A Trieste a new path opens up for those who want to tackle one of the most current challenges: "the assessment of risks linked to climate change and correlations with the financial market". The University of Trieste has signed a 15-year agreement with Generali e ModeFinance, spin-off of the University and part of the group TeamSystem, to give life to this new professional figure.
The Climate and Financial Risk Modeling Expert
The project “Climate and Financial Risk Analysis in the Market Ecosystem” supports the new curriculum “Physics of Complex Systems, Climate and Finance” in the Master’s Degree in Physics, a unique path in Italy that integrates science, finance and climate change.
Thanks to this collaboration, the University of Trieste has planned the creation of a new chair and the financing of a PhD scholarship dedicated to the study of the "critical issues (market, finance, damages, floods, rainfall...) linked to the rapid evolution of the climate”. The Department of Physics, already equipped with a strategic chair, will welcome a professor responsible for training experts in climate and financial modeling.
Generali and ModeFinance will contribute to teaching with lessons and seminars, integrating theory and practice, and will actively participate in research projects together with other entities of Sistema Trieste, such as Harp fvg e ListSpa.
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The Rector Roberto Di Lenarda defined the new course as “one of the brightest examples of the level of innovation and adherence to the needs of the job market”. He underlined how the collaboration with Generali and ModeFinance enhances the skills of the Master's Degree in Physics, offering students a direct connection with important entrepreneurial realities.
For Generals, Charles Ferrara, group chief risk officer, stressed that “this initiative is not simply an academic agreement, but the realization of a shared vision” to develop skills useful for addressing the challenges of climate change. He stressed the importance of training figures capable of interpreting “the complexity of environmental, social and financial phenomena”, in line with the objective of the curriculum and the doctoral scholarship.
Valentino Footpath, co-founder and CEO of ModeFinance, “this initiative is not simply an academic agreement, but the realization of a shared vision” to develop skills useful for addressing the challenges of climate change. He stressed the importance of training figures capable of interpreting “the complexity of environmental, social and financial phenomena”, in line with the objective of the curriculum and the doctoral scholarship.
