Financial risks of climate change – Lint Barrage

What are the financial risks from a changing climate? The first part of this webcast provides a macroeconomic perspective by reviewing recent estimates of the macroeconomic effects of climate change around the world, including a discussion of the key climate impact mechanisms which are vs. are not yet covered in prevailing risk assessments.

The second part offers a finance perspective by reviewing the growing evidence base for the capitalization of climatic risks into asset prices, including a discussion of some of the limits to such capitalization and the risks they pose to future asset price stability.

Prof. Lint Barrage's research investigates how environmental processes and policies affect macroeconomic outcomes and human welfare. She brings a multi-methodological approach to this agenda, combining tools from different fields in order to leverage new data, empirics, and theoretical advancements.

Live from the UZH Studios, we reviewed recent economic research on the topic and took questions from the audience via Mentimeter. The host was UBS Foundation Professor David Hémous (University of Zurich).

This was a public event with free access via livestream on our website in association with the Centre for Economic Policy Research (CEPR).

00:00 - 02:00 Intro Hémous
02:00 - 28:00 Lecture Barrage
28:00 - 56:06 Q&A
56:06 - 57:03 Outro Hémous

#EconomicsForSociety #UniversityOfZurich #EconomicsOfGlobalChallenges

[niconico]

Great interview! Thanks Lint and thanks David!

[msmayfield]

I would like to see the numbers if China is removed from the data. How much can the rest of the world do and spend when the biggest source of pollution doesn't participate in these initiatives? Projected numbers don't mean much when non-participant numbers are factored into the equation.