Financial Markets in the Transition to a Carbon Neutral Economy

Kai Lessmann (PIK), Christine Merk (IfW Kiel), Karsten Neuhoff (DIW Berlin) and Franziska Schütze (DIW Berlin) organized the second virtual PhD-Seminar on “Financial Markets in the Transition to a Carbon Neutral Economy”. Early-career researchers could submit topic-related paper drafts or full papers on numerical, theoretical or empirical modelling. This includes analyses of the financial system or specific financial actors (e.g. public banks, private banks or asset managers) at different regional or gover­nance levels (national, EU, international, global), as well as cross-cutting issues, such as non-financial reporting or risk analysis (e.g. stranded assets) and risk management.

All PhD-students and early-career Postdocs working in projects in the funding measure Economics of Climate Change could apply. The Seminar offered the opportunity to present research results and ongoing work in an informal setting and to receive detailed feedback from Karsten Neuhoff (DIW Berlin), Gunnar Gutsche (University of Kassel), Martin Kesternich (ZEW Mannheim), Kai Lessmann (PIK) und Oliver Schenker (Frankfurt School) as well as the other participants. It was an informal setting which was created to present and discuss existing research and work in progress. Also, the political and societal relevance of the research and how to communicate them to stakeholders played an important role at the Seminar.