
Modeling climate risks - Supporting climate action
In October 2022, EDHEC-Risk Institute became EDHEC-Risk Climate Impact Institute (EDHEC-Risk Climate) reflecting the commitment of EDHEC Business School to advancing the integration of sustainability imperatives across economic activities.
We are delighted to share with you our inaugural newsletter which positions our research orientations in the context of the climate emergency and presents some of the first results of the research efforts incubated over the last 2 years.
Frédéric Ducoulombier, Founding Director of EDHEC-Risk Climate opens the editorial for the inaugural newsletter of the Institute, with an article entitled "Winter of Despair, Spring of Hope", and introduces the team's high-relevance academic research on the modeling of climate risk and the role of finance for climate action.
The newsletter notably includes:
- Rolling the DICE at Thirty - Can Integrated Assessment Models be Made Fit for Investment Purposes?: a discussion of breakthrough extensions of Integrated Assessment Models and their surprising results in terms of climate policy recommendations;
- The Impact of Climate Change News on Low-minus-High Carbon Intensity Portfolios: new work applying language models to the measurement of asset price sensitivity to climate change news;
- Finance and Climate Action – Perspectives from the Sixth Assessment Report: an insider’s look at the integration of the role of finance in the IPCC Sixth Assessment Report;
- Multilateral Financial Institutions (MFIs) Need a Theory of Change to Deliver Better Climate Finance: a call on multilateral financial institutions to integrate climate risks in project assessment;
- The Proposed Extension of the EU Ecolabel to Retail Funds Needs a Rethink: observations on the stalled extension of the EU Ecolabel to financial products.
The newsletter also features an interview "Research is Essential to Sustaining Innovation in Responsible Investment" with Timothée Jaulin, Head of ESG Development and Advocacy at Amundi, who discusses key issues facing the investment management industry and Amundi's support for leading research initiatives on climate change mitigation and adaptation.
Additionally, it provides information on EDHEC-Risk Climate’s latest research publications, events and news, and also includes a press review.
Access all articles here EDHEC-Risk Climate Inaugural Newsletter - May 2023 Issue