1.   European Investment Bank | (Senior) Economist | Deadline to apply is August 18, 2022
Part of the Macroeconomic Scenarios unit, you will i.a. elaborate macroeconomic scenarios for stress tests, by using macro structural/semi-structural models. PhD or equivalent required. More information here.

1. ZOE Institute | Workshop: Squaring the circle? | October 11, 2022, Berlin
Joining forces to liberate social and political stability from the need for continuous economic growth. Be part of the development of a network for growth independence that connects experts and thus advances, scales, and mainstreams research. All information here.

Jens van ‘t Klooster, in “The European Central Bank’s strategy, environmental policy and the new inflation:A case for interest rate differentiation,” sketches an alternative scenario to the likely effects of the interest rate hike envisioned by the ECB. To prevent the hike from harming needed inv…Read more

(This is an excerpt from the E-axes Newsletter on July 20)

Adrian et al. in their paper “The Great Carbon Arbitrage“, provide a quantitative estimate of the social surplus that can be attained from avoiding emissions and in particular from phasing out coal. In their estimates they assume a social cost of…Read more

1.   IUSS PAVIA (Network of Northern Italian Universities) | PhD in Sustainable Development and Climate Change | Deadline to apply is August 5, 2022
More than 150 fully funded positions wait for PhDs to “direct research towards new sustainable development models, in order to minimize the impact of humankind o…Read more

1.   UNEP Finance Initiative (UNEP FI) | Global Policy Analyst | Deadline to apply is July 26, 2022
7 years of experience in sustainable finance required. The taskholder should, “[i]n collaboration with key stakeholders, develop a landscape analysis of global policy progress on sustainable finance across b…Read more

1. London School of Economics | LSE Environment Week | September 20-23, 2022
CALL FOR PAPERS: Deadline July 18, 2022 (!). “The Economics of Environment and Energy Programme (EEE), International Growth Centre (IGC) and Programme on Innovation and Diffusion (POID) … want to use Environment Week to encourage economists from all fields of…Read more

1.  Tuscan universities (Florence, Pisa and Siena) | 10 PhD positions available with scholarship | Deadline 10 August 2022
The positions run from 2022-2024 and are part of the PhD programme in Economics from the Universities of Tuscany. They include: 5 free topic scholarships, 3 scholarships on Public A…Read more

The ECB’s banking supervisors published their “stress test”, an assessment of 104 significant banks in the Euro Area across three modules. Banks had to provide information “on their: (i) own climate stress-testing capabilities, (ii) reliance on…Read more

Karim Karaki and Alfonso Medinilla, in “Tackling sovereign debt for effective climate action: towards a european agenda,” lay out eight recommendations to restructure debt in developing countries while ramping up fiscal space to tackle climate change. While…Read more

1.  UCL – The Bartlett School of Environment, Energy and Resources | Research Fellow | Deadline 9 July 2022
“The Research Fellow will contribute to the LINKS project (ERC Starting Grant), which aims to explore the role of the financial system to foster the low-carbon transition using quantitative techniques, in…Read more

1. CERES | Alphabet Soup: A Comparison of ISSB’s Climate Exposure Draft and the SEC Proposed Rule | June 23 2022, 1:00pm EST, online
Join Ceres and US SIF as we talk through the alphabet soup of key players involved with the ISSB’s proposed rule and its larger implications. Follow the discussion with representatives from the ISSB and other k…Read more

1. E-axes Forum | “The macroeconomic effects of temperature surprise shocks”  | June 20 2022, 12:00pm EST, 6:00pm CET, online
Filippo Natoli, Senior economist in the Advanced Economies and International Finance Division of the Bank of Italy, will present his findings from studying time series of temperature shocks in the United States. Register her…Read more

1.  Positive Money EU | Policy team lead | Deadline 4 July 2022
“Positive Money Europe is looking for an enthusiastic and experienced public affairs professional to spearhead our advocacy work on sustainable finance, economic justice, central bank accountability & Eurozone reform.” More information…Read more

