Can Finance Save the Planet?
Climate change and its implications for investors and policy makers
6 May 2019
Frankfurt , Germany
A global youth movement has coalesced in relation to the political lethargy towards climate change. Their force can no longer be ignored by global politics. Yet, what about other actors concerned? How for example does the financial sector influence the climate? Or controversy, how will ongoing environmental changes and political responses affect our money and investments?
In this talk we would like to take the opportunity to discuss a long-term view on the topic with two pioneering experts in the field. Amongst others the following questions will be addressed:
What is the rationale for sustainable or ESG (Environmental, Social and Government Investment)?
Do these investments enhance risk-adjusted returns?
Which is a best practice approach and has ESG investing changed over time?
What are the initiatives of the European Union to promote sustainable finance? Are they going in the right direction? Which are the current political headwinds?
How has central banks’ thinking about climate change developed over time? Which are their current streams of work regarding the topic?
What are the risks to financial stability emanating from climate change and the transition to a low carbon economy?
How and to what extend does climate change have an impact on the conduct of monetary policy? Or conversely, does monetary policy affect the climate?
Finally, will the financial sector be able to go beyond the role of dealing with the risks and consequences of climate change and be part of a solution?
Global Head of ESG Investment at Allianz Global Investors
Economist and Member of the Technical Expert Group on Sustainable Finance at the European Central Bank
Secretary General of eabh (www.bankinghistory.org)
Global Economist, Head of Macro Research at Allianz Global Investors
All participants are kindly invited to join us and the experts for a free networking lunch following the discussion.
Please register in advance to avoid disappointment.
The Development of Financial Markets
20 Jun 2019
St. Petersburg, Russia
This conference adopts a longue durée approach to the historical study of the design of financial systems and their related institutions and explores some of the following questions: how should we coordinate financial systems to make them beneficial for society as a whole? Are there identifiable and transferable factors that facilitated growth and development in some economies as compared to others? What components of a financial system are important, and in which periods and under what circumstances? How have different parts of financial systems interacted throughout history? How has the past shaped the role of finance today?
The conference will touch on a variety of big questions pertaining to financial history: What are the key financial factors when it comes to building or rebuilding a nation? What is the ideal role of the state in relation to money and banking? What are the appropriate tasks of government intervention and regulation? Is it more beneficial for overall economic performance to centralise or decentralise power? What is the relationship between the architecture of national financial systems and sovereign risk? What economic, legal and political factors determine development outcomes in the long run? How should we organise financial markets to account for competing factors: domestic protection vs. deregulation; bank-based (financial intermediaries) vs. market-based (financial markets); innovation vs. regulation. And what responsibility should be ascribed to central banks or financial regulators for the success (or failure) of financial systems throughout history?
RegisterCall for papers
Financial History at Face Value
21 Jun 2019
St. Petersburg, Russia
This workshop is aimed at minting and financial institutions’ archivists, money museum curators and researchers. The extensive archives of mints are a treasure-trove of information often covering extended periods of time. Yet some of these archival treasures are only accessible to a handful of specialists or remain largely unknown to researchers and the public. This workshop aims to present these materials to a wider audience and make them more accessible to interested researchers and scholars.
Since antiquity, apart from serving as means of payment and store of value, coins also served politically and culturally important functions, representing sovereignty and fashioning identities. Private or public mints, acting in tune with economic development and financial innovation, created coinage that itself is a valuable source of social, political and cultural history.
What is the legacy of these mints’ records? What is their relevance today? Can the use of these records raise public awareness of their relevance for the history of money and finance?What is their research potential? Can they contribute to a wider view on the history of money and payment systems?
RegisterCall for papers
The Dynamics of Inclusive Finance
20 Mar 2020
Why was it that in developed Western economies, financial institutions like banks only began to reach deep into society during the 1960s and 1970s? What drove this expansion, why did it not come earlier, what alternative services did people use before, and when, how and why did formal services come to replace those alternatives? Was the expansion demand or supply driven, made possible by new technology or simply a function of rising personal incomes, fostered by governments and central banks, or the result of private entrepreneurship? What was the relationship between emerging welfare states and the rise of commercial banking?
We want to particularly unearth and examine the alternatives to commercial banking that existed before in order to understand why banks gained the upper hand. This matters at a time when confidence in and public appreciation of banks seems to be at an all time low, while at the same time the erosion of the welfare state forces people to rely more and more on services provided by them. After all, knowing the conditions under which alternatives to commercial banking flourished my help when thinking of more modern alternatives that could help diverting the risks of bank based lending. The workshop aims at a cross country comparison in order to examine the dynamics of inclusive finance on a wider level.
In order to investigate these questions, University of Utrecht together with eabh invites colleagues to Utrecht in March 2020.
Call for papers