Conference

Research Conference on Climate- and Nature-Related Risks in the Economic and Financial System

March 12–13, 2026

BDF, Paris

Description 

The Banque de France, the Deutsche Bundesbank, Paris School of Economics and Toulouse School of Economics are pleased to invite researchers, central bankers, and policymakers to submit their contributions to the Research Conference on Climate- and Nature-Related Risks in the Economic and Financial System. This conference provides a premier platform for the exchange of cutting-edge ideas and research findings, with a particular focus on the challenges and opportunities associated with climate- and nature-related risks in the evolving financial landscape.

Thematic Scope

The financial system is increasingly exposed to climate- and nature-related risks. Beyond extreme weather events and long-term changes in climate, the degradation of ecosystems, biodiversity loss, and the depletion of natural resources are emerging as critical challenges. These risks not only affect financial institutions, such as banks and insurance companies, but also have far-reaching implications for asset valuations, investment strategies, and the functioning of financial markets.
Simultaneously, regulatory and policy frameworks, including the European Union’s Fit for 55 package and broader sustainable finance agenda, are rapidly evolving to address these challenges. Financial actors, from central banks to asset managers, are developing innovative approaches to integrate these risks into their decision-making processes, while ensuring economic resilience and financial stability.
This conference seeks to explore how climate- and nature-related risks, both physical and transition ones, are reshaping the financial landscape. It aims to foster dialogue on innovative approaches, tools, and strategies to address these risks, while balancing sustainability objectives with the need for systemic resilience.

Keynote Speakers

•    Michael Theurer, Member of the Executive Board of the Deutsche Bundesbank
•    Christian Gollier, Toulouse School of Economics

In addition, Agnès Benassy-Quéré, Deputy Governor at the Banque de France will provide concluding comments.

Submission Guidelines

We invite submissions of full papers. All submissions and any queries shall be sent by November 3, 2025, by email to banking-research@bundesbank.de. Contributors will be notified by 15 January 2026.

Scientific Committee

Olivier de Bandt (Banque de France), Fany Declerck (Toulouse School of Economics), Stéphane Dées (Banque de France), Lionel Fontagné (Paris School of Economics), Daniel Foos (Deutsche Bundesbank), Matthias Kaldorf (Deutsche Bundesbank), Elise Kremer (Banque de France), Christoph Meinerding (Deutsche Bundesbank), Carina Schlam (Deutsche Bundesbank) 

Organizing Committee

Olivier de Bandt (Banque de France), Alexander Schulz (Deutsche Bundesbank), Daniel Foos (Deutsche Bundesbank), Carina Schlam (Deutsche Bundesbank)

Registration and Participation

There is no registration fee for accepted presenters. Limited travel grants are available for early-career researchers. The conference will be an in-person only event.

Conference Venue

Banque de France Conference Center,
31 rue Croix-des petits champs
75001 Paris, France