Chaire Economie du Climat

Friday Lunch Meeting Research, Kenneth Houngbedji, June 16th 2023
2023-06-16 12:30 - 14:30 (Europe/Paris)
Speaker
Kenneth Houngbedji is a Researcher (IRD, LEDa-DIAL)
Title
Rainy days and learning outcomes: evidence from Sub-Saharan Africa
with Yasmine Bekkouche (ULB)and Oswald Koussihouèdé (UNESCO IIEP)
Abstract
We combined information on daily rainfall at school locations and standardized test scores to study how learning outcomes at primary schools are affected by precipitation during school days in Sub-Saharan Africa. Our results suggest that student test scores are lower in schools that are exposed to more rainy days during the academic year. Students in locations that had more rainy school days are also more likely to experience grade repetition. We assess and find evidence for two mechanisms for these findings: teacher absenteeism due to rainy school days and lower coverage of school curricula.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Debate, Vincent Viguié, September 15th 2023
2023-09-15 12:30 - 14:30
Speaker
Vincent Viguié is a researcher at CIRED, Ecole des Ponts ParisTech
Titre
Simulating the impact of urban climate policies over a large number of cities

Résumé
City-level policies are increasingly recognized as key components of strategies to reduce transport greenhouse gas emissions. However, at a global scale, their total efficiencies, costs and practical feasibility remain unclear. I will present a few papers in which we show that, thanks to the recent increase in local data availability, urban economic and transport models can help analyze and simulate the potential, the welfare impacts and the inequalities created by transport policies in cities in different countries. Our results highlight that there is no one-size-fits-all policy, but that, with city-specific strategies, it seems generally possible to sharply reduce emissions, over 15 to 20 years, while increasing the average welfare of the inhabitants. However, inequality creation by the policies appears as one of the main challenge, as it raises ethical issues and threatens the political acceptability of the policies. How to overcome this challenge still appears as a research gap.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

CEC Annual Conference October 11th & 12th, 2023
2023-10-11 09:30 - 2023-10-12 13:00
Program
SEE ATTACHED PDF PRESENTATIONS:
SESSION 2
SESSION 3
SESSION 4
SESSION 5
Dauphine-PSL University, Room A709 Access
SCOPE
Climate and weather events (heatwaves, droughts, storms), geopolitical events (economic and armed conflicts), as well as economics shocks (financial breakdown) depict a global context in which crisis overlap and accumulate, which have strong socio-economic impacts and can make climate action more difficult to implement. Meanwhile, achieving carbon neutrality of our society is an unquestionable objective to mitigate climate change and to avoid further worsening of those crisis.
TOPICS

Decarbonizing the economy: key issues
Climate Policies
Net Zero Strategies at national level: energy efficiency
Carbon pricing and carbon neutrality: do they match?
International Trade and Coalitions

INVITED SPEAKERS

Larry Goulder, (Stanford University)
Suzi Kerr (Environmental Defense Fund)
Olivier Deschenes (California University, Santa Barbara)
Massimo Tavoni (CMCC)
Maureen L. Cropper (Maryland University)
Patrick Criqui (Grenoble Alpes University)
Katheline Schubert (PSE)
Jonathan Wiener (Duke University)

PUBLICATION OPPORTUNITIES
A selection of high-quality papers presented at the CEC Annual Conference will be published in a Special Issue of Resource and Energy Economics (REE) under the Guest-Editorship of Anna Creti and Philippe Delacote.

Cancellation - Friday Lunch Meeting Debate, Jörg Peters, November 17th, 2023
2023-11-17 12:30 - 14:00
It is with regret that we announce the cancellation of Mr. Peters’ FLM who, for reasons beyond his control, is unable to take part in this seminar, which will be postpone to a later date.
Speaker
Jörg Peters co-heads the research department “Climate Change and Development” at RWI– Leibniz Institute for Economic Research, Germany
Title
Do not tax carbon in Sub-Saharan Africa
Abstract
Ongoing global warming is due to historic emissions by Western countries and, more recently, high economic growth rates in Asia and Latin America have contributed significantly to the carbon stock as well. Sub-Saharan Africa (SSA) for long has been in the spotlight only for climate change adaptation but is increasingly entering the debate as a potential future emitter. Accordingly, there has been a push to tax carbon in SSA. Indeed, carbon taxation is often praised as the go-to instrument for efficient climate policy. In this comment, we argue that it is wrong to tax carbon in SSA. It is likely to be ineffective, and it almost certainly hurts the poor. As an alternative, climate policy should focus on adaptation in least developed countries and for more advanced ones on preventing carbon-lock in effects by disruptive green investments.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

