Financial decisions worldwide are increasingly influenced by the scarcity of resources and by the climate. The extent of the environmental impact from climate change is still uncertain but the recent scientific evidence is increasingly worrisome (IPCC, 2018) and many governments are taking decisive steps in order to avert a catastrophe.
The transition towards a low-carbon economy requires a broad array of financial instruments and innovations that will have far-reaching implications for markets, corporations, intermediaries, and investors. Given the widespread recognition of climate change risks as perhaps the most fundamental long-term risks for asset managers and asset owners, EDHEC-Risk Institute is committed to launching a number of research and outreach initiatives to help improve our understanding of climate change finance.
During this one-day conference, which shall combine academic lectures and panel discussions, our experts will discuss several issues of increasing importance. These topics shall include the efficiency of the market pricing of climatic risks, the climate risks assessment and disclosure for corporations and their impact on credit analysis, the financial management decisions affected by climate risks and policies, the design of investment strategies to hedge climate risks and liabilities, as well as the impact of green quantitative easing policies by central banks.