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Fighting Climate Change with FinTech
Fighting Climate Change with FinTech
Fighting Climate Change with FinTech
Fighting Climate Change with FinTech
3Apr
Finance

Fighting Climate Change with FinTech

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Speaker:

Professor Alberto Rossi
Hachigian Family Professor of Finance
McDonough School of Business
Georgetown University

Abstract:

We examine the sustainability of consumption choices using unique data from a FinTech app tracking spending and emissions. Using a randomized encouragement design, we show that carbon calculator services that provide transaction-level information on emissions do not change users’ behavior. Instead, carbon-o ffsetting services, though less popular, are effective in reducing emissions. A survey of app users suggests the carbon calculator’s ine ffectiveness stems from users not prioritizing climate change over other economic issues. Limited attention instead explains the low adoption of carbon o setting. These findings highlight the challenges and opportunities of sustainability tools that have been increasingly adopted by financial institutions.

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Other Events
214th Congregation (Summer Congregation 2025)
7Jul-8Jul
Faculty Level | Event
214th Congregation (Summer Congregation 2025)
Grand Hall, Centennial Campus, HKU
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18Jun
Economics | Seminar
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18 June 2025 | 2:15 PM - 3:30 PM
KK 910 K. K. Leung Building, HKU
Prof. Katsumi Shimotsu
Fighting Climate Change with FinTech
About Speaker
Alberto Rossi

Hachigian Family Professor of Finance | McDonough School of Business | Georgetown University

Fighting Climate Change with FinTech
3 Apr 2025
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