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Un institut pour comprendre
les risques financiers liés au

climat par Miriam Berger

L’EDHEC Business School sur son campus de Nice a
transformé son institut sur le climat pour devenir l’ED-
HEC Risk Climate Impact Institute (ERCII), s’appuyant
sur l’expertise développées par l’ancien EDHEC-Risk Ins-
titute au cours des vingt dernières années. ERCII a pour
ambition de devenir un centre de recherche académique
de référence en matière de changement climatique et
ses conséquences sur le monde de la finance et des An Institute for the Understanding of
investissements financiers. L’institut accueille deux
programmes de recherche. Le premier se concentre sur Climate Related Financial Risks by Miriam Berger
la manière dont le climat va changer la valorisation des
actifs pour les financiers. Le second étudie comment The EDHEC Business School has transformed its climate institute to become the EDHEC
les bonnes décisions financières peuvent lutter contre Risk Climate Impact Institute (ERCII) on its Nice campus, drawing on the expertise developed
le changement climatique. Par le biais de publications by the former EDHEC-Risk Institute over the last twenty years. ERCII aims to become a
académiques, de prises de position, d’articles dans les reference academic research center on climate change and its consequences on the
médias dédiées à l’industrie financière, l’ERCII souhaite world of finance and financial investments. The institute hosts two research programs.
aider les décideurs privés et publics à gérer les risques The first focuses on how the climate will change the valuation of assets for financiers.
financiers liés au climat et à tirer le meilleur parti des The second studies how the right financial decisions can fight against climate change.
outils financiers pour accompagner la transition vers Through academic publications, position papers, articles in the media dedicated to the
une économie à faibles émissions et plus résiliente financial industry, the ERCII wishes to help private and public decision-makers manage
face au changement climatique. Sur ces 5 prochaines climate-related financial risks and make the most of financial tools to support the transition
années, l’école ambitionne d’investir 20 millions d’euros to a low-emission economy that is more resilient to climate change. Over the next 5 years,
et héberger 30 à 40 chercheurs. the school aims to invest 20 million euros and host 30 to 40 researchers.

Thales to Develop a Water Propellant
Micropropeller by Miriam Berger

In partnership with the Italian start-up MIPRONS, the Franco-Italian
space company based in Cannes, Thales Alenia Space has launched
a program to develop an innovative microthruster for satellites,
using water as the propellant (a substance used alone or as a
component of a mixture to provide energy). The complex system
is based on an electrolysis process that breaks down water into
hydrogen and oxygen to be introduced into the combustion chamber.
By only charging water, the system would speed up maneuvers
such as orbiting, deorbiting and collision avoidance. The system
being both compact and scalable, it can be used on satellites of
all sizes, from the smallest to the largest. The project is made
possible thanks to the expertise of the Italian startup MIPRONS,
whose mission is to accelerate the orbital positioning of satellites
and to react more quickly in the event of a threat of collision. This
thruster, with its high efficiency and thrust, has the benefit of
extremely low weight and footprint. Specially developed for small
and medium-sized satellites, it will be used on the spacecraft
manufactured in Cannes-La Bocca.

Centre Spatail de Cannes - Siège de Thales Alenia Space

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