18th CREDIT Conference “Assessing and Managing Climate Change Risk: Opportunities for Financial Institutions”

Irene Monasterolo to give a keynote speech on climate financial risk pricing at the 18th CREDIT conference. The Conference, to be held in Venice on September 26-27, 2019, is organised under the auspices of the Department of Economics of the University Ca’ Foscari of Venice, ABI – Italian Banking Association, AIAF – Associazione Italiana per l’Analisi Finanziaria and the Joint Research Center, European Commission (Ispra, Italy).

The organizers encourage submissions of papers on any topic within the overall theme of the conference and in the following areas in particular:

  • Analysis of climate change effects on companies’ creditworthiness, in terms of risk exposure and possible loss of business continuity; understanding on how to integrate the environmental risk and opportunities of banks’ or insurers’ counterparties in the credit process;
  • Development of metrics for climate-related financial risks and investments opportunities; definition of an EU environmental and climate change (ECC) risk categorising system by economic sectors/sub-sectors for ECC screening to provide a sound and reliable basis for setting high-level policies for credit protection and allocation;
  • Analysis of the climate change impact on the insurance sector and on the development of non-life and reinsurance products for the corporate and retail segments;
  • Analysis of climate-aligned developments in the financial markets (e.g. green bonds) and opportunities for financial institutions in fostering the low-carbon transition.
  • Transmission channels of climate-related shocks from the real economy to financial institutions’ portfolios and amplification mechanisms of climate-related shocks through credit chains;
  • Assessment of the potential impact of green financial policies, including climate-aligned monetary policies and macroprudential regulation;
  • Big data and artificial intelligence to assess and manage the corporate exposures to climate change factors.

The Scientific Committee for the Conference consists of:

  • Carlo Carraro (Ca’ Foscari University & CMCC, Programme Chair)
  • Stefano Battiston (University of Zurich)
  • Monica Billio (Ca’ Foscari University of Venice & GRETA)
  • Francesca Campolongo (Joint Research Center, European Commission)
  • Robert Engle (New York University, Stern Business School)
  • Thomas Heller (Climate Policy Initiative & Stanford University)
  • Andreas Hoepner (University College Dublin)
  • Steven Ongena (University of Zurich, Swiss Finance Institute, KU Leuven & CEPR)
  • Stephen Schaefer (London Business School)
  • Cristiano Zazzara (S&P Global)

 CALL FOR PAPERS

Acceptances received so far from invited speakers include Robert Engle (New York University, Stern Business School), Andreas Hoepner (University College Dublin), Irene Monasterolo (Wirtschaftsuniversität Wien, Vienna) and Til Schuermann (Oliver Wyman, New York).

Those wishing to present a paper at the Conference should submit by May 31, 2019 to the address given below (preferably in electronic format). Please indicate to whom correspondence should be addressed. Decisions regarding acceptance will be made by June 30, 2019. The final version of accepted papers must be received by August 31, 2019.

Please send papers to:

GRETA Associati

e-mail: credit@greta.it

More detailed information available on the Conference website:

http://www.greta.it/credit/credit2019/credit2019.htm

Starting Time

9:00

September 26, 2019

Ending Time

19:00

September 27, 2019

Address

Venezia,

Event Participants