Events from the Sustainable Economies Research Group (SERG)

Upcoming events

SERG Monthly Seminar Series: When does climate risk get priced? Policy clarity and environmental trading

Date: Wednesday 1 April 2026
Time: 15:00
Speaker: Dr Maryam Alhaboni (University of York)

Abstract: When do financial markets act on climate transition risk? We argue that firm-level environmental information becomes economically actionable only when climate policy provides procedural clarity, mapping from environmental performance to expected regulatory exposure. Exploiting discrete shifts in U.S. climate-policy clarity around participation in the Paris Agreement, we study S&P 500 firms (2010–2023) and measure portfolio reallocation using a phase-reset, signed-volume On-Balance Volume. The evidence supports a mechanism in which ambiguity lowers signal precision and raises the option value of waiting, suppressing coordinated rebalancing. Extensive robustness and placebo tests rule out explanations based on liquidity, transaction costs, scheduled news, broad market conditions, or political cycles. Overall, procedural clarity, not policy tilt, is a prerequisite for consistent trading-based incorporation of transition risk.

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Exploring bioregionalism

Date: Thursday 16 April 2026
Time: 09:30-17:00

Join the Sustainable Economies Research Group (SERG) to explore bioregionalism – an approach that sees humans as part of nature and local economies as symbiotic and co-evolving with living systems. Through a mix of expert talks and interactive workshops, participants will consider how local economies can work in balance with living systems. The event is free to attend and open to researchers, practitioners, policymakers, students and anyone with an interest in sustainability.

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Past events

2026

2025

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