“Assessing the Link between Climate Change and Regulatory Capital”

Kevin Stiroh is an accomplished leader in financial services with 30 years of experience in banking supervision and policy development, risk management, corporate governance, economic research, financial analysis, and large-scale organizational change.

Most recently, Stiroh was a senior advisor in the Division of Supervision and Regulation at the Board of Governors of the Federal Reserve System, where he designed and led the Fed’s microprudential approach to the financial risks of climate change. He also served as cochair of the Basel Committee on Banking Supervision’s Task Force on Climate-Related Financial Risks.

Prior to that role, Stiroh served as executive vice president and head of the Supervision Group at the Federal Reserve Bank of New York and on the New York Fed’s Executive Committee. Kevin also was cohead of the Market Operations, Monitoring, and Analysis team, where he led work on the implementation of monetary policy, financial stability analysis, and discount window operations.

Stiroh’s academic research includes work on productivity and the sources of economic growth, the economic impact of information technology, the performance of financial institutions, and the financial risks of climate change. His research has been published in the American Economic Review, Brookings Papers on Economic Activity, Journal of Banking and Finance, Journal of Economic Perspectives, Journal of Money, Credit and Banking, Review of Economics and Statistics, and other academic and business publications.

Stiroh is the director of Climate-related Financial and Macroeconomic Risk Initiative, a research collaboration between Harvard University and RFF.