10th International Conference on Mobility Challenges, December 6th & 7th, 2023
2023-12-06 09:00 - 2023-12-07 13:00 | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
The 10th edition of the annual International Conference on Mobility Challenges brings together people from academia and industry to propel us to the frontier of important challenges at the interface of automotive, energy and mobility industries. We welcome speakers from multiple backgrounds (technical as well as more in the business domain) and this mix has been proven fertile soil for insights and contacts, as well as new questions and ambitions. The first day consists of a series of keynotes and roundtables, whereas the second day is research oriented with paper presentations.
Please check out this year’s PROGRAM
We are looking forward to welcoming you on December, 6 and 7 2023
Conference location : Paris Dauphine-PSL University
Pl. du Maréchal de Lattre de Tassigny, 75016 Paris, Métro Porte Dauphine.
ROOM A709 Acess
Please REGISTER for the conference

[🇫🇷] Friday Lunch Meeting Debate, Léa Falco, December 15th 2023
2023-12-15 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker
Léa Falco is a Project manager for training public officials in environmental issues” at the Ecole Nationale des Ponts et Chaussées (ENPC). In December, she is starting a COFRA thesis between the ENPC, CIRED and CGDD in political science, entitled “From training public officials to transforming public action: the case of ecological transition”.
Title
Pour faire écologie ensemble, quel avenir pour le militantisme environnemental et l’écologie politique ? To go green together, what future for environmental activism and political ecology?
Abstract
We are currently in a “strange transition”, announced but not yet begun, which locks us into a painful in-between period of history. In this period of uncertainty, how can we build ecological transformation? And what’s the point of committing oneself when one feels that one’s effort are insufficient? To do this, we need a theory of change through which action can be taken, building up individual commitments to achieve collective change.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Global Energy Transition and Development: Africa at Crossroads, January 17, 2024
2024-01-17 08:30 - 17:00 | Ecole des Mines, 67 boulevard Saint Michel, Paris, Sélectionner un État :, 75005, France
Co-organized by Energy and Prosperity Chair, Climate Economics Chair and Industrial Economics of Emerging Africa Chair.
Venue: Paris, Mines Paris PSL, 67 Boulevard Saint-Michel, 75005 (Salle Vendôme) on January, 17th 2024
The event will tackle the crucial intersection between global energy transition and development,specifically focusing on exploring effective policy instruments. Our keynote speaker, RabahArezki (CNRS, Cerdi, Harvard Kennedy Schoolof Government), will kick off the journey with an engaging talk, followed by researchers and industry experts, as they share insights into the diverse issues surrounding sustainable energy transition and development in Africa. Additionally, the workshop will showcase ongoing doctoral research. To conclude, a policy session introduced by Mr. Antoine Felix Abdoulaye DIOME, the Minister of Energy of th eRepublic of Senegal (to be confirmed) and Mr. Youba Sokona (Former IPCC Vice Chair), will provide first hand insights from the field and policy actors, enriching future research perspectives.
PROGRAM
REGISTRATION

