Valerio Micale is an Associate Director at Climate Policy Initiative’s London office. With more than 15 years of experience in climate finance and sustainability, he leads CPI’s work on financial sector’s transition and contributes to advancing research across the organization. His work and expertise also encompass investment in clean solutions, blended finance, financial modelling and risk analysis, carbon market assessment, emission mitigation evaluation, network analysis, material flow analysis, energy access and transition needs assessment, and impact evaluation, including multi-criteria analysis.

Valerio is currently driving CPI’s work on financial sector’s transition to net zero. He guided CPI’s first science-based Paris alignment analysis, designed and developed the first version of the Net Zero Finance Tracker (NZFT) and continues to lead and oversee its subsequent expansions. The NZFT is an open-data platform that monitors the financial sector’s transition from net-zero commitments to tangible actions and impacts. It integrates data from over 50 sources and more than 600 variables across 1,500 financial institutions, covering USD286tn in assets. Its data have informed CPI reports on the transition progress of the global financial sector and pension funds, as well as research by global financial centers and leading research initiatives.

Valerio has also developed tools and strategies for organizations such as the Green Climate Fund (e.g. development of an “Investment Criteria Scorecard” assessing funding proposals), and the Clean Investment Funds. He also led the design of the assessment process of the Global Innovation Lab for Climate Finance, as well as the analysis of several innovative financial mechanisms under the program.

Before joining CPI, Valerio was a researcher at Bocconi University, where he worked on projects related to sustainability and corporate environmental accountability. Prior to that, he worked for First Climate Zurich, where he was involved in risk management, and developed complex statistical models to analyze carbon market trends and help funds and project managers assess carbon asset risks.

Valerio holds a Master’s degree in Business Economics and a Master’s degree in Environmental Management and Economics from Bocconi University.