Members

Co-directors

Luca Taschini, Centre Director

Luca is an economist with expertise in financial economics, applied industrial organisation, and environmental economics. He is Chair of Climate Change Finance and Professor at the University of Edinburgh. Luca is a Visiting Senior Fellow at the Grantham Research Institute at the London School of Economics and a Fellow at CESifo Energy and Climate Economics, Munich.

Theodor Cojoianu, Co-director of Research Development

Theodor is an Associate Professor in Sustainable Finance. His work is at the intersection between sustainability, data science and finance is focused on applying innovative research methods to the study of sustainable development issues. His work has led him to be invited as a Member of the European Commission's Platform on Sustainable Finance, where he advises the Commission on EU sustainable finance policy and on HM Treasury's Green Technical Advisory Group.

Mengfei Jiang, Co-director of Research Development

Mengfei is a Lecturer in Finance at the University of Edinburgh Business School. Her experience includes research roles at the University of Edinburgh and Heriot-Watt University. Mengfei's interdisciplinary research spans carbon pricing, climate change policies, low-carbon project financing, and the integration of climate change mitigation into corporate strategy. She has also consulted on World Bank Group-funded projects related to carbon markets and energy-efficient solutions.

Members

Karishma Ansaram

Karishma is Lecturer in Climate Finance and Investment with a research focus on enhancing access to climate finance for the local community. She is a fellow under the African Group of Negotiators Expert Support- AGNES' Women as Transformative Leaders in Climate Change Programme (supported by AfDB and Climate Investment Funds). She is a visiting lecturer with IESEG School of Management, France. She has been a research fellow on NDC Financing in Africa with ARIN (Kenya) and Frankfurt School of Finance and Management (Germany).

Kristina Auxtova

Kristina is a Lecturer in Marketing at University of Edinburgh Business School, specialising in questions of ethics and sustainability in advertising and consumption, particularly within the public and non-profit contexts. Her current work within the sustainability domain focuses on second-hand consumption and the role of charity shops in the circular economy.

Elizabeth Bomberg

Elizabeth is Professor of Environmental Politics at the University of Edinburgh with particular expertise in comparative environmental policymaking, climate mobilisation and multilevel governance. She holds advisory posts at the University College Dublin Earth Institute and serves as Sustainability lead for the University’s UNA Europe1 project. She is an award-winning teacher in the area of sustainability and environmental policy.

Matthew Brander

Matthew is a Senior Lecturer in Carbon Accounting with expertise in corporate-level GHG accounting, product life cycle assessment, project, and policy-level accounting. He has a particular interest in consequential forms of accounting for assessing the system-wide change in emissions caused by projects, policies, and other forms of intervention.

Raffaella Calabrese

Raffaella is a statistician with expertise in credit risk modelling, Fintech, Open Banking, climate stress testing and access to finance for small businesses. She is Professor of Statistics and Finance at the University of Edinburgh.

Miguel de Carvalho

Miguel de Carvalho is the Chair of Statistics at the School of Mathematics, University of Edinburgh. His research interests are diverse, spanning applied statistics, biostatistics, econometrics, risk analysis, and statistics of extreme events. Miguel is the former Director of the University of Edinburgh Centre for Statistics and current Co-Director of the Edinburgh Centre of Financial Innovation.

Lucia Cervi

Lucia is an interdisciplinary academic with a background in political science, human rights, and Corporate Social Responsibility. She is broadly interested in the social aspect of sustainability, from a critical and qualitative perspective. Her current research focuses on the ethical implications of digitalisation, the digital vulnerabilities emerging from FinTech, and the socio-political implications of Big Tech practices.

Adam Chalmers

Adam is a Senior Lecturer in Politics and International Relations at the University of Edinburgh and a Senior Visiting Research Fellow at King's College London. His areas of expertise includes corporate sustainability policy, corporate lobbying, and natural language processing. He is the co-academic lead of Carrots & Sticks, a large-scale database and repository of Corporate Sustainability Policy.