FLM Research, Stéphanie Monjon, January 19th, 2024
2024-01-19 12:30 - 14:00
Presentation in French
Speaker: Stéphanie Monjon is a Lecturer in the Economics Department at the University Paris Dauphine. She is also associate researcher at the Climate Economics Chair.
Title: Feedback and cooperation: An Experiment on sorting behaviour (Noémi Berlin, Mamadou Gueye, Stéphanie Monjon)
Abstract: In this paper, we use a laboratory experiment to analyze the effect of information provision (feedback) on individual sorting behavior. To be effective, sorting must be a mixture of quantity and quality. However, increasing quantity may reduce quality due to the increasing risk of contamination. We consider a two-stage coordination game in which individuals first choose whether or not to participate in the sorting activity, and then complete a collective sorting task. The performance, a mixture of quantity and quality, of their sorting is measured. In this situation, information about the partner’s past performance and information about one’s own past performance are used as feedback treatments. Using a between-subjects experimental design, we find that providing feedback about own performance to an individual who decides to engage in a sorting activity is more efficient than not providing information and than providing information about the partner’s performance. Although the experiment is uncontextualised, the results have direct consequences on any situations implying an individual decisions in a collective task (e.g. waste sorting behavior).

Practical informations: Our Friday Lunch Meeting will take place from
12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Workshop on Mortality and Morbidity Risk Valuation – advances and remaining challenges, January 25th and 26th 2024
2024-01-25 08:30 - 2024-01-26 17:00 | Université Paris-Dauphine, Place du Maréchal de Lattre de Tassigny, Paris, 75016
January 25th and 26th, 2024
Université Paris Dauphine-PSL
Room Raymond Aron & Room A709
Access map
In recent years, health has become a focal point. Increasing threats to human health force decision makers to focus on policies that mitigate morbidity and mortality risk efficiently and equitably. This workshop brings together experts from top universities to present their latest research and share insights addressing the complexity of risk reduction evaluation. The workshop will cover a range of topics, including but not limited to stated preferences techniques, health state valuation, and behavioural considerations.
PROGRAM
REGISTRATION

Special FLM Debate, Jean-Michel Valantin, January 26th, 2024
2024-01-26 12:30 - 14:00
Présentation in english
Speaker: Jean-Michel Valantin is a Ph.D. in strategic studies and defense sociology, specialist in American strategy, Lead Senior Analyst at The Red Team Analysis Society.
Title : Climate change and geopolitics : Towards climate and ressources wars ?
Abstrat: Since at least ten years, climate change combines with regional political crisis and military conflicts all around the World, especially on Africa and the Middle East. However, the scale of the climate&security nexus changes and becomes global with the Ukraine War. So, what is goinf to happen if climate change worsens while the US and China finally Go to War ?

Practical informations : Our Friday Lunch Meeting will take place from
12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research, Daniel Herrera, February 16th, 2024
2024-02-16 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in english
Speaker: Daniel Herrera is an Assistant Professor at Paris Dauphine-PSL and a CEC associate researcher.
Title: Empirical bounds on the value of improved health
Abstrat: Policies that improve health and longevity are often valued by combining expected gains in quality-adjusted life years (QALYs) with a constant willingness-to-pay (WTP) per QALY. This constant is derived by dividing estimated value per statistical life (VSL) by expected future QALYs. We explore the validity of this practice by deriving the empirical counterparts of theoretical upper and lower bounds on the WTP for a marginal improvement in the quality of life, as measured by gains in health status or longevity. We obtain data by surveying a representative sample of French adults over the internet. Testing whether upper and lower bounds on the WTP for improved health and longevity are the same permits a novel empirical test for the descriptive validity of the QALY model, as well as validate (or not) a standard and widespread policy practice.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research, James Bushnell, March 15th, 2024
2024-03-15 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: James Bushnell, Professor, Dept. of Economics, University of California, Davis and Research Associate, NBER (National Bureau of Economic Research)
Title: Energy Policy Modeling Under Uncertainty: The Case of the U.S. Inflation Reduction Act
Abstract: In recent years the analysis of US climate policy on the electricity sector has predominantly deployed electricity planning models that use deterministic or equilibrium optimization methods. While uncertainty in key input assumptions is considered, it is usually restricted to scenario analysis. In this study we combine time-series econometric forecasting methods with an equilibrium electricity system-expansion model. The goal is to produce statistically rigorous distributions of outcomes, rather than rely upon individually selected scenarios. We apply these techniques to the case of the US Inflation Reduction Act (IRA) in the context of the western US grid. The most significant power sector financial incentive is a production tax credit applied to eligible zero-carbon and storage resources. Preliminary results indicate that the impacts of the IRA depend heavily on the realization of several key exogenous variables. The result is a heavily skewed distribution of outcomes such as induced emissions reductions and the implied marginal costs of abatement.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] Special FLM Debate, DG Trésor, March 29th, 2024
2024-03-15 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Paul-Hervé Tamokoué Kamga & François Chabrol

