Patrick Bolton, 05 October 2021

Do financial markets penalise firms that emit a lot of carbon, and is this an incentive for them to reduce emissions? Patrick Bolton of Columbia Business School has analysed the financial returns to estimate how carbon risk is priced.


28 & 30 SEPTEMBER 2021, 

4, 6 & 8 OCTOBER 2021


28 September
Sarah Breeden (Executive Director, Bank of England)
Sustainable finance and central banks
Discussant: Tony Hughes (Grant Thornton, columnist - GARP)
Chair: Paul Mizen



30 September
Ma Jun (Tsinghua University, Chairman of China Green Finance Committee, and Monetary Policy Committee, PBOC)
Sustainable finance in Asia
Discussant: Jane Ambachtsheer (BNP Paribas Asset Management).
Chair: Amit Kara



4 October
Mark Carney (former Governor, Bank of England and COP26 Adviser to the UK Government)
title to be confirmed
Discussant: Dimitri Zenghelis (LSE Grantham)
Chair: Sir Dave Ramsden



6 October
Panel chaired by Jo Paisley (GARP) including Ian Parry (Principal Environmental Fiscal Policy Expert in the IMF’s Fiscal Affairs Department); Igor Zuccardi (Finance Sector Specialist, World Bank); Beata Javorcik (Chief Economist, EBRD)
Fiscal policy and climate change



8 October
Robert Engle (Professor, New York University and Nobel Laureate; Co-Director, NYU Stern Volatility and Risk Institute)
Climate change and financial risk
Discussant: Misa Tanaka (Head of Research, Bank of England)
Chair: Sir David Hendry


Alex Edmans, 24 August 2021

Alex Edmans of the London Business School and CEPR, author of Grow the Pie, argues there doesn't have to be a trade-off between growing value for investors and for society. But what does this mean in practice, and how strong is the evidence?

Dirk Schoenmaker, 17 August 2021

The CEPR recently launched its research policy network on sustainable finance. Dirk Schoenmaker of the Rotterdam School of Management is leading the RPN, and Tim Phillips asks him what “sustainable” finance is, how the RPN will involve bankers as well as academics, and how big an effect it can have on policy choices.


CEPR Policy Research