Irene Monasterolo
professor of Finance
CLIMAFIN
CLIMAFIN provides science-based climate financial risk assessment solutions that utilize advanced financial network algorithms to analyze large datasets and estimate the impact of climate shocks on financial assets. The company enables institutional investors to comply with climate-related reporting standards while optimizing their portfolios across various asset classes and climate scenarios.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Antoine Mandel
professor of mathematics
Stefano Battiston
professor of Finance
Product
Problem
Financial institutions face increasing pressure to understand and report on climate-related financial risks, but lack the tools and methodologies to effectively assess the complex interactions between climate change and financial assets. Existing risk models often fail to incorporate forward-looking climate scenarios and granular, asset-level data, hindering accurate risk assessment and compliance with evolving regulatory standards.
Solution
CLIMAFIN provides science-based climate financial risk assessment solutions, leveraging advanced financial network algorithms and large datasets to quantify the impact of climate shocks on financial assets. The company's services enable institutional investors to comply with climate-related reporting standards such as TCFD, EU-NFRD, and French Article 173, while optimizing portfolios across various asset classes and climate scenarios. CLIMAFIN offers a suite of quantitative metrics, customized consulting, and data infrastructure to integrate climate physical and transition risks into internal risk models. By building on core scientific know-how and methodologies published in top scientific journals, CLIMAFIN ensures transparency and rigor for internal and external validation.
Target Audience
CLIMAFIN serves institutional investors, financial regulators, central banks, development banks, insurance companies, and asset managers seeking to integrate climate-related risks into their risk management, investment, and reporting processes.
Features
- Climate stress-testing for physical and transition risks, aligned with supervisory requirements
- Geolocalized, asset-level climate financial risk assessment, based on revenues
- Climate scenario-contingent financial valuation and climate credit risk analysis
- Macro-financial analyses at the country or regional level
- Climate Risk Platform: Datasets of climate scenario-contingent credit risk metrics and asset valuations, including NGFS short-term scenarios
- Climate Risk Management Software: A flexible platform for climate risk analysis across all asset classes, deployable as a standalone tool or integrated within existing risk management frameworks
- Consulting services: Tailored support for building climate risk strategies, designing scenario-based stress tests, and meeting regulatory expectations