Title: Le rapport intermédiaire de la DG Trésor sur les « Enjeux économiques de la transition vers la neutralité carbone »
Abstract: Inspiré par la Net Zero Review conduite par le Trésor britannique, le rapport de la DG Trésor « Les enjeux économiques de la transition vers la neutralité carbone » analyse les grands enjeux économiques de la transition bas-carbone en France. Le rapport intermédiaire, publié en décembre 2023 avant la publication du rapport final fin 2024, est composé de quatre chapitres que nous proposons de présenter lors du FLM. Le premier chapitre fait un état des lieux des connaissances disponibles sur les coûts économiques du changement climatique. Le deuxième chapitre passe en revue les instruments de politiques publiques mobilisables pour réduire nos émissions en comparant leurs mérites et propose une grille d’analyse innovante des politiques climatiques. Le troisième chapitre présente des premiers éléments sur les conséquences de la transition bas-carbone sur les recettes de fiscalité énergétique et son impact plus général sur les finances publiques. Enfin, le dernier chapitre propose une analyse sectorielle de la rénovation énergétique des logements, en s’appuyant sur des données et des résultats empiriques récents ainsi que des exemples internationaux.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] FLM Debate, Christian de Perthuis, May 17th 2024
2024-05-17 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in french
Speaker: Christian de Perthuis, Fondateur de la Chaire Economie du Climat
Title: Carbone fossile carbone vivant : vers une nouvelle économie du climat
Abstract: L’heptagone de l’économie du climat. L’heptagone désigne les polygones à 7 sommets. C’est la raison pour laquelle il permet de figurer les 7 idées forces du livre « Carbone fossile, carbone vivant ». Le réchauffement climatique et la perte de biodiversité nous imposent de changer de paradigme. L’abondance des biens est à l’origine de risques systémiques : trop de charbon, trop de pétrole, trop de gaz conduisent à une accumulation de CO2 dans l’atmosphère déréglant le climat. La finalité de l’économie devient la résilience. Pour atteindre la neutralité climat permettant d’enrayer le réchauffement planétaire, nos sociétés doivent opérer deux transformations majeures (chapitre 2) : rationner drastiquement les biens dont la production repose sur l’usage des énergies fossiles ; protéger le vivant en réinvestissant dans sa diversité.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] FLM Debate Laurence Scialom, June 21st 2024
2024-06-21 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in french
Speaker: Laurence Scialom, Professor at Paris-Nanterre University, CEC Associate Researcher
Title: Greening of central banking and banking regulations
Abstract: A presentation on a coherent set of papers and book chapters, all centered on the greening of the central bank and banking regulations but addressing these themes from different angles.
« Les banques centrales au défi de la transition écologique : Éloge de la plasticité », Revue économique, Vol. 73, 2, p. 219 242, 2022. « La responsabilité sociétale des banques centrales », Revue d’économie financière, N° 144, 4, p. 215 226, 2022. « Better safe than sorry: Macroprudential policy, Covid 19 and climate change », co-écrit avec G. Le Quang, International Economics, 172, p. 403 413, 2022 « Un passé dépassé ? l’indépendance des banques centrales au XXIème siècle » co-écrit avec J Deyris G et G Le Quang, en révision mineure, Revue Française de socio-économie Chapitre 35 “Climat et banque centrale : vers un nouveau régime de Central Banking », publié dans « Théorie de la Régulation : l’État des savoirs » septembre 2023 The Finance-Climate Nexus, chapter 12. In: Lagoarde-Segot, T. (eds) Ecological Money and Finance. Palgrave Macmillan, Cham., 2023 https://doi.org/10.1007/978-3-031-14232-1_12 Cet ouvrage a reçu le Financial Times Responsible Business Education Award 2024 https://www.ft.com/content/aade432c-5fe7-4d1f-bf98-c2914682f653

