Lost in Transition: Financial Barriers to Green Growth
Organized by the Private Sector Development Research Network
Hosted by the European Bank for Reconstruction and Development (EBRD)
Moderated by Michelle Brock, Senior Research Economist, EBRD
Friday, 14th February 2025 from 9-10am EST / 2-3pm London Time
LINK TO REGISTER WILL BE AVAILABLE HERE SOON
ABOUT THE SEMINAR
This seminar will be exploring the impact of financial constraints on green innovation. The presenters will discuss their research showing how the Global Financial Crisis halted the growth of climate-enhancing patents. They’ll provide causal evidence that tight credit disproportionately affects green innovation, particularly through its impact on young firms. The seminar will introduce a quantitative framework demonstrating why young firms are crucial for the transition to green technologies, and how credit shocks can slow this transition by hampering their innovation capacity.
ABOUT THE SPEAKER
Maarten De Ridder
Assistant Professor at the London School of Economics
Dr. Maarten De Ridder is an Assistant Professor in the Department of Economics at the London School of Economics. His research focuses on macroeconomic questions, particularly the dynamics of productivity growth, innovation, and market power in the intangible economy. Dr. De Ridder holds a PhD in Economics from the University of Cambridge and has published in leading journals including the American Economic Review. He is affiliated with the Centre for Macroeconomics, the College de France Innovation Lab, and is a Senior Associate at the Programme on Innovation and Diffusion (POID). Dr. De Ridder has been a visiting researcher at several institutions, including Yale University, the Federal Reserve Banks of Minneapolis and St. Louis, the University of Chicago’s Becker Friedman Institute, and the European Central Bank. His work has been recognized with awards such as the Unicredit Foundation Prize for the Best Job Market Paper in Macroeconomics.
Details of Dr. DE RIDDER’s work can be found here.