INSPIRE issued two comprehensive research calls that incorporated a broad range of research topics aligned to the NGFS’s three dedicated workstreams. INSPIRE’S third call for research proposals, released in early 2020, is the first in a series of targeted calls focusing on specific research priorities that cross-cut the NGFS workstreams.
Navigate to the main INSPIRE landing page.
Macroprudential regulation, disclosure, climate change, and environment
Mandatory ESG disclosure and financial stability
Dragon Yongjun Tang,* University of Hong-Kong; Rui Zhong, University of Western Australia
Supervision beyond the business cycle: A framework for long-term financial supervision.
Ben Caldecott,* University of Oxford; and Jakob Thomä, 2° Investing Initiative
Management of climate risks in the financial industry of a resource based economy: A Canadian scenario analysis.
Olaf Weber,* University of Waterloo; Truzaar Dordi, University of Waterloo; Adeboye Oyegunle, University of Waterloo
Environmental and social risk management in Brazilian banking: from an environmental and social management structure to climate scenario analysis development
Guilherme Teixeira,* SITAWI Finance for Good; Gustavo Pimentel, SITAWI Finance for Good; Beatriz Maciel, SITAWI Finance for Good
How could the US Federal Reserve and other financial market supervisors incorporate climate considerations into their responsibilities?
Adele Morris,* The Brookings Institution; and Warwick McKibbin, The Brookings Institution and Australian National University
Working Group on Banking Supervision and Sustainable Development in The Americas.
Kevin P. Gallagher,* Boston University; Janine Ferretti, Boston University; Daniel Schydlowsky, Boston University
Evaluating risk differentials based on environmental factors
Is credit risk lower for banks’ green assets?
Rui Zhong,* University of Western Australia; Jing Yu, University of Western Australia; Xiaoyan Zhou, University of Oxford
Using credit risk as an empirical basis for the development of ‘brown’ investment taxonomies.
Charles Donovan,* Imperial College London; Bob Buhr, Imperial College London; Alexandre Köberle, Imperial College London; Anastasiya Ostrovnaya, Imperial College London
Estimating the impact of climate physical risks on default probability of mortgage loans
Tianyin Sun,*Tsinghua University; Ma Jun,* Tsinghua University; Gabriela Aznar Siguan, Eidgenössische Technische Hochschule and MeteoSwiss; David Bresch, Eidgenössische Technische Hochschule
Monetary policy, direct and indirect monetary instruments, climate change and the environment
The role of monetary policy under a low-carbon transition.
Jason Eis,* Vivid Economics; Rosie Dollman, Vivid Economics; Giulio Vannicelli, Vivid Economics; Pablo Anton Arnal, Vivid Economics; Warwick McKibbin, Australian National University
Greening the Eurosystem collateral framework.
Yannis Dafermos,* SOAS, University of London; Daniela Gabor, University of the West of England; Maria Nikolaidi, University of Greenwich; Frank van Lerven, New Economics Foundation
Central banks’ mandate in green credit guidance: beyond prudential regulation.
Muriuki Muriungi,* University of Nairobi
Sovereign bonds and climate- and environment-related risk
Climate change and sovereign credit ratings
Matthew Agarwala,* University of Cambridge and University of East Anglia; Patrycja Klusak, University of Cambridge and University of East Anglia; Moritz Kramer, Goethe-University; Kamiar Mohaddes, University of Cambridge; Naoki Funada, University of Cambridge
The impact of country SDG performance on sovereign bond spreads.
Eline ten Bosch,* Rotterdam School of Management; Dirk Schoenmaker, Rotterdam School of Management; Mathijs van Dijk, Rotterdam School of Management
Sovereign risk and climate change.
Ulrich Volz,* SOAS, University of London and German Development Institute; John Beirne, Asian Development Bank Institute; Adrian Fenton, WWF Singapore; Emilie Mazzacurati, Four Twenty Seven and University of California, Davis; Nuobu Renzhi, Asian Development Bank Institute; Jeanne Stampe, SOAS, University of London