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research Zied Ftiti, September 20th 2024
2024-09-20 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Zied Ftiti,Associate Dean of Research and the Head of the Research Center (OCRE), professor of Economics and Finance at EDC Paris Business School.
Title: Perceived Climate Risk And Stock Prices: An Empirical Analysis Of Pricing Effects
Abstract: Increasing awareness of climate change and its potential consequences on financial markets has led to interest in the impact of climate risk on stock returns and portfolio composition, but few studies have focused on perceived climate risk pricing. This study is the first to introduce perceived climate risk as an additional factor in asset pricing models. The perceived climate risk is measured based on the climate change sentiment of Twitter dataset with 16 million unique tweets in the years 2010–2019. One of the main advantages of our proxy is that it allows us to capture both physical and transition climate risks. Our results show that perceived climate risk is priced into S&P 500 Index stock returns and is robust when different asset-pricing models are used. Our findings have implications for market participants, as understanding the relationship between perceived climate risk and asset prices is crucial for investors seeking to navigate the financial implications of climate change, and for policymakers aiming to promote sustainable financing and mitigate the potential damaging effects of climate risk on financial markets, and a pricing model that accurately incorporates perceived climate risk can facilitate this understanding.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Thursday, October 10th – CEC Annual Day – Transition & Sustainability : Crossed Perspectives
2024-10-10 10:00 - 15:30 | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
Our Annual Conference Transition & Sustainability: Crossed Perspectives will feature renowned speakers from Columbia University, including Scott Barrett, a specialist in global challenges, and Geoffrey Heal, an expert in resource and environmental economics.
In the afternoon, Mrs. Emmanuelle Wargon, President of the French Energy Regulator, will lead a roundtable discussion on the transition to a low-carbon economy, with contributions from several distinguished professionals.
Additionally, 15 PhD students from the Climate Economics Chair will showcase their research in poster format throughout the day.
Thursday, October 10th, Paris Dauphine-PSL University, Room Raymond Aron
PROGRAM
REGISTRATION free but mandatory
SESSIONS POSTERS:
• Julien Ancel : Demand response with dynamic vs flat power tariffs
• Marie Raude : Trading profiles in the EU ETS
• Francesco Savazzi : Local policymakers & climate adaptation
• Edith Kouakou : Farmers’ willingness to engage in carbon farming
• Ange Blanchard : Advanced nuclear investment and Capability CfDs
• Tom Bry-Chevalier : Potential of meat alternatives for sustainable food systems
• Lou Wander : Investor preferences in the energy sector
• Ibrahim Kabore : Weather shocks & labor supply in South Africa
• Marie Bruguet : Weather effects in France’s energy consumption
• Coline Metta-Versmessen : New EU emissions trading system
• Jules Welgryn & Louis Soumoy : Risk-averse industrial decarbonisation
• Zélie Gankon : Compliance in fishing regulations
• Tara L’Horty : Willingness to claim voluntary carbon offsets
• Yujun Huang : Biodiversity risk & firm performance

[🇫🇷] Colloque – Réglementation des déchets dangereux : entre simplification et régression
2024-11-07 09:00 - 17:00 | Fondation Maison du Maroc – Cité Internationale Universitaire de Paris, 1 boulevard Jourdan, Paris, 75014, France
Programme
Inscription

FLM Research Stéphane Goutte, November 15th, 2024
2024-11-15 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Stéphane Goutte, UMI Source, Paris-Saclay University, UVSQ, IRD, France
Title: Optimizing Investment under Risk Aversion: A Focus on Climate Risk
Abstract : Climate change presents challenges to policy and economic stability, necessitating effective trading strategies to reduce environmental risks. This article addresses gaps in existing studies by using a Markov-switching model to consider climate risk. Backward stochastic differential equations are used to optimize utility with three hedging strategies based on the concept of risk aversion. Numerical scenarios confirm the model’s superiority in incorporating exogenous events, with our risk-averse strategy outperforming classical approaches. Our strategy outperforms classical strategies by taking a flexible risk trading when investors face risk-averse behavior due to climate risk events. The findings presented in this article have important implications for the development of more resilient investment portfolios and can contribute to climate policy.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

