
Workshop on Sustainable Finance and Development
University of Naples Federico II
5 – 6 February 2026
Location: University of Naples Federico II
Monte Sant’Angelo, Building 1, MEF Room
Format: 25 min presentation + 10 min discussion + 5 min Q&A
Day 1 (February 5, 2026)
13:00 – 14:10 Registration and light lunch
14:10 – 14:20 Welcome from the department head: Antonio Acconcia (University of Naples Federico II)
14:20 – 14:30 Kick-off of the workshop activities: Alberto Zazzaro (University of Naples Federico II)
14:30 – 15:50 Session 1: Chair: Andrea Uselli (University of Insubria)
Climate Risk Attention and Cryptocurrencies
Carmine Russo (Vienna University of Economics and Business)
Discussant: Gianluca Gucciardi (University of Piemonte Orientale)
Banking on Conflict: Managers and Organizational Design
Luca Picariello (University of Naples Federico II) and Nicola Limodio, Tom Schwantje
Discussant: Giovanni Ferri (LUMSA University)
15:50 – 16:10 Coffee break
16:10 – 18:10 Session 2: Chair: Alessandro Sapio (University of Naples Parthenope)
Severe Weather and Collateral Practices
Cristina Cella (Sveriges Riksbank) and Valentin Schubert
Discussant: Angela Gallo (Bayes Business School)
Climate Shocks and Corporate Financial Risk: Global versus Local Effects
Demetrio Guzzardi (University of Calabria) and Francesco De Simone, Sandro Rondinella, Damiano B. Silipo, Francesco Trivieri
Discussant: Luca Pennacchio (University of Naples Parthenope)
Environmental Hazard, Firm Capital Structure and Employment of Italian Firms
Tommaso Oliviero (University of Naples Federico II) and Emanuela Benincasa, Alberto Zazzaro
Discussant: Chiara La Cava (University of Naples Federico II)
20:00 – 22:00 Social Dinner
Day 2 (February 6, 2026)
9:30 – 11:30 Session 3: Chair: Damiano B. Silipo (University of Calabria)
Rethinking reputation. Environmental disclosure in foreign-owned Italian firms
Marco Cucculelli (Polytechnic University of Marche) and Noemi Giampaoli, Matteo Renghini
Discussant: Sara Moccia (University of Naples Federico II)
From un-rated to rated: How ESG ratings impact the debt pricing of listed firms
Alberto Citterio (University of Insubria) and Andrea Bellucci, Farooq Kambar, Rossella Locatelli, Andrea Uselli
Discussant: Sandro Rondinella (University of Calabria)
Market Structure and Managerial Incentives in ESG Ratings Market and Investments
Youpeng Zhang (ZEW)
Discussant: Emmanuel Caiazzo (University of Naples Parthenope)
11:30 – 12:00 Coffee break
12:00 – 13:00 Keynote lecture
Chair: Rossella Locatelli (University of Insubria)
Weathering the Storm: The Effects of Natural Disasters on Households under Full Insurance
Emilia Garcia Appendini (University of St Gallen) and Caroline Espegren, Sigurd Galaasen, Mathis Mæhlum
13:00 – 14:00 Lunch break
14:00 – 15:20 Session 4: Maria Rosaria Carillo (University of Naples Parthenope)
Italy’s Green Transition: Evidence from an Estimated E-DSGE Model
Fabio Di Dio (University of Rome La Sapienza) and Barbara Annicchiarico
Discussant: Riccardo Silvestrini (University of Naples Federico II)
Temperature news and the energy channel
Francesco S. Lucidi (University of Naples Federico II) and Alessandro Franconi, Marta M. Pisa
Discussant: Giovanni W. Puopolo (University of Naples Federico II)
15:20 – 15:40 Coffee break
15:40 – 17:00 Session 5: Chair: Rocco Ciciretti (University of Rome Tor Vegata)
Banking development and renewable energy adoption in Italy
Pier Luigi Murro (Luiss University) and Valentina Peruzzi
Discussant: Carla Guerriero (University of Naples Federico II)
Resilience after Climate Shocks: Evidence from SBA Disaster Loans
Saverio Simonelli (University of Naples Federico II) and Federico Esposito
Discussant: Ettore Panetti (University of Naples Federico II)
Organising and Scientific Committee:
Andrea Bellucci (University of Insubria and MoFiR)
Giulia Bettin (Polytechnic University of Marche and MoFiR)
Rossella Locatelli (University of Insubria)
Tommaso Oliviero (University of Naples Federico II, CSEF and MoFiR)
Damiano Silipo (University of Calabria)
Alberto Zazzaro (University of Naples Federico II, CSEF and MoFiR)
Additional Information:
Questions may be addressed to: tommaso.oliviero@unina.it
We acknowledge the financial support from the PRIN funds 202259EZSJ and P20227JN7R
Program can be downloaded here: Sustainable Finance and Development_workshop program