Thanks to the support and commitment of their partners, the “Finance and Sustainable Development – Quantitative Approaches” research chair and the “Energy Markets Finance Laboratory” (FiME) have been renewed for another 5 years. An opportunity to develop new quantitative approaches adapted to the challenges of sustainable development for the economic and financial sector.

The University of Paris Dauphine – PSL, the École Polytechnique, Crédit Agricole CIB, EDF and the Europlace Institute of Finance (Louis Bachelier Group) have just renewed their partnership for five years for the Chair created in 2006, which aims to develop new quantitative approaches adapted to the challenges of sustainable development for the economic and financial sector.

For this new five-year period, the Chair team, with the experience accumulated over the last fifteen years, will continue its work on the development and application of quantitative methods. Thematically, the future research fields will be structured around three axes:

  • Risk management in a context of climate change and transitions (ecological, energy, agricultural).
  • Analysis of ecological and health crisis situations.
  • Modelling of connected objects, given their central role in transitions.

Finally, the Chair will continue to promote its knowledge dissemination and valorisation activities, notably through the organisation of scientific events (seminars, workshops, annual conferences and round tables), as well as the publication of articles and books for interested professional and academic circles.

At the same time as the renewal of the Chair, the “Energy Markets Finance Laboratory” (FiME) has also been renewed for 5 years. Created jointly by the University of Paris Dauphine – PSL, the École Polytechnique, EDF, the Groupe des Écoles Nationales d’Économie et Statistique (GENES) and the Europlace Institute of Finance, this research initiative carries out work on the development of models and numerical methods applied to energy issues.

For the period 2022-2026, the FiME laboratory will address three research themes (consumers, production and the financial environment), with a particular focus on the analysis of investment dynamics in decarbonised energies, in a financial environment marked by significant price fluctuations.

“This evolution of themes seems to us to be very positive, and the regular dialogue between researchers and representatives of financial partners seems to us to create a very fruitful emulation. Lastly, this renewal of themes comes at a time when States have made new commitments, within the framework of COP26, to reduce methane (CH4) emissions and preserve forests, all of which call for a particular effort to evaluate and implement the associated measures,” notes Olivier Féron, research engineer at EDF R&D and director of the FiME laboratory.  

“We are faced with multiple crises: health, geopolitical and climate. In such a context, it is essential to involve the scientific community in our reflections and questioning, in order to build together the tools that will enable us to measure our performance and steer our action. Similarly, the uncertainties we face and the complexity of the interactions between the various economic players encourage us to develop new approaches: construction of scenarios, analysis of dependencies between players, optimisation of resources, participation in CO2 emission markets. To achieve these developments, exchanges with researchers are also a condition for success and Crédit Agricole CIB’s participation in the Chair makes sense,” adds Pascal Gibart, Head of Credit and Portfolio Models at Crédit Agricole CIB.”

Further information:

Link to the full press release in French

Link to the FDD Chair’s research areas in French

Link to the research areas of the FiME laboratory in French