Publications of the Chair

From words to deeds? Climate change and the European Central Bank

2021
Authors :
Jérôme Deyris, Tanguy Bonnet

Using textual analysis methods, we study how the topic of climate change has appeared and evolved in the speeches of the ECB's Executive Board members since 1997.

Why finance professionals hold green and brown assets? A lab-in-the-field experiment

2021
Authors :
Adrien Nguyen-Huu, Sébastien Duchêne, Dimitri Dubois, Marc Willinger

We assess the impact of environmental externalities on portfolio decisions in a lab-inthe-field experiment on finance professionals and students. Subjects show pro-environmental preferences, with...  

Internal migration and energy poverty in South Africa

2021
Authors :
Leonard le Roux and Johanna Choumert-Nkolo

Despite recent progress, energy poverty remains pervasive in Sub-Saharan Africa (SSA). This challenge is generally more severe in rural areas. However, rapid urbanization adds...  

Who emits CO2? Landscape of ecological inequalities in France from a critical perspective

2021
Authors :
Antonin Pottier, Emmanuel Combet, Jean-Michel Cayla, Simona de Lauretis, and Franck Nadaud

This article provides a panorama of greenhouse gas (GHG) emission inequalities between French households. It presents in a detailed and critical manner the methodological...  

Showing off cleaner hands: mandatory climate-related disclosure by financial institutions and the financing of fossil energy

2021
Authors :
Jean-Stéphane Mésonnier and Benoît Nguyen

We investigate the real effects of mandatory climate-related disclosure by financial institutions on the funding of carbon-intensive industries.

Wind farm revenues in Western Europe in present and future climate

2020
Authors :
Silvia Concettini, Bastien Alonzo, Anna Creti, Philippe Drobinski, Peter Tankov

Investments into wind generation may be hampered by revenues uncertainty caused by the natural variability of the resource, the impact of climate change on...  

How can strategy reformulation and CSR initiatives converge? The case of BOP

2020
Authors :
Thomas André, Nicolas Mottis, Jean-Pierre Ponssard

This paper investigates a case in which, on paper, the green lights were everywhere. Yet after more than 10 years of existence, the program remains in a stalemate status.The paper identifies three main organiszational barriers.

How to re-conceptualise and re-integrate climate finance into society through ecological accounting?

2020
Authors :
Hugues Chenet, Alexandre Rambaud

We propose an exploratory and theoretical study which introduces how and why a particular and innovative ecological accounting approach, the CARE model, currently called upon by a growing number of practitioners and researchers, is a relevant framework to re-conceptualise the issue of climate finance

A practical approach for curbing congestion and air pollution: Driving restrictions with toll and vintage exemptions

2020
Authors :
Leonardo Basso, Juan-Pablo Montero, and Felipe Sepulveda

Congestion and local air pollution continue to be a serious problem in many cities around the world, partly because of an increasing and ageing...  

Designing conditional schemes for green industrial policy under different information structures

2020
Authors :
Guy Meunier and Jean-Pierre Ponssard

We assume that a project requires an initial outlay and may either succeed or fail. The probability of success depends on its type and...