Discover the second edition of EDHEC’s Climate Finance Highlights (Oct. 2024)
Delve into groundbreaking research and insightful discussions from our researchers on climate finance and, if you haven't already done so, do not hesitate to subscribe to this quarterly newsletter.
Driven by our institutes and initiatives, including the EDHEC-Risk Climate Impact Institute, EDHEC Infra & Private Assets Research Institute, and Scientific Portfolio - an EDHEC Venture, this newsletter brings you the latest climate finance cutting-edge research and practical applications.
This quarter, we explore the growing demand for transparency in climate risk assessments, the essential role of finance in driving the climate transition, and the need for more robust climate scenario models. Our experts delve into decarbonisation strategies, the financial sector's contribution to climate action, and the potential costs of inaction on infrastructure sustainability.
Latest Insights
Investors are seeking more transparency on risk assessment and actions taken to improve the sustainability of infrastructure
In this interview, Rob Arnold, Sustainability Research Director at EDHEC-Risk Climate Impact Institute, discusses the creation of a new body of knowledge on decarbonisation and climate resilience strategies in infrastructure sectors. He explains the necessity and beneficiaries of this knowledge, the project's structure, and how it addresses climate risks… Read this interview
Finance of transition, transition of finance
In this article, Frédéric Ducoulombier, Director of the EDHEC-Risk Climate Impact Institute, emphasises the urgent need for increased investment in climate change mitigation and adaptation. He highlights the financial industry's potential role as a key facilitator and accelerator of the climate transition and identifies the necessary updates to drive this transformation within the finance sector… Read this article
The problems with climate scenarios, and how to fix them
In this article, Professor Rebonato calls for a revision of the current approach to emission projection models, proposing ideas and actions that move in the direction of probabilism. Faced with the uncertainties surrounding climate change, policymakers and investors need to know what can happen and how likely these outcomes may be. Unfortunately, current scenarios answer only the first question – and at that, only partially. Research carried out at EDHEC-Risk Climate tries to provide approximate but “actionable” answers to the second… Read this article
[#dataviz] Climate change could be very costly for those who have invested in infrastructure
Discover, through a dedicated carousel, the key points of the "Highway to Hell" study, published by the EDHEC Infra & Private Assets Research Institute in January 2024. The risks of transition and physical risks will affect all installations, with varying degrees of intensity: energy and water, data centres, transport, etc. The total bill could run into hundreds of billions of euros, but could be limited if an "orderly" transition is implemented… Discover this dataviz
Latest news
Riccardo Rebonato Honoured with the “Legends in Quantitative Finance” Award at the 20th Quantitative Finance Conference
This rare recognition was presented during the opening session of the 20th Quantitative Finance Conference. The “Legends in Quantitative Finance” award is bestowed upon individuals who have made significant and lasting contributions to the field. Since its inception, the award has previously only been presented twice... Read this article
Frédéric Ducoulombier Explores SFDR Product Labeling, Transition Finance, and ESG Data Challenges at Reuters Sustainability Europe 2024
Frédéric Ducoulombier, Director of EDHEC-Risk Climate Impact Institute delivered critical insights during a session titled "What’s Next for the SFDR and Sustainable Fund Labels" at the Reuters Events: Sustainability Europe 2024 summit in London, attended by 600 leading global business leaders and investors to discuss the EU Sustainable Finance framework, with particular emphasis on recent developments in the ongoing review of the SFDR and address key issues around product naming and labeling and transition finance... Read this article
Gianfranco Gianfrate and Co-Authors Win SIDREA Prize for Research on the Market impact of Green Bonds' External Reviews
The Italian Society of Accounting and Business Administration (SIDREA) has awarded Professor Gianfrate and co-authors the Commission on Internationalization Project Prize for the ‘Best Scientific Article Published in an International Journal in 2023’ for their article “What’s in a shade? The Market Relevance of green bonds’ external reviews", published in The British Accounting Review... Read this article
A Great Success for the Webinar: Assessing the Impact of Climate Risk on Global Equity Valuations with Over 800 Professionals Registered
Professor Rebonato presented the key findings of a new study, How Does Climate Risk Affect Global Equity Valuations? A Novel Approach. This study introduces a groundbreaking approach to understanding the impact of climate change and related policies on global equity valuations. During the webinar, attended by over 800 professionals, he reveals that even in the absence of tipping points, failure to take abatement action can reduce global equity valuation by over 40%... Read this article
Further information
- To read this #2 newsletter online, follow this link: https://docs.climateimpactedhec.com/highlights_oct24/highlight-102024.html
- To subscribe to this quarterly newsletter: please contact [email protected]
- To discover the section dedicated to EDHEC's Climate Finance Research, click here: https://www.edhec.edu/en/research-and-faculty/edhec-climate-finance-research