Ulrich Volz is Professor of Economics and Director of the Centre for Sustainable Finance at SOAS, University of London. He is also a Senior Research Fellow at the German Development Institute, a Visiting Professor at the London School of Economics and Political Science, and Honorary Professor of Economics at the University of Leipzig. Ulrich is a director of the Global Research Alliance for Sustainable Finance and Investment and serves on the advisory panel of the Glasgow Financial Alliance for Net Zero (GFANZ) and the advisory committee for the Climate/SDGs Debt Swap Mechanism of the UN Economic and Social Commission for Western Asia. He is a member of the CEPR Sustainable Finance Research and Policy Network, the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability, and the World Bank’s Green Recovery Monitoring and Evaluation Technical Working Group.


At SOAS, Ulrich previously served as Head of the Department of Economics and Member of the University’s Executive Board. Ulrich was Banque de France Chair at EHESS in Paris, and also taught at Peking University, Kobe University, Hertie School of Governance, Freie Universität Berlin, Central University of Finance and Economics in Beijing, and the Institute of Developing Economies in Tokyo. He spent stints working at the European Central Bank and the European Bank for Reconstruction and Development and held visiting positions at the University of Oxford, University of Birmingham, ECB, Bank Indonesia, and Aoyama Gakuin University in Tokyo. Ulrich was part of the UN Inquiry into the Design of a Sustainable Financial System and has acted as an advisor to several governments, central banks, international organisations and development agencies on matters of macroeconomic policy, sustainable finance and development.

Research interests

  • Sustainable finance and investment
  • Strengthening macrofinancial resilience to climate and environmental change
  • Central banking and monetary economics
  • Financial market development and stability
  • International finance


Research - 2023

Research - 2022

Research - 2021

This article investigates the use of one specific monetary policy tool, namely window guidance, by the Peoples’ Bank of China (PBC) and the China Banking Regulatory Commission (CBRC) to encourage financial institutions to expand credit to sustainable activities and curb lending to heavy-polluting industries. Read more


Policy - 2023

Policy - 2022

Policy - 2021

Policy - 2020


Books - 2022


News - 2023

News - 2021

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