09/23/24 | Navigating the Climate Change Models
As the scope and severity of risks that the world faces due to climate change continue to rise, the need to address climate risks is becoming more urgent. Climate risk models have become essential tools for businesses, policymakers, and society to properly identify, understand and evaluate material climate-related risks. Climate modeling and computation are making advances, but there are significant challenges associated with making accurate predictions of future climate risk scenarios. This is compounded by the proliferation of climate change risk models, with an increasing number being introduced and used internationally. Against a backdrop of rising regulatory pressures, navigating the climate model landscape has introduced significant challenges for institutions, such as asset management firms, insurance companies and banks. These include, for example, the nature and type of models that are relevant for financial institutions, the transition assumptions and scenarios being used, time horizons, and the data to integrate into the modeling, to mention just a few. The event this afternoon will explore the model landscape, the key challenges associated with the various models and how to tackle these in a methodical fashion.
We are pleased to announce the event's keynote speaker:
- Richard B. Berner, Ph.D., Clinical Professor of Management Practice in the Department of Finance, at NYU Stern School of Business, and, with Professor Robert Engle, is Co-Director of the Stern Volatility and Risk Institute.
Panel Discussion:
- Derek Jun, CFA, FRM, Head of Climate Risk Oversight, TIAA and Nuveen
- Ilya Khaykin, Partner, Head of Climate Risk and Sustainable Finance Americas, Oliver Wyman
- Aileen Long, Managing Director, Head of Climate Stress Testing and Analytics, Global Climate Risk, Citi
- Andy Neal, Senior Managing Director, AON plc
- Moderator | John Finnerty, Ph.D., Professor of Finance at Fordham University's Gabelli School of Business
Location:
Fordham University
Lincoln Center Campus
McNally Auditorium
113 West 60th Street, NYC
When: During Climate Week
Monday, September 23, 2024
2:30 pm to 6:00 pm
The evenings schedule will be:
2:30 pm to 3:00 pm-- Registration & Networking
3:00 pm to 3:40 pm-- Keynote Speaker
3:40 pm to 5:00 pm-- Panel Discussion
5:00 pm to 6:00 pm-- Networking & Refreshments