Irene Monasterolo

Irene Monasterolo is a Non-resident Fellow at Bruegel. She specialises in the links between climate change, finance, macroeconomic stability and debt sustainability.

She covers how climate scenarios of physical and transition risk affect financial systems, sovereign debt and investment decisions, and develops models for climate stress-testing, macrofinancial analysis and adaptation finance. Her research also explores the introduction of climate and nature risks into debt sustainability analyses, the design of sovereign financial instruments for adaptation, and the integration of finance into climate scenarios.

She speaks English and Italian.

She is also a Full Professor of Climate Finance at Utrecht University, a Visiting Professor at Vienna University of Economics and Business, a CEPR Research Fellow and a SUERF Research Fellow. In 2025, Irene was appointed a Lead Author of the 7th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) for Working Group III, Chapter 7 (Finance). She holds a PhD in Agri-food Economics and Statistics from the University of Bologna.

Disclosure of interests

Declaration of interests 2026

Declaration of interests 2025