Financial Systems Simulation and Policy Modelling

This project proceeds from the vision that fundamental advances of policy modelling in finance and climate finance can only stem from a genuinely interdisciplinary approach where network science, big data and ICT's meet economics and financial regulation. Accordingly, on the one hand we will develop new methods to assess the systemic importance of market players in (climate) financial networks and we will evaluate the effect of regulations in close collaborations with representatives of various regulatory bodies. The results will contribute to the discussion on how financial innovations could ignite a transition towards a greener economy and a more sustainable financial system. On the other hand, we will leverage on open data initiatives and semantic web to empower citizens with a more active role in relation to EU policies, by crowd-sourcing the mapping of the networks of influence involved in the policy making process.