CHALLENGE
Are you prepared for climate-related financial risk and opportunities?
”One of the most significant, and perhaps most misunderstood, risks that organizations face today relates to climate change. The large-scale and long-term nature of the problem makes it uniquely challenging“
G20 Task Force on Climate-related Financial Disclosure (TCFD)
”The NGFS recognises that there is a strong risk that climate related financial risks are not fully reflected in asset valuation.“
Central Bank and Supervisors Network for Greening the Financial System (NGFS) report, April 2019
”Climate-related risks are a source of financial risk. It is therefore within the mandates of central banks and supervisors to ensure the financial system is resilient to these risks.”
François Villeroy de Galhau, Governor of the Banque de France
SCIENCE
CLIMAFIN delivers its services by building on core scientific know-how on climate financial risk.
CLIMAFIN combines the analysis of large datasets on financial and industrial relationships with new financial network algorithms to estimate the propagation of climate shocks towards firms and the resulting impacts on financial assets.
SOLUTION
CLIMAFIN helps investors to navigate the low-carbon transition with forward-looking risk metrics.
Our scientific approach guarantees to our clients the transparency and the rigor required for internal and external validation. Decisions that impact capital requirements should be based on the best available scientific evidence.
Climate financial risk disclosure and reporting:
We support institutional investors in their reporting to ensure full compliance with national and international climate-related standards: TCFD, EU-NFRD, French Article 173. When you work with us, your reporting is backed by evidence published in leading scientific journals (e.g. Nature, Science).
Climate financial risk analytics:
We offer a complete suite of quantitative metrics and customized consulting services for climate risk assessment and multi-criteria portfolio optimization. We cover all asset classes and all relevant climate scenarios (e.g. IPCC, NGFS).
Climate financial risk modeling:
We support financial institutions in integrating climate physical and transition risks in their internal risk models through dedicated consulting services and tailored access to our data infrastructure.
CREDENTIALS
Ensure that you are fully compliant with regulation and aligned with investors’ requirements: build your climate reporting on transparent and science-based methodologies referenced and applied by regulators.
EUROPEAN COMMISSION
CLIMAFIN has been awarded the Innovation Launchpad Grant from the Future and Emerging Technology program of the European Commission
EUROPEAN BANKING AUTHORITY
CLIMAFIN methodology presented at the joint JRC-EBA workshop on banking regulation and sustainability.
French Parliament
CLIMAFIN interviewed by the MP Alexandre Holroyd, head of the commission on sustainable finance
EU Green Taxonomy
CLIMAFIN methodology is used by the European Commission in the financial assessment of the Green Taxonomy.
European Central Bank
CLIMAFIN methodology is used by the ECB in its analysis of Climate Change and Financial Stability
French Ministry of Finance
CLIMAFIN methodology is selected in the review of climate risk assessment tools of the French Ministry of Finance
EIOPA
CLIMAFIN methodology is used by EIOPA (European Insurance and Occupational Pension Authority) in its climate risk assessment of the sovereign bond portfolio of European insurers.
UN PRINCIPLES FOR RESPONSIBLE INVESTMENT
CLIMAFIN's approach to climate stress-testing featured on the UN Principles for Responsible Investment website
French Regulatory Agency
CLIMAFIN methodology is used by the ACPR (French Prudential Supervision and Resolution Authority) in its analysis of transition risk in the insurance sector
CLIMAFIN BUILDS ON
METHODS
PUBLISHED IN
TOP SCIENTIFIC JOURNALS
CLIMAFIN is academically vetted…
The CLIMAFIN methodology is the outcome of more than 10 years of scientific research and backed by publications in the most prestigious scientific journals (Science, PNAS, Nature Climate Change)
…and builds on major prior investments in scientific research
The scientific basis of CLIMAFIN is the outcome of a series of large-scale research projects funded in the Horizon 2020 framework programme of the EU
Team
Climate change is a complex issue, so be sure you are dealing with experts.
The founders of CLIMAFIN rank among the leaders in global climate impact research, and are pioneers in assessment of climate related financial risks.
STEFANO BATTISTON
SNF Professor of Banking at the University of Zurich
ANTOINE MANDEL
Profesor of Applied Mathematics at the Sorbonne and the Paris School of Economics
IRENE MONASTEROLO
Assistant Professor of Climate Economics and Finance at the University of Vienna
News
CERES USES CLIMAFIN MODELS FOR ANALYSIS OF TRANSITION RISKS OF US BANKS
On the basis of an analysis performed by CLIMAFIN of the value of transition risks in the portfolios of Industrial and Commercial loans of U.S. banks, CERES has just published[…]
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New CLIMEX-related project: INSPIRE
Network for Greening the Financial System (NGFS) members emphasized the need for action by policymakers to enable central banks to fulfil their mandates and to support the central banks’ and[…]
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Sustainable development and climate change Conference
Climafin team will join the Sustainable development and climate change: From global research to national implementation – stakeholder meeting will focus on global insights on climate policies and national considerations on[…]
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UN PRINCIPLES FOR RESPONSIBLE INVESTMENT
CLIMAFIN's approach to climate stress-testing featured on the UN Principles for Responsible Investment website
EU Green Taxonomy
CLIMAFIN methodology is used by the European Commission in the financial assessment of the Green Taxonomy.
European Central Bank
CLIMAFIN methodology is used by the ECB in its analysis of Climate Change and Financial Stability
French Ministry of Finance
CLIMAFIN methodology is selected in the review of climate risk assessment tools of the French Ministry of Finance
French Regulatory Agency
CLIMAFIN methodology is used by the ACPR (French Prudential Supervision and Resolution Authority) in its analysis of transition risk in the insurance sector
EIOPA
CLIMAFIN methodology is used by EIOPA (European Insurance and Occupational Pension Authority) in its climate risk assessment of the sovereign bond portfolio of European insurers.
EUROPEAN BANKING AUTHORITY
CLIMAFIN methodology presented at the joint JRC-EBA workshop on banking regulation and sustainability.
EUROPEAN COMMISSION
CLIMAFIN has been awarded the Innovation Launchpad Grant from the Future and Emerging Technology program of the European Commission
French Parliament
CLIMAFIN interviewed by the MP Alexandre Holroyd, head of the commission on sustainable finance