International Symposium on Climate, Finance, and Sustainability (ISCFS-2024)
2024-11-21 09:00 - 2024-11-22 18:00 | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
Climate change, resource depletion, technological disruption, and social inequalities are all pressing issues. How we have approached these problems may no longer be sufficient. The urgency of climate action, the need for sustainable development, and the critical role of finance in achieving both are unprecedented challenges. New situations call for new ways of thinking to mitigate climate change through financial solutions and sustainable investments and adapt to its impacts by building resilience and securing financial resources.
Given these perspectives and imperatives, we are pleased to announce the 2024 International Symposium on Climate, Finance, and Sustainability (ISCFS-2024). Jointly organized by AVSE Global, EMLV Business School, and Paris Dauphine University – PSL (Climate Economics Chair), in partnership with the Department of Land Economy at the University of Cambridge and the UMI SOURCE at the University of Paris-Saclay, the Symposium aims to bring together a global community of leaders, experts, and innovators to address the above-mentioned interconnected issues. It also intends to be a focal point for new thoughts, developments, and challenges interrelating climate, finance, and sustainability.
The Symposium will take place IN-PERSON on 21-22 November 2024 at Paris Dauphine University, Paris, France.
Registration information & form
Menu & Program

FLM Research Clément Bonnet, December 20th, 2024
2024-12-20 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Clément Bonnet, ART-Dev (UMR5281), Montpellier University, Climate Economics Chair & EconomiX Associate Researcher
Title: Circular economy : a conceptual clarification based on the sustainability criterion
Abstract : The concept of the circular economy lacks consensus and remains vague, often seen as an “umbrella term” or a bricolage of ideas (Blomsma and Brennan, 2017; Reike et al., 2018). This ambiguity arises from its nature as a collection of means rather than an end goal (Nobre and Tavares, 2021). Building on works by Boulding (1968) and Pearce and Turner (1990), this article argues that the circular economy was never intended as a normative concept. Instead, its implementation should be guided by the principles of sustainable development, balancing biological and technical cycles. The article distinguishes between circular economy strategies aligned with strong versus weak sustainability (Giampietro, 2019; Velenturf and Purnell, 2021) and critically assesses both paradigms. It proposes operationalizing circularity through the Safe Minimum Standards approach to preserve natural capital in a context of uncertainty, irreversibility, and non-linear ecological responses.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research Filippo Maria D’Arcangelo, January 24th 2025
2025-01-24 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Filippo Maria D’Arcangelo, OECD Economist
Title: Carbon prices, emissions and international trade in sectors at risk of carbon leakage
Abstract :What is the effect of recent carbon price developments on domestic emissions and carbon leakage? In this talk, we revisit a recent OECD working paper, developing a comprehensive plant-level emission and carbon pricing dataset covering the cement and steel sectors in 140 countries. The new dataset reveals that carbon price asymmetries among trading partners increased by more than three times. We estimate the net effect of this rising carbon prices on domestic and trade-embedded emissions. To do so, we trade shocks in renewable energy supply as an instrumental variable, providing credible exogenous variation to identify the causal effect of carbon pricing on domestic and traded emissions. Results suggest that, on average, a USD 1 increase in carbon prices reduces domestic cement and steel plants’ emissions by 1.3%. For each 8 tonnes of emissions reduced this way, we estimate that about 1 tonne is offset by carbon leakage. We explore economic and technology channels that drive these results.
Link to the working paper

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Special FLM Debate, Matthieu Auzanneau, January 31st 2025
2025-01-31 12:30 - 14:30
Speaker: Matthieu Auzanneau, Director of the Shift Project
Title: Energy is the Lifeblood of the Economy: How to Perform Open-Heart Surgery?
Presentation: Delivered in French.
Summary: An overview of the diagnosis and therapeutic method developed by the Shift Project to successfully decarbonize the economy.
Practical Information:
Our Friday Lunch Meeting will take place from 12:30 to 14:00.
FLMs are held in-person in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note: Space is limited, and registration is mandatory and will close on Thursday, January 30th at 2:00 PM.
To participate, please register here.
If you wish to receive invitations to FLMs, present your work, or unsubscribe from the mailing list, feel free to contact us at: flm@ChaireEconomieduClimat.org