David M. Arsenau et al., in “Central Bank Communication about Climate Change,” apply natural language processing (NLP) to identify central bank speeches related to climate change. They find an increase in mentions of climate change across a range of topics and…Read more

Dear Adrian, thanks a lot for the summary. The estimated effect on the natural interest rate (NIR) is large due to the warming speed in the counterfactual analysis: 1 °C during a 25-year period, this is only consistent with business as usual scenario. This exercise is useful to learn about the potential effect of climate change (physical risks)…Read more

Jair is open for comments 🙂 @jnojeda2010

1.  Copenhagen University | Postdoc position at the Center for Applied Ecological Thinking | Deadline 27 May 2022
“The postdoc is expected to develop and conduct an individual research project with an emphasis on concepts, frameworks and/or empirical cases that help to address ecological crises and tr…Read more

Read more

Robert Pindyck, in “Population, Productivity, and Sustainable Consumption” extends the CM…Read more

Do ethical considerations restrict the rate at which society consumes?
This is an excerpt from Tuesday’s E-axes Newsletter.

John Campbell and Ian Martin, in “Sustainability in a Risky World,”  study a continuous-time model with two forms of capital, one safe and one risky, so that society faces an asset allocation problem as well as a…Read more

1. Center of Research in Economics of Grenoble (CREG) University Grenoble Alpes | “THE CHALLENGES FACING FINANCIAL MARKETS UNDER THE UNCERTAINTIES OF THE 21ST CENTURY“ | July 11-13, 2022, Saint Martin–d’Hères Campus
CALL FOR PAPERS (Deadline June 9): “This conference … aims to question these different issues with a special focus on financial stab…Read more

The impact of climate change on social and economic systems is deeply uncertain. There are knowledge gaps over the precise effect greenhouse gas emissions have on the climate system, i.e., scientific uncertainty. Scenarios about the evolution of carbon emissions and society’s r…Read more

Lena Boneva and Gianluigi Ferrucci (ECB), in their contribution “Inflation and climate change: the role of climate variables in inflation forecasting and…Read more

1.  IÉSEG School of Management Paris/Lille | Professor of Practice (Lecturer) in SUSTAINABLE/ GREEN/ CLIMATE FINANCE | Deadline until filled
“Applicants should show evidence of strong teaching skills and relevant professional experience in the field of sustainable finance, green finance or climate finance.” More in…Read more

1. DIW | Workshop FoReSee „Stranded assets in the fossil resource sector“ | May 9-10, 2022, Berlin and online
The final workshop of the project FoReSee will discuss latest research and findings on the effects of climate change and climate policy on asset stranding in the fossil resource sector. Researchers from Berlin and abroad will pre…Read more

1. UNECOSOC‘s #Fin4Dev Forum | Side Event: Tackling Debt Amidst Multiple Crises: Challenges and Proposals for Debt Architecture Reform | April 25, 2022, 8AM ET
“Debt relief initiatives have so far been ineffective at supporting countries to achieve sustainable debt levels, while climate finance commitments continue to fall short.” How can debt…Read more

1. Federal Reserve System | Manager, Financial Stability Climate Committee | Deadline until filled
The FSCC is a Federal Reserve System-wide committee charged with…Read more

As a postscriptum on the topic of external rating providers: as the landscape of such providers and their tools grows, some guidance may be helpful. The UNEP Finance Initiative has recently published The Climate Risk Landscape, mapping climate-related financial risk assessment methodologies. In a new supplement 15 up-to-date case studies make the…Read more

Rishikesh Ram Bhandary, in “National climate funds: a new dataset on national financing vehicles for climate change,” analyses developing countries’ approaches to national climate spending. He offers a classification of 39 national climate funds (NCFs) and tracks their financing sources. He finds…Read more

Paola D’Orazio and Lilit Popoyan, in “Realising Central Banks’ Climate Ambitions Through Financial Stability Mandates,” retrace the recent evolution of financial stability governance in a political economy analysis. They find that central banks pre…Read more

1. OeNB and SUERF | 49th Economics Conference: The Return of Inflation | May 23-24, 2022, Vienna AT and online
May 24 will see a session on Climate change, climate protection and inflation. Full program here. More info.