Ian Cochran

Ian is a part-time member of the Business School faculty and B-CCAS. He is also the Head of Consultancy at Changeworks, a social enterprise focused on decarbonising Scotland's homes. He has worked in the area of climate and investment policy for close to 15 years in think tank and more recently academic settings. His expertise includes instruments and modalities of public climate investment; blended finance; sectoral policy frameworks; energy efficiency investment and finance; and Paris Alignment / Net Zero approaches.

Gbenga Ibikunle

Gbenga is a Professor and Chair of Finance at the University of Edinburgh, and as the Director of the Edinburgh Centre for Financial Innovations, he leads on strategic FinTech and Financial Services initiatives at the University. He is Director of the NatWest Group-funded Centre for Purpose-Driven Innovation in Banking, a Fellow at the RoZetta Institute in Sydney, Australia, Member of the Bank of England and HM Treasury’s CBDC Academic Advisory Group, and a Council Member of the World Economic Forum’s Global Future Council on the Future of Resilient Financial Systems.

Owen Kelly

Owen became an academic after a career in government and business. He is Director of Engagement and Internationalisation at the Business School and he leads the internationalisation work at the Edinburgh Futures Institute. He holds a PhD in philosophy as well as degrees in Social Policy and in Chinese. He is an Honorary Fellow of the Chartered Banker Institute and his work for charities and the finance industry was recognised under the UK’s honours system in 2016.

Craig Mackenzie

Craig's work focuses on how to finance nature restoration and ecosystem services, especially carbon removals. He has had a long career in asset management, working as head of sustainable investment, head of strategic asset allocation and as climate portfolio manager. Craig holds has several non-exec roles with the Scottish Land Commission, RSPB Scotland and the Financial Reporting Council. Craig set up Centre for Business and Climate Change in 2008 (now B-CCaS).

Bernice Maxton-Lee

Bernice is Executive Education Lecturer in Sustainability and Climate Change. Her 20-year career spans business, academia, and NGOs across Asia and Europe in pursuit of sustainability. She specialises in bridging the communications gap between science, research, and business, across diverse cultures, and says of sustainability “Don’t wait for a perfect moment. What can we do, right now, with the resources we have?”.

Ishbel McWha-Hermann

Ishbel is a work psychologist and Senior Lecturer in International Human Resource Management. Her research focusses on social justice at work, with a particular focus on fairness, decent work and sustainability. She is interested in the role of organisations in addressing poverty and inequality, and how organisational policies and practices can impact wellbeing and quality of life for workers, their families, organisations and society. Ishbel is Director of Project Fair, focused on fair reward in international NGOs.

Michelle O'Keeffe

Michelle is a Senior Research Fellow in Carbon Accounting with expertise in corporate-level greenhouse gas accounting and impact investing. She has a particular interest in avoided emissions accounting at the corporate level.​ Michelle joined the Faculty in 2023 following a career in the fields of environmental consulting, climate not for profit and investment management, spanning over 20 years.

Lavinia Rognone

Lavinia is a Lecturer (Assistant Professor) in Sustainable Finance with expertise in climate change and environmental finance with particular interest in international financial markets, asset pricing, and portfolio management, as well as the application of textual analysis methods. She is also a visiting Research Fellow at King’s College London and an Associate Editor of the Research in International Business and Finance (RIBAF) journal.

Agnessa Spanellis

Agnessa is a Senior Lecturer in Systems Thinking with expertise in gamification applications in the context of sustainability. She is a director of a Gamification and Systems Thinking lab. She is particularly interested in how gamification can enable knowledge to cross boundaries, e.g., cultural, domain or social boundaries, to support decision making, and how gamification can help us to understand complexity in systems.

Angela Tregear

Angela is Professor of Marketing at University of Edinburgh Business School, specialising in sustainability in agrifood systems and supply chains, and the rural environment. As an applied social scientist, her work explores the behaviours of institutions, organisations and individuals and the consequences for sustainability outcomes. She also provides carbon accounting services for public catering bodies.

