The Center for Excellence in Finance and Economic Research (CEFER) of the Bank of Lithuania is bringing forth a student challenge event, the CEFER Challenge. This year’s theme focuses on assessing the economic and financial impact of climate change.
Inspired by the Federal Reserve Challenge in the US, the CEFER Challenge is an annual thematic team competition for undergraduate and/or master level students from various academic disciplines. To participate in the challenge, students must form teams of 3-4 participants. All team members must be academically active students in the given academic year.
In the 1st round of the competition, teams are required to submit a 3-minute video. For the first 1.5 minutes, students should focus on one economic/financial channel and explain intuitively why central banks and financial regulators should care about climate change. Students should use the remaining 1.5 minutes to provide brief evidence to support the suggested channel. Data evidence is preferred; other forms of evidence are acceptable.
The Bank of Lithuania provides monetary rewards for the winning teams (EUR 3000 for the winner and EUR 1500 for the runner-up). Internship possibilities are available at the Bank of Lithuania and partner institutions.
The deadline for registration is 31 March 2022. The deadline for 1st round video submission is the 7 April 2022.
Students interested in participating can find more information here.