Nerea Vadillo’s doctoral thesis was awarded the Prix des Sciences du Risque 2024 by the Fondation Optimind Part of Accenture, in partnership with AMRAE, France Assureurs and the Institut des Actuaires (https://www.sciencesdurisque.com/laureats2024). The award was presented on June 18 at the Pavillon Élysée in Paris, attended by over 200 insurance, risk management and academic professionals. With the growing demand for financial tools to transfer climate risk, Nerea Vadillo’s thesis contributes to the development of new models and mathematical techniques to better assess the risks of temperature-related derivatives. This thesis was carried out in partnership with AXA Climate under the CIFRE program, and was supervised by Aurélien Alfonsi (CERMICS).