Claudio Rizzi

I am an Assistant Professor of Financial Management at IESE Business School, University of Navarra.

My research is centered on sustainable and climate finance with a focus on natural capital, biodiversity, energy finance, and impact investing.

I am hiring a Research Assistant.

Working Papers

1. The Market Value of Natural Capital: Evidence from Wetland Changes and Immobile Assets with Ryan Lewis (University of Colorado) R&R at Management Science
   • Previously circulated as "Nature as a Defense from Disasters: Natural Capital and Municipal Bond Yields"
   • Winner of the BlackRock Applied Research Award
   • Featured on the UN PRI Academic Blog
   • Best Ph.D. paper awards at multiple conferences
2. Government-Funded Green Banks: Catalysts for the Green Transition with Simon Xu (HBS) and Paul Yoo (American U.)
3. Climate Impact and Entrepreneurial Finance with Francisco Brahm (LBS), Xia Li (LBS), and Nina Teng (LBS) Reject and Resubmit at Management Science
   • Previously circulated as "Emissions Reduction Potential and Early-stage Capital"
4. Restoring Nature, Creating Wealth: Evidence from Rural Households in Africa with Geoffrey Heal (Columbia) and Simon Xu (HBS) NBER Working Paper
5. The Value of Climate Hedge Assets: Evidence from Australian Water Markets with Ryan Lewis (University of Colorado)

Work in Progress

• The Value of Forests with Stefano Ramelli (St. Gallen) and Simon Xu (HBS)

Other Working Papers

1. Pollution and Entrepreneurship: Evidence from Cicada Emergence
2. Mortality, Demographic Changes, and Financial Market Outcomes with Alok Kumar and Ville Rantala

References

• Prof. Alok Kumar (University of Miami, akumar@miami.edu)
• Prof. George Korniotis (University of Miami, gkorniotis@miami.edu)
• Prof. Ville Rantala (University of Miami, vrantala@bus.miami.edu)