In 2018, the Banque de France decided to create a Prize for Young Researchers in Green Finance. As in 2018, the Prize was awarded this year on the occasion of the academic conference ‘Green Finance Research Advances’, co-organised by Banque de France and Institut Louis Bachelier on 25 November 2019, with the participation of the Institute for Climate Economics -I4CE- and Finance for Tomorrow, as a side event of the Paris Climate Finance week.
The Prize was awarded by Mr Ivan Odonnat, Deputy General Director, Financial Stability and Operations General Directorate: “I am very pleased to observe, this year like last year, the quality of the applications that have been submitted to the assessment of Banque de France Prize’s international selection committee, Mr Odonnat declared, ‘I warmly congratulate Mrs Fanny Henriet for her project, which is about the effects of the introduction of a carbone price on the value of fossil-fuel reserves, at the international level’, a core issue for regulators. This Prize underlines the importance that Banque de France gives to advances in academic research on Green Finance in France.”
The 2019 Laureate, Mrs Fanny Henriet, a young researcher at Paris School of Economics and CNRS follows the nomination of Mr Louis-Gaëtan Giraudet in 2018 for his project regarding the analysis of zero interest loans that are adopted in a growing number of countries (France, Germany, Japan) to incentivize real estate energy efficiency renovation.