World Class Faculty & Research / September 7, 2022

Smith, UMD Experts to Discuss New Approach to Quantifying Financial Impacts of Climate Change

Experts from the University of Maryland and the investment management firm Conning will discuss a new approach to modeling climate risk to financial markets, in a free webinar at 9 a.m. Thursday, Sept. 22, 2022, hosted by the Center for Financial Policy (CFP) at UMD’s Robert H. Smith School of Business.

The program’s title “Quantifying the Financial Impacts of Climate Change” also is the title of a new, Conning-sponsored white paper – by the webinar’s panelists: Smith School Professor of the Practice Clifford Rossi, UMD Adjunct Research Professor Robert Brammer and Matthew Lightwood, director of risk solutions for Conning.

The authors will discuss their findings, which have produced a set of models to show material climate-related risks – that current climate scenarios do not capture -- for insurance and pension fund asset allocations in the next five to 10 years.

CFP Director and Bank of America Professor of Finance at Smith Russell Wermers will moderate the panel discussion.

For more information and to register, go to the CFP’s The Second Objective Function Series homepage.

Media Contact

Greg Muraski
Media Relations Manager
301-405-5283  
301-892-0973 Mobile
gmuraski@umd.edu 

About the University of Maryland's Robert H. Smith School of Business

The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

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