
Il 18 e 19 settembre l’Università degli Studi dell’Insubria ospita nella sede di Villa Toeplitz, a Varese, la terza edizione del Workshop su Green Finance, intitolato «Green Investments and Environmental Risks: Banks, Firms and Public Policies».
L’iniziativa, organizzata nell’ambito del Progetto Prin 2022 e del Progetto Nodes - Nord Ovest Digitale e Sostenibile, finanziato dal Mur con fondi Pnrr–NextGenerationEU, riunirà accademici, esperti e professionisti per discutere le sfide e le opportunità della finanza sostenibile, dei rischi climatici e del loro impatto sul sistema produttivo e finanziario.
Il workshop prevede la presentazione di contributi scientifici su temi di grande attualità, tra cui: rischi geopolitici e creditizi, greenwashing, green bond, diversità di genere nei board, effetti delle catastrofi naturali sugli investimenti, rischi reputazionali nei fondi Esg, segnali di sostenibilità nel finanziamento alle imprese, impatto delle tecnologie climatiche e ruolo dei rating Esgsul debito aziendale.
L'evento si svolgerà in lingua inglese.
September 18 - Programme
- 10:00 - MEETING ON THE RESEARCH PROJECT AND FUTURE DEVELOPMENTS (Participants at PRIN only)
- 11:00 - Welcome address:
- Maria Cristina Pierro (The Rector of University of Insubria)
- Barbara Pozzo (Rector’s Delegate for International Relations, Scientific Coordinator of Spoke 3 Culture and Tourism Industry – Nodes, University of Insubria)
- Andrea Uselli (The Director of DiECO, University of Insubria)11:15 - 12:45
- 11.15 - Session 1: Chair: Andrea Bellucci (University of Insubria and MoFiR)
- Geopolitical Risks and Credit Risk in European Banks: Evidence and Implications
Adriano Bellinvia (University of Modena and Reggio Emilia), Paola Brighi (University of Milano), Valeria Venturelli (University of Modena and Reggio Emilia) - The Greenness of European Green Bonds in an Asset Pricing Setting
Paola Galfrascoli, Gianna Monti, Elisa Ossola (University of Milano-Bicocca) - Board Gender Diversity and ESG Greenwashing
Wenjiao Fang (University of Essex), Selena Aureli (University of Bologna), Paola Brighi (University of Milan), Stefano Filomeni (University of Essex)
- Geopolitical Risks and Credit Risk in European Banks: Evidence and Implications
- 12:45 - Light Lunch
- 14:00 - Session 2: Chair: Rossella Locatelli (University of Insubria)
- Controlling Shareholders' Real Portfolio Adjustments after Natural Disasters
Ettore Croci (Cattolica University), Marta Degl’Innocenti (University of Milan), Michela Rancan (University of Milan) - From Reputation Risk to Contagion Risk in ESG Ranked Equity Mutual Funds
Rocco Ciciretti (University of Rome Tor Vergata), Francesco Morelli (Link University), M. Nicolosi (University of Rome Tor Vergata) - Sustainable Signals in Early-stage Equity Financing
Pietro Bifulco (University of Milano-Bicocca), Gianluca Gucciardi (University of Piemonte Orientale), Francesca Di Pietro (University of Milano-Bicocca)
- Controlling Shareholders' Real Portfolio Adjustments after Natural Disasters
- 15:30 - Coffee break
- 16:00 - Session 2: Chair: Alberto Zazzaro (University of Naples Federico II, CSEF and MoFiR)
- Climate Tech 2.0: Social Efficiency Versus Private Returns
Giulio Cornelli, Jon Frost, Leonardo Gambacorta and Ouarda Merrouche (Bank of International Settlement) - Do UN Principles for Responsible Banking Spur the Green Transitions?
Damiano Bruno Silipo, Sandro Rondinella, Andrea Mosca, Ifil Yilmaz (University of Calabria) - Climate Change Risk-Related Awareness and Credit Risk in the South African Banking System
Paola Bongini (University of Milano-Bicocca), Barbara Casu (Bayes Business School), Laura Chiaramonte (University of Verona), Doriana Cucinelli (University of Parma), Ivan Russo (University of Milan-Bicocca)
- Climate Tech 2.0: Social Efficiency Versus Private Returns
- 18:00 - Guided visit to Sacro Monte
- 20:00 - Social Dinner to Ristorante Il Riccio (Varese)
September 19 - Programme
- 9:00 - Session 1: Chair: Tommaso Oliviero (University of Naples Federico II, CSEF and MoFiR)
- How Should Climate-Related Measures Enter the Measurement of Credit Risk?
Fabio Garzaniti (Intesa Sanpaolo) - Debt Financing of the Low-Carbon Transition
Serena Fatica (European Commission – JRC)
- How Should Climate-Related Measures Enter the Measurement of Credit Risk?
- 10:00 - Keynote lecture Chair: Rossella Locatelli (University of Insubria)
- Gender Diversity in Bank Boardrooms and Green Lending: Evidence from Euro Area Credit Register Data
Leonardo Gambacorta (Bank of International Settlement)
- Gender Diversity in Bank Boardrooms and Green Lending: Evidence from Euro Area Credit Register Data
- 11:00 - Coffee break
- 11:30 - Session 1: Chair: Damiano Bruno Silipo (University of Calabria)
- Environmental Hazard, Firms’ Capital Structure and Employment of Italian Firms
Emanuela Benincasa (University of Zurich), Tommaso Oliviero (University of Naples Federico II, CSEF and MoFiR), Alberto Zazzaro (University of Naples Federico II, CSEF and MoFiR)
The Impact of ESG Ratings on Firms' Debt
Andrea Bellucci, Alberto Citterio, Farooq Kambar, Rossella Locatelli, Andrea Uselli (University of Insubria)
Electric Vehicles Adoption, Charging Stations and Socio-Economic Context: Evidence from Italy
Giulia Romagnoli, Piero Esposito, Francesco Ferrante (University of Cassino and Southern Lazio)
- Environmental Hazard, Firms’ Capital Structure and Employment of Italian Firms
- 13:00 - Light Lunch
Organizing and Scientific Committee:
- Andrea Bellucci (Università dell’Insubria and MoFiR)
- Rossella Locatelli (Università dell’Insubria)
- Tommaso Oliviero (Università di Napoli Federico II, CSEF and MoFiR)
- Damiano Bruno Silipo (Università della Calabria)
- Alberto Zazzaro (Università di Napoli Federico II, CSEF and MoFiR)
- Andrea Uselli (Università dell’Insubria)
Additional Information:
Questions may be addressed to
- Andrea Bellucci: [email protected]
- Daniela Milani [email protected]
Financial support:
We acknowledge the financial support from the PRIN funds 202259EZSJ and Progetto NODES, finanziato dal MUR sui fondi M4C2 - Investimento 1.5 Avviso "Ecosistemi dell'Innovazione", nell'ambito del PNRR finanziato dall’Unione Europea – NextGenerationEU (Grant agreement Cod. n.ECS00000036)