Banque de France Climate Economics Workshop

Published on 21st of April 2026

This workshop, hosted at the Banque de France, brings together researchers in macroeconomics and finance to examine the economic consequences of climate change and the green transition, with a particular focus on their implications for public policy.

A central question runs throughout the program: how do climate risks propagate through markets, prices, and aggregate outcomes?

The program combines structural modeling and empirical analysis to generate insights directly relevant for policymakers. Contributions analyze how climate uncertainty affects asset valuations and sovereign debt markets, how the strategic interactions underlying global climate policy shape transition paths, and how linkages across markets condition the effectiveness of green technologies and policy interventions.

These issues are of direct relevance to central banks, as climate risk increasingly intersects with their core mandates, including financial stability, price stability, and the transmission of monetary policy.

Organizers
Jean-Guillaume Sahuc (Banque de France)
Gauthier Vermandel (Ecole Polytechnique)