A few years back, I don’t think that markets were attuned at all to the financial risks associated to climate.
Lisa Goldberg has observed that the economic impact of climate risk is only now being recognized by investors. In 1993, Goldberg left academia to join Barra, where she was principal scientist for multi-asset class risk models. In 2004, Barra merged with MSCI and Lisa became Executive Director of Research. In that position, Goldberg’s research focused on credit, risk due to extreme events, and asset allocation. Goldberg is now Director of Research at the Aperio Group and Director of Research at the Center for Risk Management Research at UC Berkeley.
Goldberg is an inventor on five patents. She is the author of more than 40 articles in peer-reviewed journals and a book, Portfolio Risk Analysis, which was published by Princeton University Press in 2010. Goldberg has been awarded numerous research grants including an Alfred P. Sloan Fellowship and an NSF Visiting Professorship for Women.