International Conference 2020 on “Climate Change: Economic Impact and Challenges for Central Banks and the Financial System”

Hoe gaan centrale banken om met de klimaat verandering? Welke zijn de specifieke uitdagingen?

Dat is de centrale vraag in deze tweedaagse online-conferentie van de Nationale Bank van België op 22 en 23 oktober.

Het programma is nog niet helemaal definitief, maar de drie clusters met telkens een selecte groep sprekers zijn:

Session 1 – Climate change policy evaluation

• The political economy of financing climate policy : evidence from solar panel subsidies
• Going green by putting a price on pollution : Firm-level evidence from the EUK.
• Banking barriers to the green economy

Session 2 – Green financing and green investments 

• When green meets green
• Optimal climate policy in the face of tipping points and asset stranding

Session 3 – Climate change and financial markets and instruments

• Network for Greening the Financial System)
• Are green bonds different from ordinary bonds ?A statistical and quantitative point of view
• Climate change concerns and the performance of green versus brown stocks

Info over de sprekers, de chairs en de concrete dagindeling vindt u via deze link.

Via deze link kan u zich registreren.

De voertaal voor deze internationale conferentie is het Engels.

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De aankondiging van de NBB luidt:

“Climate change and the required transition to more efficient and sustainable energy use poses many challenges for society. There is still enormous uncertainty associated with this process and the related changes in policy, technology and sentiment. This uncertainty creates risks and opportunities that affect many economic decisions. Central bankers and financial system supervisors should assume their responsibility in this process within their mandate and with the instruments available to them. In order to contribute to this process, a good understanding of the potential impact of climate change on the macroeconomy and the financial markets is a necessary starting point. Both theoretical and empirical research can provide insight into how these factors are priced in financial markets, how they affect micro- and macroeconomic outcomes and how economic, monetary and macroprudential policies should respond.

Several new research results on these themes will be presented at our conference. Seven teams of Belgian and international researchers will set out their findings, each time followed by a discussion with international experts. In addition, we have invited Christian Gollier (Toulouse School of Economics), Irene Heemskerk (De Nederlandsche Bank and Network for Greening the Financial System), Irene Monasterolo (Vienna University of Economics and Business, and IIASA) to speak at the event.”