11th International Conference on Mobility Challenges - February, 7th 2025
2025-02-07 09:00 - 18:15 | ENS PARIS SACLAY, 4 Avenue des Sciences Building South-West — 1st floor, Room 1B26, Gif-sur-Yvette, 91190, France
Chair Energy & Prosperity – Climate Economics Chair – OpenLab Carbon Economics for Mobility
Location : ENS Paris-Saclay 4 Avenue des Sciences, 91190 Gif-sur-Yvette Building South-West — 1st floor, Room 1B26
The 11th edition of the annual International Conference on Mobility Challenges brings together experts from academia and industry, pushing the frontier of challenges at the intersection of automotive, energy, and mobility sectors. We welcome internationally renowned speakers as well as participants from the three sponsoring chairs, along with specialists from a wide range of public and private sectors (economics, technical, business, finance). This diverse mix has consistently provided fertile ground for valuable insights, new connections, and fresh questions and ambitions.
This year, the conference will take place slightly later in the academic calendar to ensure maximum participation. The key topics we will focus on include the decarbonization of long-distance transport, making the transition in private fleets more affordable, and carbon compensation strategies for the automotive industry. The event will close with a roundtable discussing how transport is at the cross-roads between the main challenges of the decade: accessibility, acceptability, energy transition, reindustralization, protectionism, climate justice.
Presentations during the day are invited talks but students and young researchers are welcome to submit their papers to be presented in the poster session: marc.baudry@chaireeconomieduclimat.org
Attendance is free but requires registration.
Program & Registration

Special FLM Debate, François Lévêque & Matthieu Glachant, February 14th 2025
2025-02-14 12:30 - 14:30 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation: Delivered in French.
Speakers: François Lévêque & Matthieu Glachant, Professors at Mines Paris PSL
Title: Survivre à la chaleur : Adaptons-nous
Abstract: Temperature records and the increasing frequency of extreme climate events are causing significant human losses and extensive destruction of infrastructure, production, and ecosystems. Adapting therefore seems essential. However, adaptation policies are often criticized for diverting efforts and investments that could be better used to reduce CO2 emissions, or even for contributing to the rise in these emissions. Contrary to these views, this book emphasizes that adaptation and mitigation are not opposing forces but rather complementary strategies: adaptation addresses immediate needs and provides local solutions, while mitigation operates over the long term and benefits the entire planet. Drawing on concrete measures—such as air conditioning, urban greening, dikes, and water management—the authors analyze their effectiveness and costs. They also show how public authorities can support these measures to avoid maladaptation and protect the most vulnerable populations. This book offers a compelling case for understanding adaptation not as a failure, but as a source of hope.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 1.30 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research Simon Finster, February 21st 2025
2025-02-21 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Simon Finster, Postdoctoral fellow at CREST (ENSAE and Institut Polytechnique de Paris) in the Inria group FairPlay.
Title: Equitable Auctions
English presentation.
Abstract: We initiate the study of how auction design affects the division of surplus among buyers. We propose a parsimonious measure for equity and apply it to the family of standard auctions for homogeneous goods. Our surplus-equitable mechanism is efficient, Bayesian-Nash incentive compatible, and achieves surplus parity among winners ex-post. The uniform-price auction is equity-optimal if and only if buyers have a pure common value. Against intuition, the pay-as-bid auction is not always preferred in terms of equity if buyers have pure private values. In auctions with price mixing between pay-as-bid and uniform prices, we provide prior-free bounds on the equity-preferred pricing rule under a common regularity condition on signals.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Debate, DG Trésor, April 18th 2025
2025-04-18 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speakers: Nicolas Taconet et Jérémy Marquis, Direction générale du Trésor.
Title: Presentation of the final report by the DG Trésor on the economic challenges of the transition to carbon neutrality
Presentation in French.
Abstract: The Direction Générale du Trésor published a report in January 2025 on the economic challenges of the transition to carbon neutrality. Inspired by the Net Zero Review conducted by the UK Treasury, this report analyzes the major economic challenges of the transition to carbon neutrality for the French economy, combining macroeconomic and sectoral perspectives and integrating the impacts on businesses, the labor market, foreign trade, and households. The presentation will focus in particular on the analysis of the distributive challenges of the transition and its implications for public finances.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Debate, Caroline Weber, May 23rd 2025 - Exceptionally scheduled from 11 am to 12.30 pm
2025-05-23 11:00 - 12:30 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in French.
Speaker: Caroline Weber, CEO of Middlenext.
After holding several executive management positions in both listed and unlisted companies, Caroline Weber now leads MiddleNext, the independent association representing listed mid-cap companies in France.
She also holds a number of roles within both private and public organizations:

Chairwoman of the European association of listed mid-cap companies

Vice-Chairwoman of the Observatory for listed SMEs and mid-caps – pme-bourse.fr

Member of the High Council for Statutory Auditors (H3C), the external regulatory authority for the statutory audit profession, reporting to the French Ministry of Justice – h3c.org

Caroline Weber also serves on several boards as a Director, including listed companies, private firms, associations, and foundations.
She is also the founder of Micado 2018, the first pooled bond fund.
FLM Title: Sustainability Reporting Challenges: A Focus on CSRD and the Omnibus Directive

Practical informations : This Friday Lunch Meeting will take place EXCEPTIONALLY scheduled from 11 am to 12.30 pm.

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to preregister here
Limited capacity: your registration will only be considered valid upon receipt of the confirmation form. Without this confirmation, access to the venue will not be granted.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

The 2025 International Symposium on Climate, Finance, and Sustainability (ISCFS-2025)
2025-06-19 09:00 - 2025-06-20 17:00 | Maison des Sciences de Gestion de l’Université Paris-Panthéon-Assas, 1 Rue Guy de la Brosse, Paris, 75005
Climate change, resource depletion, technological disruption, and social inequalities are all pressing issues. How we have approached these problems may no longer be sufficient. The urgency of climate action, the need for sustainable development, and the critical role of finance in achieving both are unprecedented challenges. New situations call for new ways of thinking to mitigate climate change through financial solutions and sustainable investments and adapt to its impacts by building resilience and securing financial resources.
The 2025 International Symposium on Climate, Finance, and Sustainability (ISCFS-2025) aims to bring together a global community of leaders, experts, and innovators to address the above-mentioned interconnected issues. It also intends to be a focal point for new thoughts, developments, and challenges interrelating climate, finance, and sustainability. The Symposium is jointly organized by AVSE Global, EMLV Business School, Paris Dauphine University – PSL (Climate Economics Chair), Paris-Pantheon-Assas University (House of Management Science), University of Cambridge (Department of Land Economy) and University of Paris-Saclay (UMI SOURCE).
📅 The Symposium will take place IN-PERSON on 19-20 June 2025 at the House of Management Science, Paris Pantheon-Assas University.
📢PAPER SUBMISSION PROCEDURE

Interested authors can submit their research papers (in PDF files) no later than 20 April 2025 via the Symposium website: https://iscfs2025.sciencesconf.org/submission/submit.
More information

FLM Research - Junnan He, June 20th 2025
2025-06-20 12:30 - 14:00 | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
(Rescheduling of the FLM on March 21, 2025)
Speaker: Junnan He, Assistant professor at Sciences Po department of economics.
Title: Diversified Production and Market Power: Theory and Evidence from Renewables
English presentation.
Abstract: We study the Colombian energy market, where diversified energy firms strategically substitute thermal generation for hydropower before droughts. This withinfirm substitution, due to thermal generators internalizing the drop in hydropower supply during droughts, mitigates higher market prices. We show theoretically and empirically that these virtuous spillovers exist when thermal generators have market power but are severed when their residual demands are vertical or horizontal, which attenuates a firm’s business stealing incentives. We conclude that industry consolidation can reduce prices if it promotes diversified production portfolios. Diversification can keep the green transition affordable by reducing the cost of renewable intermittencies.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to preregister here
Limited capacity: your registration will only be considered valid upon receipt of the confirmation form. Without this confirmation, access to the venue will not be granted.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
