The Financial Risks International Forum is an International Research Forum for academics and professionals organised by Institut Louis Bachelier.

The 15th edition of the forum will take place in Paris on March 21st-22nd, 2022, with a key focus on the theme of Climate Risk and Green Transition.

The event aims to highlight the methodo­logical and regulatory challenges raised by the ongoing developments in financial technologies.

Climate change is one of the key challenges of our time. Addressing climate change and transitioning the world’s economy to a low-carbon path will require support from the financial sector through energy and infrastructure investments, the creation of new financial products and insurance solutions. It will also require the development of new models to assess the interactions between climate and the economy, the measurement of climate physical / transition risk and its incorporation into asset prices, the assessment of investors’ attitudes and beliefs towards these risks. Finally, financial institutions are interconnected and climate change is posing a serious threat to financial stability. Central banks and regulators are requesting financial institutions to disclose their climate risk exposure and have started to design scenarios for climate stress tests.

We welcome the submission of research papers on the following and other relevant topics:

  • Climate risk assessment and management
  • Carbon trading, carbon tax, internal cost of carbon
  • Regulation, climate-aligned central bank tools, climate stress tests, long run predictions, scenario analysis, complex systems, cascading climate risk
  • Adaptation, stranded assets, transition to zero carbon economies, just transition
  • Climate data, ESG ratings, taxonomy, disclosure, reporting standards
  • ESG preferences and beliefs
  • Agency, governance and incentive problems, investors’ engagement
  • Investment strategies, climate risk factors, funds’ exposure to climate risk
  • Extreme weather risk, real estate and commodities exposure to climate
  • Green techs, new data, financial innovations
  • Other environmental risks: biodiversity, air pollution, water etc.

Complete papers in PDF format should be submitted electronically, by January 3rd, 2022.

The results of the selection procedure will be announced by mid-January 2022.

SCIENTIFIC COMMITTEE

Chairwoman: Marie BRIERE, Amundi, Paris-Dauphine University and Université Libre de Bruxelles

Frédéric ABERGEL, Ecole Centrale Paris

Jean-François BOULIER, Af2i

Laurent CLERC, ACPR Banque de France

Rama CONT, University of Oxford & Institute for New Economic Thinking

Michel CROUHY, NATIXIS

Raphaël DOUADY, University Paris 1 Panthéon-Sorbonne, CNRS and Riskdata

Darrell DUFFIE, Stanford University

Nicole EL KAROUI, Pierre et Marie Curie University

Christian GOURIEROUX, Toronto University

Roger GUESNERIE, Collège de France

Alexander HERBERTSSON, Göteborg University

Monique JEANBLANC, LaMME Evry University

Jean-Paul LAURENT, Paris 1 Panthéon-Sorbonne University

Guillaume PLANTIN, SciencesPo Paris

Jean-Charles ROCHET, Toulouse School of Economics, Geneva University

Olivier SCAILLET, Geneva University

Bertrand VILLENEUVE, PSL Paris-Dauphine University

SUMBIT YOUR PAPER