Paul Hiebert

Paul Hiebert is a Visiting Professor at the College of Europe's Bruges campus, specializing in the European Economic Studies Department. He currently leads the Systemic Risk and Financial Institutions Division at the European Central Bank (ECB), focusing on systemic risk analysis and macroprudential policy. His career spans over 20 years with the ECB, IMF, Reserve Bank of Australia, and Canadian Department of Finance, with expertise in financial stability, climate-related risks, and global banking.

Education: M.A. in Economics from McGill University (Montreal). Research interests include financial cycles, climate change impacts on finance, housing markets, and fiscal policy. He chairs multiple ECB and European Systemic Risk Board (ESRB) initiatives on climate risk and macroprudential frameworks. Key roles include Visiting Senior Fellow at the LSE Grantham Institute and faculty member of the Florence School of Banking and Finance Climate Risks Academy.

Publications span systemic risk frameworks, financial stability reviews, and climate risk methodologies. His work emphasizes linking banking sector distress to financial cycles and advancing macroprudential tools for climate resilience. Collaborations include the Basel Committee on Banking Supervision and ESRB climate risk projects.