Prof. Eric Nowak

Eric Nowak is Professor of Finance and Head of the Institute of Finance at the Università della Svizzera italiana. He is also Director of the University's Center for Climate Finance and Sustainability. Throughout his career, Professor Nowak has held visiting appointments at leading universities worldwide, including Stanford, the University of Chicago, and NUS Singapore.

Professor Nowak reviews voluntary carbon credit markets. Climate change is the biggest threat facing humankind, and one of the most powerful economic tools with which to fight climate change is carbon pricing. The data shows that climate policy events do have a significant impact. But there are nuances, as compliance markets react more strongly to such events than voluntary carbon markets do. Further work shows, however, that compliance markets alone are insufficient to solve the climate crisis and that voluntary credit markets also have a key role to play. Additional analysis reveals that these voluntary markets are still in their infancy. This represents an opportunity for financial market infrastructures such as stock markets to step in, provide price transparency and market liquidity, and ensure demand and supply meet.

• Financial Markets
  • Financial Crises
  • Information and Market Efficiency
• Portfolio Management and Asset Classes
  • Behavioral Finance and Neurofinance
  • Equities
  • Personal Finance and Household Choices
• Financial Institutions
  • Independent Asset Managers
  • Institutional Investors and Funds
  • Venture Capital and Private Equity
• Corporate Finance and Governance
  • Bankruptcy and Liquidation
  • Corporate Governance and Managerial Compensation
  • Financial Valuation
  • Mergers and Acquisitions
• Frontier Topics
  • Big Data and Fintech
  • Sustainable Finance