investment funds: a climate application, Régis Gourdel, (ECB and WU Vienna) – Paper available here
  • Environmental Sustainability and Financial Stability: Can Macroprudential Stress Testing Measure and Mitigate Climate-Related Systemic Financial Risk?, Mercy DeMenno (Duke University and Bosque Advisors) – Please contact Mercy to receive the paper
  • Climate Change Regulatory Risks and Bank Lending, Isabella Mueller (Halle Institute for Economic Research) – Paper available here

Session 2: Steering monetary policy in the green direction 4:00pm – 5:45pm CET

  • Climate Change Mitigation: How Effective is Green Quantitative Easing?, Raphael Abiry (Goethe University Frankfurt) – Paper available here
  • It takes two to dance – Institutional dynamics and climate-related financial policies, Moritz Baer (University of Oxford) – Paper published here
  • Central Bank Collateral as a Green Monetary Policy Instrument, Andrew McConnell (Potsdam Institute for Climate Impact Research) – Paper available here

Friday 17 September 2021

Session 3: Dynamics of transition policy 1:00pm – 2:45pm CET

  • Financial Policy, Green Transition and Recovery after the COVID-19, Dongyang Pan (UCL) – Paper available here
  • Carbon Tax and Emissions Transfer a Spatial Analysis, Sahar Amidi (University of Orleans) – Paper available here
  • Policy Interaction and the Transition to Clean Technology, Josselin Roman (Paris Dauphine University – PSL) – Paper available here

Session 4: Financial markets and the green transition 3:00pm – 4:15pm CET

  • Dissecting Climate Risks: Are they Reflected in Stock Prices?, George Skiadopoulos (Queen Mary University of London and University of Piraeus) – Paper available here
  • Issuing bonds during the Covid-19 pandemic: is there an ESG premium? Fabrizio Ferriani (Bank of Italy) – Paper available here

Session 5 : Panel discussion. Sustainable finance: Open threads in data and methodologies, 10:30am – 11:45am EDT, 4:30pm – 5:45pm CET

  • Ivan Faiella, Senior Economist at the Bank of Italy, Coordinator of the Task Force for the G20 Sustainable Finance and member of the G20 Energy Sustainability Working Group
  • Jean-Stéphane Mésonnier, Deputy Director, Directorate Microeconomic and Structural Analysis
  • Irene Monasterolo, Assistant Professor of Climate Economics and Finance at Vienna University of Economics and Finance, visiting research fellow at Boston University and IIASA
  • Maria Nikolaidi, Associate Professor in Economics, Department of Economics and International Business, University of Greenwich
  • Ulrich Volz, Director of the Centre for Sustainable Finance and Reader in Economics, SOAS, University of London

Sustainable finance network cfp