TOWARDS A ROBUST AND SUSTAINABLE FUTURE:
PRICING CLIMATE RISK AND FINANCING CLIMATE RESILIENT SOLUTIONS
Description
In recent years, the urgency of tackling climate change has spurred remarkable progress in the development of low- carbon and climate-resilient technologies. Innovations such as direct air capture, advanced battery storage, and cutting-edge renewable energy systems have shown significant potential to reduce greenhouse gas emissions. However, bringing these technologies to market and deploying them at scale requires substantial capital. Traditional funding channels alone are often insufficient to address the vast financial needs associated with mitigating climate change.
Background
Financial instruments and capital markets, therefore, play a crucial role in bridging this investment gap. Green bonds, sustainability-linked loans, and climate-focused funds have surged in popularity, helping investors align their portfolios with environmental objectives. At the same time, emerging platforms such as carbon markets and voluntary offset mechanisms offer new ways to place an economi…
Date: 2024-01-27
Time (ET): 5:00 PM EST, Jan 27, 2024
Time (Local): 10:00 PM UTC, Jan 27, 2024
Agenda:
- GUIDED + GENERAL DISCUSSION 7:30 PM
- GENERAL Q&A 5:45 PM
- INTERACTIVE Q&A 6:30 PM
Location: online
Relevant Topics
Speakers
Graciela Chichilnisky
Professor of Economics and Mathematical Statistics, Columbia University
Elana Lipchak
Director, ABS Strategy, Bank of America
Shivaram Rajgopal
Chair of Accounting, Vice Dean of Research, Columbia Business School
Laurie Schoeman
Director of Climate and Sustainability, Former Senior Advisor to the White House on Climate Resilience, Enterprise Community Investment, Executive Office of the President
Guided Questions
Graciela Chichilnisky
How do we ensure that climate-reversal technologies are both broadly understood and proven at scale, and which financial instruments or mechanisms do you believe are most critical to effectively finance and deploy these solutions worldwide?
Elana Lipchak
How are mortgage-backed securities (MBS) and commercial mortgage-backed securities (CMBS) evolving in response to climate risk, and what new valuation or pricing methods are emerging to accurately reflect these environmental vulnerabilities?
Shivaram Rajgopal
In what ways have climate-related regulations and mandated commitments reshaped corporate behavior, and which public policy measures would most effectively channel investments toward sustainable and climate- resilient practices?
Laurie Schoeman
How can policymakers, community leaders, and the private sector work together to leverage financing and federal funding opportunities that not only enhance affordable housing but also ensure these communities are truly resilient to the intensifying impacts of climate change?