Data and methods to evaluate climate-related and environmental risks in Italy

Luciano Lavecchia, Jacopo Appodia (), Paolo Cantatore (), Rita Cappariello (), Stefano Di Virgilio (), Alberto Felettigh, Andrea Giustini (), Valeria Guberti (), Danilo Liberati, Giorgio Meucci (), Stefano Piermattei, Federico Schimperna () and Katia Specchia ()
Additional contact information
Jacopo Appodia: Bank of Italy
Paolo Cantatore: Bank of Italy
Rita Cappariello: Bank of Italy
Stefano Di Virgilio: Bank of Italy
Andrea Giustini: Bank of Italy
Valeria Guberti: Bank of Italy
Giorgio Meucci: Bank of Italy
Federico Schimperna: Bank of Italy
Katia Specchia: IVASS

No 732, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: Monitoring climate-related (and environmental) financial risks requires high quality and highly granular data. However, these are scarcely available, except for little data on a small number of counterparty firms. This paper sheds light on the sustainable data gap in Italy, with a special focus on the climate and environmental components. First, we take stock of the data needs arising from firms’ transition plans, commitments to net zero, and financial analyses, to which the requirements arising from international, European and national regulations, as well as from supervisory demands, were added. Second, we map the existing and available data regarding climate, energy, GHG emissions, climate-related financial risks, as well as existing but inaccessible data. Finally, we highlight any missing data, pointing out the areas that are most affected by the data gap.

Keywords: sustainable data gap; climate change; sustainable finance; physical risk; transition risk; GHG emissions; energy (search for similar items in EconPapers)
JEL-codes: C81 Q48 Q54 (search for similar items in EconPapers)
Date: 2022-11
New Economics Papers: this item is included in nep-ene and nep-env
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