Provash Sarker

Exploring Climate Change, Green Finance, and Monetary Policy


Welcome!

I am Provash Sarker, and I received my Ph.D. in Economics from Wuhan University in 2024. I am currently a Joint Director at Bangladesh Bank (Central Bank of Bangladesh). My research examines how heterogeneity in climate change, geopolitical fragmentation, and policy uncertainty influences macroeconomic dynamics and the transition to low-carbon economies. 

I am seeking postdoctoral positions starting in 2026 to advance our understanding of how financial markets can facilitate climate adaptation while managing transition risks. My research agenda focuses on three key questions: (1) How do carbon pricing mechanisms affect cross-border capital flows? (2) What role can central banks play in financing green transitions in emerging economies? (3) How do geopolitical shocks alter the effectiveness of monetary and climate policies? I combine causal machine learning with traditional econometrics to answer these questions with policy-relevant precision. 

I am particularly interested in collaborative environments at the intersection of quantitative macroeconomics, monetary and financial economics, and energy and climate economics.

Key Metrics

  1. Citations: 570 (Google Scholar) | 337 (Scopus) | 273 (WoS) [As of 03 February 2026]
  2. H-index: 9 (Google Scholar) |  7 (Scopus)  |  6 (WoS)
  3. Programming:  R  | Python (basic)

Research Interests

Quantitative Macroeconomics  |  Financial Economics  |  Environmental and Energy Economics  |  Geoeconomics.

 Teaching Interests

  1. Environmental and Energy Economics 
  2. Financial Economics and Climate Risk 
  3. Monetary Policy, Financial Markets and Geopolitics

Technical Skills 

  1. Econometrics: Time-series and Panel Data Analysis
  2. Machine Learning: Causal Forests, Double ML, Lasso Regression
  3. Software: Stata, R, and Python (basic) 

Awards and Recognition

  1. Dean's Award for Academic Performance – 2019
  2. MOFCOM Fellowship  – 2018
  3. RePEc Ranking  – Ranked 18th among economists in Bangladesh (January 2026, Publications last 10 years)  

Scientific Profiles

What drives my research 

My research is motivated by a fundamental tension: how can developing economies achieve sustainable growth while meeting climate commitments and weathering geopolitical shocks? Coming from Bangladesh, a country on the front lines of climate change, I have witnessed firsthand how policy uncertainty and geopolitical tensions complicate this challenge. 
Current research directions 
      → Climate change and its nonlinear macroeconomic effects 
      → Carbon markets and cross-border spillovers 
      → Climate-energy-macro nexus under geopolitical fragmentation
      → Inflation dynamics and heterogeneity
      → Central bank policies, climate finance, and energy transition 

Solo Working Papers and Projects

  1. Geopolitical Risk, Wartime Economic Policy Uncertainty, and Carbon Intensity [Under Revision
    → Do wars make countries dirtier? This paper examines how geopolitical risk and wartime uncertainty shape carbon emissions across different intensity levels.

  2. Energy Price Shocks and Climate Concern: Evidence from Causal Forest Analysis [Under Review]
    → Using causal forest analysis, this paper reveals that energy price shocks reshape climate attitudes unevenly — with divergent responses across demographic groups.

  3. How Markets Respond to Biodiversity Disclosure: An Event Study with Sentiment Overlay
    → This paper provides early evidence that voluntary biodiversity disclosure commitments are value-relevant. 

  4. Modelling Bank Lending toward Green Transition [Link]
    → Can banks finance the green transition fast enough? This project models lending behavior under climate policy and capital constraints.

Latest Publications

  1. Tariffs and Turmoil: Energy Market Volatility Amid US-China Trade Escalation
     Energy Research Letters, (2025) ||  ✓ Accepted
    [PDF]  [🔗 DOI]  
    → Shows how tariff escalation transmits through energy markets, with  implications for green transition planning

  2. Quantile Effects of Climate Policy Uncertainty, Economic Policy Uncertainty, and Interest Rates on REIT Returns: Evidence From the United States
     Economics Notes, (2025)  ||  ✓ Published
     [🔗 DOI]  
    → First study to document heterogeneous effects across the return distribution 

  3. Inflation in Tourism Sector: New Evidence From Climate and Geopolitical Spillover Effects International Journal of Tourism Research, (2025)  ||  ✓ Published
    [🔗 DOI]
    → Reveals how climate shocks create persistent inflation in service sectors

Conference Presentations

  1. "The asymmetric effects of energy inflation, agri-inflation, and CPI on agricultural output: Evidence from the NARDL and SVAR models for the UK". Paper presented at the Pacific Rim Conference for Digital Technology and Green Growth, (2023, July 15–16). Tokyo, Japan.

  2. "The Central Bank of Bangladesh and Foreign Exchange Reserve Management". Presented at the Policy Dialogue on Financial and Economic Reforms in Bangladesh, (2024, November 16). BRAC Business School, Dhaka, Bangladesh.

Editorial Experience

  1. Advisory Board Member, Heliyon Finance (Elsevier) 
  2. Referee for over 30 leading journals published by Elsevier, Springer Nature, Wiley, and Taylor & Francis 
  3. 120 verified peer reviews, including top-tier journals in Economics and Finance. 

Professional Services

  1. Program Committee Member, European Financial Management Association (EFMA) 2025 Annual Meetings, Athens, Greece.
  2. Program Committee Member, International Conference on Time Series and Forecasting (ITISE 2026), Gran Canaria, Spain. 

Contact


Provash Sarker, Ph.D.

Joint Director



Bangladesh Bank
Motijeel CA, Dhaka 1000


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