Fernanda Valente

Fernanda is a Research Fellow in Sustainable Analytics. Her research combines Bayesian spatial and spatio-temporal modelling with applications in climate and environmental risks. She has worked on the analysis of extreme weather events, climate variability, and, more recently, on the links between biodiversity loss and credit risk.

Gian Luca Vriz

Gian Luca is a research fellow in climate data science and nature statistics at the University of Edinburgh Business School. He earned his PhD in Statistics from the University of Padua in 2025, with a dissertation on climate risk management developed in collaboration with Prometeia. His work focuses on assessing the potential impacts of the green transition on the financial system, as well as evaluating the implications of EU policies such as the Carbon Border Adjustment Mechanism.

Yupu Zhang

Yupu is a Lecturer (Assistant Professor) in Sustainable Finance at the Business School. Prior to joining the University of Edinburgh, Yupu worked as Lecturer (Assistant Professor) in Finance at the Adam Smith Business School, University of Glasgow. He has been a visiting professor at the University of Hong Kong and Tsinghua University since 2022, and was a visiting scholar at Imperial College London during the year 2019-2020.

External Members

Murillo Campello

Murillo is a Professor and Eminent Scholar in Finance at the University of Florida. He is an internationally recognized scholar of Financial Economics, his papers have been cited by prominent policy authorities, such as the Federal Reserve chairman, mentioned in Congressional hearings, described in the “Economic Report of the President,” and used to advise the U.S. Supreme Court. His work on the Financial Crisis and Covid-19, in particular, has been widely shared. Murillo is the Managing Editor of The Journal of Financial Intermediation, Research Associate of the National Bureau of Economic Research, and a Director of Research at the University of Cambridge.

Chris Adcock

Chris was formally Professor of Quantitative Finance at SOAS, University of London, and Professor of Financial Econometrics at the University of Sheffield. His research interests include portfolio selection, asset pricing theory, asymmetric returns and development of quantitative techniques for portfolio management. He is the sometime advisor to several international investment managers, founding editor of The European Journal of Finance and was previously associate editor of several finance journals and Series C and D of the Journals of the Royal Statistical Society.

PhD students

Visiting Fellows

Leonardo Bortolan

Leonardo Bortolan earned his PhD in Statistics from the University of Bologna and currently serves as a senior economist at Prometeia. In his role, he specialises in modelling and forecasting financial time series, particularly focusing on interest rates. His expertise extends to examining the behaviour of these rates under various climate scenarios. His research interests encompass the accurate assessment of climate risk drivers, both physical and transitional, and their impact on various financial instruments.

Michael Bushnell

Michael is a Managing Director and head of UK sustainability advisory at Cardano, a specialist advisory and investment management firm. In 2019, Michael founded Cardano’s sustainability team in the UK to focus on assessing and integrating sustainability matters into the strategic decision making of corporate and pension trustee clients. An accountant by training, Michael has been advising clients on strategic and financial issues since 2008 and is currently based in Tokyo. Michael graduated in 2003 with a degree in Philosophy from the University of Cambridge.

Oguzhan Cepni

Oguzhan is an economist specialising in financial economics, macroeconomic forecasting, and environmental economics. He holds a PhD in Economics from Copenhagen Business School and focuses on assessing the impacts of climate risks on financial markets and the macroeconomy, with a keen interest in developing effective mitigation policies.

Charlotte Challis

Charlotte is a passionate advocate for the power of Internal Carbon Pricing to drive change and prepare organisations for a carbon constrained future. She is an engineer who, since 2005, has worked on decarbonisation, systems, and now on Internal Carbon Pricing. Charlotte was the lead for Internal Carbon Pricing within the global sustainability consultancy Anthesis. Her experience includes: internal carbon pricing, climate risk, process and energy mapping in manufacturing, Life Cycle Assessment, GHG reporting, process optimization in food & drink, and decision support in process control.

Federico Di Credico

Federico has extensive experience in developing new climate ventures and innovative solutions for environmental markets. He is currently the Chief Sustainability and Innovation Officer of ACT Group, the interim CEO of Climate Action Data Trust (CAD Trust), and the vice Chair of the International Emissions Trading Association (IETA).

