The macroeconomic and financial dimensions of the green transition

A joint event with the Bank of Italy and the Euro Area Business Cycle Network

Join this discussion on the green transition's economic and financial dimensions, from sustainable finance to the macroeconomic impacts of climate change.

The Pierre Werner Chair of the European University Institute, in collaboration with the Bank of Italy and the Euro Area Business Cycle Network (EABCN) will host a joint conference dedicated to the exploration of the green transition from a macroeconomic and financial perspective.

The conference will delve into various themes pertinent to the green transition, emphasising its implications on various economic and financial facets. Key topics to be discussed include:

Macroeconomic implications of the green transition: exploring how the shift towards sustainable practices impacts economic growth, employment, and overall economic stability;
Consequences of transition and climate change for monetary policy: analysing how central banks and monetary authorities need to adapt their policies in response to climate change and the ongoing green transition;
Energy transition, energy security, and the role of critical minerals: examining the shift from fossil fuels to renewable energy sources, the challenges of ensuring energy security, and the importance of critical minerals in the energy transition process;
Green transition and competitive advantages: investigating how the green transition can create competitive advantages for businesses and economies that effectively adopt sustainable practices;
Cross-border spillovers of climate mitigation policies and the international dimension of the green transition: assessing the international implications of national climate policies and how they affect global economic and financial systems;
Sustainable finance: discussing the role of financial markets and institutions in supporting the green transition through sustainable investment and financing strategies;
Asset pricing implications of climate and transition risks: evaluating how climate risks and the transition to a green economy affect asset prices and investment portfolios;
Nature-related macro-financial impacts: understanding the broader macro-financial impacts related to biodiversity loss and ecosystem degradation.
This conference aims to provide a platform for policymakers, academics, and practitioners to share research findings, exchange ideas, and discuss policy implications related to the green transition. By addressing these critical topics, the event seeks to contribute to a deeper understanding of how the shift toward a sustainable future can be managed and optimized from both macroeconomic and financial perspectives.