Second Annual Volatility and Risk Institute Conference 2021 | NYU Stern | 30 April 2021 | Zoom Online

Second Annual Volatility and Risk Institute Conference, "A Financial Risk Framework For Climate Change: Portfolio Construction, Stress Testing, and Risk Transfer,"

The conference is free and open to the public, but please note that you must register in advance.

Conference Theme
Climate risks are forcing repricing of financial assets. This conference will seek to address and possibly answer several questions that arise from those changes:
• What are the implications for portfolio construction and investment management?
• What risks can be detected by climate stress tests of financial institutions?
• What is the role for disclosure regulation?
• Can we launch financial instruments and markets in which to trade them to facilitate price discovery and risk transfer?
• Are these changes in asset prices sufficient to internalize the externalities of GHG emissions and lead us to net zero emissions? If not, what policy actions are needed or possible?

2021 Speakers

Robert Engle
Co-Directors, Volatility and Risk Institute, NYU Stern

Richard Berner
Co-Directors, Volatility and Risk Institute, NYU Stern

Johannes Stroebel
David S. Loeb Professor of Finance, NYU Stern – “Climate Finance”

Robert Engle
Co-Director, Volatility and Risk Institute, NYU Stern

Marcin Kacperczyk
Professor of Finance, Imperial College London

Allison Herren Lee
Acting Chair, SEC

Monica Billio
Professor of Econometrics, Università Ca' Foscari Venezia

Annette Nazareth
Senior Counsel, Davis Polk & Wardwell

Ilya Khaykin
Partner, Financial Services, Oliver Wyman

Jon Hale
Global Head of Sustainability Research, Morningstar

Hyeyoon Jung, PhD
Candidate, NYU Stern – Climate Stress Testing

Alex Brazier
Executive Director for Financial Stability Strategy and Risk, Bank of England

Fabio Natalucci
Deputy Director of the Monetary and Capital Markets Department, International Monetary Fund

Kevin Stiroh
Senior Advisor, Federal Reserve Board

Rostin Behnam
Acting Chair, CFTC

Nancy Wallace
Professor and Chair of the Real Estate Group, UC Berkeley

Jerome Haegeli
Group Chief Economist, Swiss Re

Mike Kreidler
Insurance Commissioner, State of Washington

Robert Litterman
Chairman of the Risk Committee and Founding Partner, Kepos Capital

William Nordhaus
Sterling Professor of Economics, Professor of Forestry and Environmental Studies, Yale University

Richard Newell
President and CEO, Resources for the Future

MODERATORS:

Tensie Whelan
Director, Center for Sustainable Business, NYU Stern

Richard Berner
Co-Director, Volatility and Risk Institute, NYU Stern

Marti Subramanyam
Charles E. Merrill Professor of Finance, Economics and International Business, NYU Stern

Robert Engle
Co-Director, Volatility and Risk Institute, NYU Stern