GRETA Associati (Venice, Italy), Cattolica Assicurazioni (Verona, Italy), CRIF (Bologna, Italy), European Investment Fund (Luxembourg), European Investment Bank (Luxembourg) and Intesa Sanpaolo (Milan, Italy) are co-sponsors of a Conference to be held in Venice on September 24-25, 2020. The objective of the Conference is to bring together academics, practitioners and PhD students working in the area of risk management. The conference will provide an opportunity for participants engaged in research at the forefront of this area to discuss both the causes and implications of recent financial and climate-related events and may, in turn, suggest fruitful and policy-relevant directions for future research. The Conference, organised under the auspices of the Department of Economics of the University Ca’ Foscari of Venice, ABI - Italian Banking Association, AIAF - Associazione Italiana per l'Analisi Finanziaria and the Joint Research Center, European Commission (Ispra, Italy), is the nineteenth of a series dedicated to various aspects of credit risk. The UN 2030 Agenda for
Sustainable Development and the adoption of European
Commission’s Action Plan on Sustainable Finance mark
important international commitments to the objective
of a more sustainable economy and society. However,
their successful implementation is tightly related
to the scaling up of low-carbon investments and
divestment from carbon-intensive investments. This,
in turn, requires an assessment of the credit risks
stemming from investors’ exposure to economic
activities and assets that could be stranded by
climate change. For instance, regulators’ discussion
about the revision of capital requirements aimed to
foster green investments (i.e. a green-supporting or
a brown-penalising factor) is hampered by the
unclear understanding of the implications of a
regulatory change on individual institutions and
systemic financial risk. Thus, financing the
low-carbon transition is primarily a discussion
about credit risk.
The financial sector, and in particular the banking and insurance industries need to develop new portfolios’ risk management strategies and to adjust their credit allocation practices to cope with the opportunities and challenges of the low-carbon transition in the economy and finance. All these changes call for a substantial amount of research to improve the knowledge of the mechanisms at play and to design tailored and effective policy tools. The organizers encourage submissions of papers on any topic within the overall theme of the conference and in the following areas in particular:
The final program will include both submitted and invited papers. Acceptances received so far from invited speakers include Marina Brogi (Sapienza University of Rome) and Andrew W. Lo (MIT Sloan School of Management). The Conference will also feature panel discussions on researchers', practitioners' and policy makers’ views of the major issues at stake for embedding climate into credit risk.
The Scientific Committee consists of: Monica Billio (Ca’ Foscari University of Venice & GRETA, Programme Chair)Marina Brogi (Sapienza University of Rome) Francesca Campolongo (Joint Research Center, European Commission) Helmut Kraemer-Eis (European Investment Fund) Rainer Haselmann (Goethe University, Frankfurt) Irene Monasterolo (Vienna University of Economics and Business) Steven Ongena (University of Zurich, Swiss Finance Institute, KU Leuven & CEPR) Roberto Rigobon (MIT Sloan School of Management) Stephen Schaefer (London Business School)
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CALL FOR PAPERS
Those wishing to present a paper at the Conference should submit by May 31, 2020 to the address given below (preferably in electronic format). Please indicate to whom correspondence should be addressed. Decisions regarding acceptance will be made by June 30, 2020. The final version of accepted papers must be received by August 31, 2020.
Please send papers to: GRETA Associati San Polo, 2605 - 30125 Venice, ITALY Phone : +39 041 5238178 e-mail: credit@greta.it
IMPORTANT DATES May 31, 2020: Papers submission deadline June 30, 2020: Paper acceptance notification August 31, 2020: Deadline for sending final version of accepted papers
More detailed information on the Conference website: http://www.greta.it/credit/credit2020/credit2020.htm * Please accept our apologies for any crossed e-mails. ** Probably you are in our mailing list from very long time because you collaborated with us or with our associates, you asked to be informed about our activities, you attended our conferences or you submitted papers to our call for papers. If you would like to continue enjoying the benefits of keeping up to date with our future events, invitations, and developments, you do not need to do anything. If you would prefer to no longer receive communications from us, please send an email with Subject "Cancel from Mailing List" to credit@greta.it |