Climate Finance

This three-year research project explores the different ways in which investors and financial markets are exposed to, and contribute to mitigating, climate change. The project highlights research that helps investors understand their portfolios’ exposure to climate risks and assesses how their investments contribute to mitigating climate change. It also provides information to guide firms that consider climate-related objectives in their management and investment decisions. Understanding the role of capital markets in responding to and addressing risks posed by climate change is central to the design and implementation of effective public policies in this realm.

The centerpiece of the project will be an annual research conference showcasing a set of research studies selected by the organizers after a widely disseminated call for papers. Each conference will include a panel discussion on an emerging issue. It will also feature 15 outstanding graduate students, who will gather on the day before the conference for an in-depth tutorial with several leading climate finance scholars.