Valerio Micale is an Associate Director at Climate Policy Initiative’s London office, where he leads CPI’s work on the financial sector’s transition and on advancing applied research across the organization. With over 20 years of experience in climate finance and sustainability, his expertise also encompasses investment in clean solutions, blended finance, financial modelling and risk analysis, carbon markets, and impact evaluation, including multi-criteria analysis.

Valerio guided CPI’s first science-based Paris alignment analysis and designed and developed the Net Zero Finance Tracker (NZFT) and 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, covering 1,500 financial institutions and USD 286tn in assets. Its data has informed CPI reports on the transition progress of the global financial sector and pension funds, and progress reports by banking authorities, global financial centers, and intergovernmental organizations.

Valerio has also supported the Clean Investment Funds’ sectoral strategies, and the Green Climate Fund’s appraisal process through the design of tools like the Investment Criteria Scorecard (ICS), which significantly improved the effectiveness of climate change programming at the country level and helped strengthen the quality of their projects and programmes. Valerio also led the design of the assessment process of The Global Innovation Lab for Climate Finance (The Lab), and – for five years – led the modelling of innovative financial mechanisms across 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 quantitative models to analyze carbon market trends and help funds and project managers assess carbon credit delivery and market risks.

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