SOAS University of London

Yannis Dafermos and Ulrich Volz spoke at the ‘Green Swan Conference’

4 June 2021

Yannis Dafermos and Ulrich Volz spoke at the Green Swan Conference, a milestone conference on climate risk and financial markets hosted by the Bank for International Settlements, the Banque de France, the International Monetary Fund, and the Network of Central Banks and Financial Supervisors for Greening the Financial System. The conference, which took place over three days from 2-4 June, brought together leading policymakers and experts to discuss how climate-related risks to economies and financial systems can be mitigated and managed, and how financial flows can be aligned with climate and sustainability goals.

Ulrich Volz contributed to a panel discussing the resilience of financial systems to climate risks with the buffers currently in place and how to increase it. Other panellists included Alejandro Díaz de León, the Governor of the Mexican central bank, Nathalie Aufauvre, the Managing Director for Financial Stability and Operations at Banque de France, and Sarah Breeden, the Bank of England’s Executive Director for Financial Stability and Risk. A video recording of the session is available here.

Yannis Dafermos contributed to a panel discussing how financial stability, regulation and financial supervision should be adjusted in the context of increasing climate-related risks. Other panellists included Hélène Rey, the Lord Bagri Professor of Economics at the London Business School and Tobias Adrian, the Financial Counsellor and Director of the Monetary and Capital Markets Department of the International Monetary Fund. A video recording of the session is available here. Recordings of all sessions are available on the conference website.

For further information, contact:

uv1@soas.ac.uk