Private debt markets are a relatively untapped investment option in Aotearoa New Zealand despite significant growth overseas, a new report reveals. Private debt is a way for companies to borrow, but rather than obtaining the funds from banks, they receive the money from institutional investors. The report, drawing on a survey of institutional investors, is […]

Climate and Energy Finance Group (CEFGroup) is pleased to announce that its working paper, In Holdings We Trust: Uncovering the ESG Fund Lemons, won the CFA ARX Asia Pacific Research Exchange Award at this year’s New Zealand Finance Meeting (NZFM). Presenting author: Dr Sebastian Gehricke Co-authors: Mr Lachie McLean, Professor Ivan Diaz-Rainey, Dr Quyen Nguyen, […]

Climate and Energy Finance Group (CEFGroup)’s recent publication in International Review of Financial Analysis (IRFA), Climate Transition Risk in U.S. Loan Portfolios: Are All Banks the Same?, is now available HERE. The paper uses a bottom-up, loan-level forward-looking approach to stress test banks’ exposure to climate transition risk (CTR) in syndicated loans. It highlights that: Banks […]

CEFGroup PhD candidate, Ling Liao, together with her three teammates, will be presenting their team project entitled “The Role of Carbon Market in Decarbonizing China and NZ” at the inaugural Winds of Change North Asia Virtual Symposium. The symposium is organised by the North Asia Centre of Asia-Pacific Excellence. More info below: Registration Link: HERE […]

CALL FOR PAPERS for a Special Issue on “Green Investing, Green FinTech, and Clean Technology” for the International Review of Economics and Finance Guest Editors: Professor Ivan Diaz-Rainey (Director, CEFGroup) and Professor Ehsan Nikbakht (C.V. Starr Distinguished Professor of Finance, Hofstra University). This special issue aims at exploring the interactions between climate change, sustainability, clean […]

Climate and Energy Finance Group (CEFGroup) Director, Dr. Ivan Diaz-Rainey, is presenting at the Climate Change, Insurance, Finance and Housing Workshop next Wednesday. Details below: Presentation Title: Implications of Climate Change Risk on Residential Property Values and Financial Stability Date and Time: Wednesday the 23rd of November, 1:00-1:25 pm New Zealand Time [Note that the […]

A recent NZ government report has identified dozens of communities at serious risk of flooding, with most having little protection in place to prevent flood hazards. In a recent RNZ panel, CEFGroup Director, Professor Ivan Diaz-Rainey, shared his insights on what how climate change would affect property values in flood-risk areas, and what impact flooding could have […]

For more than a decade, wealthy nations have rejected official discussions on what is referred to as loss and damage, the term used to describe rich nations paying out funds to help poor countries cope with the consequences of global warming for which they bear little blame. COP27 is a turning point. For the first […]

CEFGroup’s Director, Professor Ivan Diaz-Rainey, had an interview with NZ Heralds this Tuesday. He shared his concerns re how climate risks affects the New Zealand housing market, and how this would pose risk to the country’s economy. Diaz-Rainey and his team are exploring the threat themselves, in the Marsden Fund-supported project that involves developing new models […]

CEFGroup’s Professor Ivan Diaz-Rainey and Dr Quyen Nguyen presented to Stanford University‘s Sustainable Finance and Investment Seminar today. They introduced how transition risk is measured and highlighted associated challenges with particular focus on corporate carbon footprints, Diaz-Rainey and Nguyen showed that the application of machine learning algorithms to fill the carbon data gaps lead to improved prediction accuracy especially […]