EDHEC announces creation of major research centre in climate finance

New Delhi: EDHEC Business School in France is strengthening its commitment to responsible finance by creating the EDHEC-Risk Climate Impact Institute (ERCII), which will build on the impressive body of research already produced by the EDHEC-Risk Institute.


Following the “Research for Business” approach that sets EDHEC apart from its competitors, this new research centre will leverage finance research to contribute to the positive transformation of the global economy and society.


Over the next five years, an impressive 20 million euros will be invested in ERCII. Under the leadership of Frédéric Ducoulombier and with a staff of 25 experts and researchers, the centre will assist investors in the transition to a low-carbon economy by helping them understand and manage the financial implications of climate change.


Currently ESG director at Scientific Beta, Frédéric Ducoulombier was a faculty researcher at EDHEC between 2002 and 2019. As assistant Dean of Research, he helped launch EDHEC’s “Research for Business” strategy. At the EDHEC-Risk Institute, he established the continuing education programme, the PhD in Finance programme, and expanded EDHEC’s presence in Asia.


At ERCII, he will work closely with climate finance experts Irene Monasterolo, professor of Finance, senior researcher, and programme director for Impact of Finance on Climate Change Mitigation and Adaptation; and Riccardo Rebonato, professor of finance, scientific director, and programme director for Implications of Climate Change on Asset Pricing and Investment.


ERCII will also share its expertise with all EDHEC degree and certificate programmes, as well as other research centres.