Programme

• Time
• Title

• Registration and coffee

• Session 1: Climate Risk, Hedging, and Asset Pricing

  Climate Risk Pricing
  Lasse H. Pedersen

  The Value of Compliance Offsets in Cap-and-Trade Markets
  Aymeric Bellon, Deeksha Gupta, Tarun Ramadorai, Federica Zeni 

• Coffee Break

• Session 2: Financial Frictions and the Green Investment Channel

  Lost in Transition: Financial Barriers to Green Growth
  Philippe Aghion, Antonin Bergeaud, John Van Reenen, Maarten De Ridder 
    
  Financing Investment in Electricity
  Olivier Darmouni, Clemens Lehner, Parinitha R. Sastry

• Lunch and Poster Session

• Session 3: Firm Networks, Reallocation, and Environmental Shocks

  Two Centuries of U.S. Innovation: Firms' Internal Networks and Resilience to Disasters
  Mathias Kruttli, Noah Stoffman, Sumudu W. Watugala 
   
  Canaries in the Coal Mine: Firm Response to Biodiversity Transition Risk
  Jesus R. Pena Manrique, Shikhar Singla 

• Coffee Break

• Session 4: Environmental Policy Effectiveness and Real Resource Allocation

  Restoring Nature, Creating Wealth: Evidence from Rural Households in Africa
  Geoffrey Heal, Claudio Rizzi, Simon Xu

  Green Waste
  Ingvil Gaarder, Morten Grindaker, Tom G. Meling, Magne Mogstad

• Poster Sessions

• Poster session 1: Pricing and Transmission of Climate Risk in Corporate Loan

  Natalia Madrid, University of California, San Diego

• Poster session 2: Carbon in the Cloud

  Tingyu Yu, University of Zurich

• Poster session 3: Impact Investing and Private Equity: Cross-Country Determinants and Economic, Social, and Environmental Outcomes

  Mahdieh Vosough Gohari, BI Norwegian Business School

• Poster session 4: The Effects of Green and Social Bond Issuance on Firms' ESG Performance

  Rodrigo Graça, Norwegian University of Science and Technology (NTNU)

• Poster session 5: One Price Fits All? Cross-Subsidies in Uniformly Priced Natural Perils Insurance

  Caroline Espegren, Bank of Norway

• Poster session 6: Biodiversity as an Asset: A Critical Analysis of Investor Narratives and Their Justice Implications

  Catalina A. Papari, Utrecht University

• Poster session 7: Global Warming, Ecosystems and Inequality

  Ignacio Oliva, University of California, Davis

• Poster session 8: Can Investor Coalitions Drive Corporate Climate Action?

  Nikolaus Hastreiter, London School of Economics and Political Science (LSE)

• Poster session 9: The Value of Nature-Based Adaptation. Evidence that Tree Cover Protects Urban Revenue from Heat

  Andie Creel, Yale University

• Poster session 10: The Unintended Consequences of Carbon Markets

  Lior Shabtai, Northwestern University

• Poster session 11: Incident-Driven ESG Engagement

  Yongheng Sun, Singapore Management University

• Poster session 12: Taxonomy Talks, Credit Walks: The EU's Climate Disclosure Framework and Bank Lending

  Felicitas Koch, ifo Institute