Jakob Thomae is Managing Director of 2° Investing Initiative Deutschland. He co-founded the 2° Investing network in New York and Berlin and manages the think tank’s research on climate scenario analysis and stress-tests for financial institutions and companies, as well as its supervisory and governmental partnerships.
Jakob led the development of the first climate scenario analysis tool for financial portfolios, applied by over 1,000 organizations around the world running about 600 portfolio tests a month. The tools are used by one third of the largest 75 banks, and the Japanese, European, and California financial supervisory authorities. He authored the first COVID-19 stress-test scenarios, informing the regulatory response of supervisors in Europe and the United States to the crisis.
Jakob also leads the organization’s partnerships with a number of financial supervisors and governments in Europe, including as Advisor to EIOPA, Special Research Fellow to the Japanese Financial Services Agency, and previously as Academic Advisor to the Bank of England. He holds a PhD in Finance from the Conservatoire National des Arts et Metiers. Jakob is also Senior Fellow at the School of Oriental and African Studies, University of London, where he teaches a Green Finance course.