Starting this fall, the Climate Finance eJournal will showcase the latest academic work on the application of financial economics to climate change through mitigation, adaptation, and resilience strategies. Climate-related investments and insurance, modeling of climate risk, financial implications of climate change, climate stress testing, climate disclosure, and the impacts of regulation and policy will all be among key areas of focus.

The new journal debuts ahead of Climate Week NYC, which will convene leaders from finance, academia, business, government and civil society to examine the most pressing issues in our changing climate and the transition to a low-carbon economy.

The journal will be co-edited by Peter Tufano, Baker Foundation Professor at Harvard Business School, senior advisor to the Salata Institute for Climate and Sustainability, and a member of the MSCI Sustainability Institute’s Advisory Council; and Laura T. Starks, George Kozmetsky Centennial Distinguished University Chair and Professor of Finance at the University of Texas at Austin McCombs School of Business.

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We are thrilled to team with SSRN on their first eJournal focusing on climate finance, said Linda-Eling Lee, the MSCI Sustainability Institute’s founding director.

“We hope this publication will surface academic insights that empower investors to better measure and manage climate-related risks.”

“The eJournal complements our Sustainability Research Portal, where we curate academic research that illuminates practical problems in sustainability for investors,” she added.

“The literature on climate finance is growing, as academic researchers increasingly study the financial implications of global warming,” observed Peter Tufano. “This eJournal will provide readers with the latest independent, evidence-based research into the emerging field of climate finance, the impact of climate change on valuation and risk, and the role of financial markets in navigating the historic transition now underway.”

The journal grew out of the multi-school collaborative doctoral reading group, Financial Economics of Climate and Sustainability, organized by Tufano with Starks and eight other leading climate finance scholars to support young scholars at over 100 universities. This group comprises the editorial board that will advise the eJournal:

• Patrick Bolton, Professor of Finance and Economics, Imperial College London, and Barbara and David Zalaznick Professor Emeritus of Business and Professor Emeritus of Economics, Columbia University
• Ben Caldecott, Director, Oxford Sustainable Finance Group and the Lombard Odier Associate Professor and Senior Research Fellow, University of Oxford – Smith School of Enterprise and the Environment
• Caroline Flammer, A. Barton Hepburn Professor of Economics, Columbia University and Vice Dean for Research and Faculty Affairs, School of International and Public Affairs
• Stefano Giglio, Frederic D. Wolfe Professor of Finance and Management, Yale School of Management
• Geoffrey M. Heal, Donald C. Waite III Professor Emeritus of Social Enterprise, Columbia Business School
• Marcin T. Kacperczyk, Professor of Finance, Imperial College London
• Stefan Reichelstein, William R. Timken Professor of Accounting, Emeritus, Stanford University
• Johannes Stroebel, David S. Loeb Professor of Finance, New York University Stern School of Business

SSRN is an open access multi-disciplinary research platform used to share early-stage research, evolve ideas, measure results, and connect scholars around the world. It offers nearly 1.3 million full-text documents for downloading.