ESG Risk Management Framework for the Financial Sector (ESG UPTAKE)

Project Start: 09/2023
Status: Ongoing
Researchers: Andreas Knetsch, Carmelo Latino, Loriana Pelizzon, Pallavi Rajan, Katia Vozian
Area: Financial Markets
Funded by: European Commission

The overall objective of ESG-UPTAKE is to strengthen EU Member States national competent authorities' capacity to monitor and address ESG risks in the financial sector. In particular, the project supports a selected group of NCAs in identifying, monitoring and assessing the impact of ESG risks on their respective supervised entities as well as on the entire financial sector, with a view to adopt appropriate supervisory responses and indirectly contribute to the achievement of the overarching EU and national goals in the area of sustainability.

Partner institutions: Ca' Foscari University of Venice (Coordinator), WU University Vienna
Project leaders: Monica Billio, Irene Monasterolo, Loriana Pelizzon
Project duration: 3 years
Involving financial supervisors from 11 Member States: Bulgaria, Croatia, Cyprus, Finland, France, Greece, Ireland, Italy, Latvia, Romania and Slovenia
More information

ESG-UPTAKE - ESG risk management framework for the financial sector
The project is funded by the Directorate-General for Structural Reform Support (DG REFORM) of the European Commission with a total budget of about 4 million €.
Duration: September 1, 2023 - August 31, 2026
Grant Agreement: nr 101145727

Back