Irene Monasterolo, CLIMAFIN Senior partner and cofounder, has authored a new commentary article on OMFIF (Official Monetary and Financial Institutions Forum), a leading platform for financial policy and institutional research. In “Assessing immediate and material...
CLIMAFIN is glad to announce that the Network for Greening the Financial System (NGFS) has released its first short-term climate scenarios on 7 May 2025. CLIMAFIN has led the modeling consortium in charge of developing these scenarios. The NGFS short-term climate...
Gourdel, R., Monasterolo, I., Gallagher, K. (2025). Climate transition spillovers and sovereign risk: evidence from Indonesia. Energy Economics, 108211.
Monasterolo, I., Pagano, M., Pacelli, A., Russo, C. (2025). A European climate bond. Economic Policy, eiae065, https://doi.org/10.1093/epolic/eiae065.
Monasterolo, I., Mandel, A., Battiston, S. et al. (2024). The role of green finance sector initiatives in the low-carbon transition: a theory of change. Global Environmental Change 89, 102915.
Gourdel, R., Monasterolo, I, Dunz, N., Mazzocchetti, A. and Parisi, L. (2024). The double materiality of climate physical and transition risks in the euro-area. Journal of Financial Stability, 71, 101233.
Dunz, N., Mazzocchetti, A., Monasterolo, I., Essenfelder, A., Raberto, M. (2023). Compounding COVID-19 and climate risks: the interplay of banks’ lending and government’s policy in the shock recovery. Journal of Banking and Finance, 106303.
Monasterolo, I., Dunz, ea. (2021). Financial risk assessment and management in times of compounding climate and pandemics shocks. Brookings Institute, Future Development series (https://brook.gs/3IjmqWX)
Monasterolo, I. (2020). Embedding finance in the macroeconomics of climate change: research challenges and opportunities ahead. CESIfo Forum, 4/2020, p.25-33
Monasterolo, I., Raberto, M (2018). The EIRIN flow-of-funds behavioral model of green fiscal policies and green sovereign bonds. Ecological Economics, 144, 228-243.