Frontiers of Finance: How Carbon Markets Can Help Save Tropical Forests

Date
Apr 6, 2022, 12:15 pm1:20 pm
Location
Room 397, Julis Romo Rabinowitz Building

Details

Event Description

In-person   Zoom registration

This workshop will be held in hybrid format, both on Zoom and in person. Registration is required for either attendance option. In-person attendance is restricted to current Princeton University ID holders. Open to the public on Zoom.

Tropical deforestation due to agricultural expansion or logging is a major contributor to global warming. In many emerging markets contexts, it's often more profitable to clear forests than to preserve them. Can finance shift this profit motive and how? Noted finance industry leader Wilson Ervin will talk about the potential for financial instruments like carbon markets and green bonds to shape incentives and transform how forest lands are owned and managed.

Wilson Ervin
Ervin Wilson '82

Wilson Ervin '82 is a board member at Environmental Defense Fund’s National Council, Equilibrium Capital, and City Harvest. Mr. Ervin worked for many years at Credit Suisse, most recently as Vice Chairman. He was the Chief Risk Officer of the bank during the financial crisis and a member of the Executive Board. Prior to that Mr. Ervin he held various responsibilities in capital markets (both fixed income & equity), derivatives product design, investment banking, and Mergers & Acquisitions. Mr. Ervin was given Risk Magazine’s “Lifetime Achievement Award” for his work in designing and developing the “bail-in” strategy to address the too-big-to-fail problem. Mr. Ervin received his A.B., summa cum laude, in Economics from Princeton University.
Sponsor
The Julis-Rabinowtiz Center for Public Policy & Finance