Join us for our upcoming events and read news about the research of the Center of Competence for Sustainable Finance.
CCSF Newsletter: Sustainability in Finance as a Guiding Light for a Successful Recovery
The Center of Competence for Sustainable Finance (CCSF) reaches its 1-year milestone. Have a look at recent research, seminar recordings, and upcoming opportunities in the CCSF Newsletter.
CCSF Newsletter: The Biggest University Center for Sustainable Finance has been Launched
The Center of Competence for Sustainable Finance (CCSF) at the University of Zurich saw daylight in January 2020 and starts its first semester full steam ahead. Have a look at upcoming teaching and timely research in the first edition of the CCSF Newsletter.
Sustainability is Price Stability — Covid-19 Crisis Pushes the ECB to Re-evaluate Inflation Policy
The primary objective of the European Central Bank (ECB) is maintaining price stability. This means ensuring inflation stays below, but close to 2 percent. The ECB has struggled to reach the target for years and now the economic crisis created by Covid-19 has sounded the alarms of deflation. These developments have brought the secondary objectives of the ECB to the forefront; the objective of supporting the economic policies of the European Union, including employment, sustainable growth, and environmental protection. How to do this, is a question a recent report co-authored by Professor Kern Alexander seeks to answer.
Read more on CCSF's Medium post (11.6.2020)
Fuelling fossil fuel: Bond to bank substitution in the transition to a low-carbon economy
Fossil fuel investments over the past few years are at the centre of political debates about climate change policy. The article published on PRI's Blog explores the role market- and bank-based debt play in the climate transition process. It presents evidence that fossil fuel firms increasingly substitute bonds for syndicated bank loans, when banks price the risk of stranded assets less than the bond market.
Read the article published on PRI's Blog (24.4.2020)
UZH Sustainable Finance Conference 2020: Climate Change & Financial Risk
Climate-related financial risks pose new fundamental challenges for academics and practitioners in finance, such as endogeneity of risk, heavy-tailed distributions, and decisions under uncertainty - not to mention the economy as a whole. The 2020 FINEXUS conference presented state-of-the-art research, discussed current challenges and the successful applications of policy and practice. To learn more about the event, have a look here