2. RFF-CMCC-NAVIGATE | Webinar: Internalising health-economic impacts of air pollution into climate policy: a global modelling…Read more

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<h1 class=”ecl-page-header-standardised__title”>4th JRC Summer School on Sustainable Finance</h1>
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The Joint Research Centre (JRC) of the European Commission is pleased to…Read more

22. University of Geneva and the Graduate Institute Geneva | Rare Voices in Economics Conference | September 12-13, 2022, Geneva (CH)
CALL FOR PAPERS (deadline 29 May 2022, link here): “We particularly encourage submissions from groups under-represented in the academic community, but we welcome everyone to apply. Applicants will receive a n…Read more

1. Grantham Research Institute, LSE | Senior Policy Fellow (Net-Zero Central Banking) | Deadline 24th April 2022
“GRI seeks to appoint an experienced senior policy fellow to contribute to a policy and engagement programme on central banking, financial supervision, sovereign bonds and net-zero alignment climate…Read more

The NGFS and INSPIRE, in the final report of their joint study group on biodiversity-related risks, “Central banking and supervision in the biosphere,” collect the recent evidence on the financial risks from Nature and biodiversity loss. The report makes five key…Read more

1. King’s College London – King’s Business School | Postdoctoral Research Fellow | Deadline 5th April 2022
“QCGBF is a research centre within KBS, dedicated to the study of central banks and the globally interconnected challenges they face. In particular, the centre’s research agenda emphasizes the following the…Read more

Marco Belloni et al., in a new ECB working paper “Euro Area banks sensitivity to changes in carbon price,” use a banking sector contagion model to estimate the effects of different forms of carbon tax implementation. They find that early policy introduction and high firm preparedness can lower…Read more

1. Banque de France & Louis Bachelier Institute | Joint Post-doctoral fellowship | Deadline 1 April, 2022
“Topic: Integrated climate-economy scenarios and their use for financial risk management. The aim of this fellowship is to develop new models / scenarios for climate financial risk evaluation and / or new f…Read more

18. GRASFI | 5th Annual Conference | 5-7 September 2022, Zurich (CH)
CALL FOR PAPERS (deadline 4 April 2022, link here): “GRASFI is seeking to include 30-40 high-quality papers on sustainable finance and investment in the conference programme. The conference is open to academically rigorous and robust submissions in all areas of sustainable fin…Read more

1. BIS Innovation Summit 2022 | Events on Green Finance | March 22, 2022
Join two events with a climate focus during the BIS Innovation Summit.
(a) “In Conversation: What keeps you awake at night? Emerging challenges for central bank governors in a digital world“, 13:00 – 13:45 CET
(b) “Panel 2: Green finance, greenwashing, and green t…Read more

Stéphane Hallegatte et al., in a new World Bank working paper “Macroeconomic Consequences of Natural Disasters: A Modeling Proposal and Application to Floods and Earthquakes in Turkey,” extend a macroeconomic model to show the unequal impact of disasters on infrastructure, public and private…Read more

Gregor Vulturius et al., in “Sustainability-linked bonds – their potential to promote issuers’ transition to net-zero emissions and future research directions,” analyze the challenges related to sustainability-linked bonds (SLBs), whose payoffs are determined by the…Read more

CEPS’ Moritz Kraemer offers two reasons why the new government bond may be less green than hoped for by observers: Firstly, it is not forward-looking, i.e. financing green projects that are yet to be designed. Instead, it is allocated to past endeavours, making it less likely that the bond incentivizes…Read more

Well, mandatory disclosure rules, of course! But in the absence of such rules, banks are more likely to volontarily disclose their carbon exposure, if they are situated in developed nations with green preferences. However, as this fresh paper by Jérôme Caby et al. from Sorbonne Business School s…Read more