Lissy Langer

Lissy is a Postdoc in Energy Systems Modelling at the Technical University of Denmark (DTU). Her work analyses the system impacts of energy policies such as renewable fuel regulations. She is a member of the Technical Working Group that revises the scope 2 GHG accounting rules.

Claudia Melim-McLeod

Claudia is a practitioner with over 20 years’ experience in governance, climate, natural resource management and sustainable finance. She is the Director of Future Horizons Institute in Norway and her research interests include the impact of global agricultural and mineral commodity value chains on biodiversity, nature-related financial risk management, and the development of sustainable finance in China.

Uzoamaka Nwamarah

Uzoamaka is a Climate Change Adviser at the Commonwealth Secretariat, where she leads strategic initiatives on climate finance, Nationally Determined Contributions, and gender and youth responsive climate action. She previously held senior roles at the African Development Bank in Tunisia and Ivory Coast, and at Atkins Realis UK. Uzoamaka holds an MSc Environmental Science and Technology from Imperial College London and is a Certified Expert in Climate Adaptation Finance. She also serves on the Board of the University of East London and on the Court of Imperial College London.

Corinna Olearo

Corinna Olearo works at Nestlé, where she leads the team responsible for market analysis and price risk management of commodities. Since 2008, she has been involved in studying the market and price dynamics of agricultural commodities and managing price risk through the use of financial derivatives. Additionally, Corinna actively participates in projects that assess the impact of climate change and ESG regulations on raw materials as well as on the end-to-end supply chain of large multinational companies. She graduated in 2003 with a degree in Political Economy from the University of Rome La Sapienza and obtained a Master's degree in European Economics from the College of Europe in Bruges.

Lorenzo Prosperi

Lorenzo Prosperi earned his PhD in Economics from the Toulouse School of Economics in 2019 and LUISS University in 2015. He is currently a Principal Economist at Prometeia, where he oversees multiple research projects in the areas of financial markets, banking, asset allocation, ESG and climate change. His research focuses on climate scenarios for firms and sovereigns, as well as the pricing of transition and physical risks in asset prices. During his PhD, he explored the effects of political frictions on government borrowing decisions and analysed the macroeconomic implications of macroprudential regulation on sovereign debt.

Dario Salerno

Dario is an Associate Professor of Banking and Finance at the University of Naples Parthenope (DISAQ), specialising in international finance and sustainability. He serves as Associate Editor for leading finance journals and is an Advisory Member of the Oxford Impact Group and the Center for Sustainability and Climate at Prince Sultan University.

Andrea Zaghini

Andrea is a Principal Economist with the International Financial Markets Division of the International Relations Directorate at the Bank of Italy. Previously he was Senior Lead Economist in the DG-Research of the European Central Bank. He holds a PhD from Rome La Sapienza. He is also involved in post-graduate teaching in Sustainable Finance. His research interests range from monetary economics to international financial markets and climate change issues.

Sarah Zhang

Sarah earned her PhD in Economics from Karlsruhe Institute of Technology and is currently an Assistant Professor of Finance at Alliance Manchester Business School. Her research interests include FinTech, Experimental and Behavioral Finance, and Market Microstructure. Her current research projects focus on physical and transitional climate risks and news in financial markets, financial inclusion in bank lending and open banking, and innovations in corporate disclosure.

Claire Zheng

Claire is an ESG Principal at Seismic Change, leading Private Equity advisory on ESG value creation on the fund and Portfolio Company level, especially leveraging reporting as a strategy tool. Previously, Claire was an ESG Associate Director at Cardano where she advised multi-billion pension fund trustees on covenant exposure to climate change and participated in various stewardship initiatives for Cardano Asset Management. In addition to private sector experience, Claire also worked in climate risk management at Citi Group and Barclays in-house, established climate risk framework and built climate stress test modelling to enable strategic lending decisions.

Find out how you can get involved with B-CCaS:

Work with us