Margherita Giuzio, European Central Bank, on Europe’s Climate Insurance Protection Gap

Does Europe face a climate protection insurance gap? Listen to
Jason Mitchell discuss with Margherita Giuzio, European Central
Bank, about what’s at stake from a financial stability and
macroeconomic perspective; how the ECB is proposing a ladder of
approaches; and why public-private sector solutions like impact
underwriting are vital to reducing moral hazard risks. Margherita
is a Team Lead in the Market-Based Finance division of the
Macroprudential Policy and Financial Stability Directorate at the
European Central Bank. Her research interests include non-bank
financial intermediation, climate-related risks to financial
stability and sustainable finance. She has co-authored a number of
papers examining the intersection of sustainability and financial
markets including “What to Do About Europe’s Climate Insurance
Gap”, “The Low-Carbon Transition, Climate Commitments and Firm
Credit Risk”, and “Are Ethical and Green Investment Funds More
Resilient?”