Oxford Sustainable Finance Summit 2022

Presentation

 

2021 in many ways marked a watershed moment for sustainable finance. COP26 in Glasgow resulted in unprecedented net zero and nature positive commitments from across the global financial system. Attention now urgently needs to focus on the quality and delivery of these commitments, and what can accelerate progress, not simply the number of such promises to act. 

Taking place on July 21 and 22 at the Univeristy of Oxford, the Oxford Sustainable Finance Summit 2022 will bring together leading researchers from across Oxford with practitioners, policymakers, regulators, and civil society organisations to examine and reflect on the latest developments and trends in sustainable finance and investment. We will also showcase and critically evaluate emerging best practices across finance sub-sectors, asset classes, and sustainability themes.

Topics they will focus on include among other things:

  • biodiversity and nature
  • climate litigation and liability
  • climate-related physical and transition risks
  • emerging regulatory frameworks and reporting requirements
  • engagement and stewardship
  • net zero transition plans
  • novel machine learning and data science methods
  • risk pricing across sectors and asset classes
  • spatial finance
  • supervision and stress testing
  • sustainability-linked products and instruments

 

See full detailed Oxford Sustainable Finance Summit 202 programme

 

Organized by the Oxford Sustainable Finance Group, The Oxford Sustainable Finance Summit 2022 will bring together leading researchers from across Oxford with practitioners, policymakers, regulators, and civil society organisations to examine and reflect on the latest developments and trends in sustainable finance and investment. The event will also showcase and critically evaluate emerging best practice across finance sub-sectors, asset classes, and sustainability themes.

 

Irene Monasterolo, Professor of Climate Finance, EDHEC-Risk Institute, has been invited to participate in the Climate-related physical risks session, together with Rama Cont, Statutory Professor of Mathematics (University of Oxford), Adityadeb Mukherjee, Head of ESG, (Lloyds Banking Group), and Tom Perkins, Catastrophe & Climate Risk Analyst (Bank of England). The session will be chaired by Dr Nicola Ranger, Deputy Director, UK Centre for Greening Finance & Investment, Head of Sustainable Finance Research for Development, Oxford Sustainable Finance Group (University of Oxford).

 

Irene Monasterolo, EDHEC Risk, Professor of Climate Finance

 

Session Description:

Physical risk is often seen as more remote than transition risk, particularly for wealthier countries. But COVID has taught us that risks can interact in complex ways and cascade globally. This session will draw upon the evidence on systemic risks related to physical climate shocks, including compound risks and cascading global physical risks. In this session, experts will showcase the latest science in this area and identify potential hot spots of risk. 

 

During her talk, Irene Monasterolo will address the following issues:

  1. the importance of including the asset level dimension in the assessment of climate physical risks for finance,  
  2. our approach to fill the methodological gap and results from the application to Mexico
  3. data and financial valuation challenges and opportunities