The Centre for Climate Finance & Investment undertakes cutting-edge research on how capital markets are responding to global climate change. Helping investors and policymakers overcome the lack of clarity about risk and return in clean energy, low-carbon technologies, and green infrastructure.

The Centre works closely with the Grantham Institute – Climate Change and the Environment and the Brevan Howard Centre for Financial Analysis. Imperial College Business School launched the MSc Climate Change, Management & Finance in September 2016 in partnership with the Grantham Institute.

Recent reports

Research in Development & Thought Pieces

Flying blind in climate change investing

Huge volumes of private sector capital will not flow to low carbon and clean tech until there is clear empirical evidence,  capital markets research must address key questions.

Lessons from the collapse at GE

Investors worried about carbon risks need to be looking at industries beyond coal, oil and gas.

Can the oil and gas majors transition to zero carbon?

Are the major oil and gas companies really prepared for a low-carbon energy system? We’re developing a new approach to help investors find out.

The dangers of subsidy-free renewable energy

Almost all European countries want to get rid of subsidies for renewable energy projects, but exposing producers to greater market risk may be both inefficient and counterproductive.

Notes to Researchers

The CCFI works closely with other researchers and centres within Imperial College London. If you are interested to work with the Centre for Climate Finance & Investment please get in touch. 

Current Opportunities

Research Associate in Economics, Data Science and Energy Demand. Find out more here.

Selected academic publications

 

  • Biffis E, Blake D, Pitotti L, et al., 2016, The Cost of Counterparty Risk and Collateralization in Longevity Swaps, Journal of Risk and Insurance, Vol:83, ISSN:0022-4367, Pages:387-419 
    DOI
  • Rujeerapaiboon N, Kuhn D, Wiesemann W, 2016, Robust Growth-Optimal Portfolios, Management Science, Vol:62, ISSN:0025-1909, Pages:2090-2109
    DOI
  • Slowak AP, Taticchi P, 2015, Technology, policy and management for carbon reduction: A critical and global review with insights on the role played by the Chinese Academy, Journal of Cleaner Production, Vol:103, ISSN:0959-6526, Pages:601-619
    DOI
  • Martin R, Muuls M, de Preux LB, et al., 2014, Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme, American Economic Review, Vol:104, ISSN:0002-8282, Pages:2482-2508
    DOI
  • Staffell I, Green R, 2014, How does wind farm performance decline with age?, Renewable Energy, Vol:66, ISSN:0960-1481, Pages:775-786
    DOI
  • Martin R, de Preux LB, Wagner UJ, 2014, The impact of a carbon tax on manufacturing: Evidence from microdata, Journal of Public Economics, Vol:117, ISSN:0047-2727, Pages:1-14
    DOI