Replay / Webinar

(EDHEC-Risk Climate) Attend Riccardo Rebonato's next webinar "Where is the Climate Risk Premium?"

June 29, 4 pm (CEST) - Riccardo Rebonato is the Scientific Director of the EDHEC-Risk Climate Impact Institute and is Professor of Finance at the EDHEC Business School.

Reading time :
8 Jun 2023
Riccardo Rebonato (webinar): "Where is the Climate Risk Premium?"

Where is the Climate Risk Premium?


Establishing whether “green” and carbon-intensive assets carry a positive or negative risk premium matters a lot for investment managers, because it determines whether these assets act as hedges, or they add to equity risk. Unfortunately, attempts to estimate the climate risk premium empirically have met with near-insurmountable difficulties and leave the practitioner puzzled.


At this webinar, Riccardo Rebonato, Scientific Director, EDHEC-Risk Climate Impact Institute and Professor of Finance, EDHEC Business School, will explain what one may learn about the climate risk premium by employing a state-of-the-art integrated modeling approach, and discuss investment implications.


This event will be held entirely in English, on June 29, 2023, from 4 pm (CEST). To register: follow this link


Topics covered will include:

  • The climate risk premium: what it is and why investors should care
  • Hedging climate risk: when is it possible and when should one hedge?
  • Are “green” assets hedges or do they add to equity risk?
  • What is the term structure of the climate risk premium: are long- or short-dated assets more strongly affected?
  • How does the climate risk premium depend on future abatement policies?
  • How ‘robust’ are these results to climate uncertainties and model limitations?
  • Is the market asleep at the wheel?




Riccardo Rebonato is Scientific Director of EDHEC-Risk Climate Impact Institute and Professor of Finance at EDHEC Business School. He heads EDHEC-Risk Climate's “Impact of Climate Change on Asset Prices” research programme. Riccardo holds doctorates in Nuclear Engineering and Condensed Matter Physics. He has held senior positions at Edinburgh University, Oxford University and Imperial College, London, as well as at some of the world’s leading international financial institutions, and served on the boards of ISDA and GARP. He has written 10 books on finance and political economics; his latest deals with using economics to tackle climate change. The Journal of Portfolio Management named him 2022’s “PMR Quant Researcher of the Year”.


Photo de Towfiqu barbhuiya sur Unsplash

Other articles you may
be interested in

26.09.2023 - EDHEC
Appointments, new teachers, new positions... what's new for the start of the 2023 academic year?
The start of the 2023 academic year is an opportunity for students to focus…
21.09.2023 - EDHEC
New academic year 2023: understanding societal and technological challenges
At the start of every academic year, EDHEC Business School organises…
13.09.2023 - EDHEC
Watch the webinar replay "Where is the Climate Risk Premium?", with Riccardo Rebonato
Last June, more than 900 professionals from 70 countries registered to the…