Written on 07 Apr 2023.
The hazards brought about by global warming such as severe weather, surging sea levels, forest fires, and the melting of glaciers are becoming more apparent. However, there has been a lack of political determination to implement the necessary measures to prevent temperatures from exceeding the critical 2-degree Celsius mark, as deemed by scientists.
To examine the economic case for moving sooner rather than later, the Hutchins Center on Fiscal and Monetary Policy and the Center on Regulation and Markets at Brookings convened a virtual conference on March 6 to discuss two recent papers:
Discussant: Carolyn Fischer, Research Manager of the Sustainability and Infrastructure Team in the Development Research Group, World Bank
Discussant: Irene Monasterolo, Professor of Climate Finance, EDHEC Business School, EDHEC-Risk Climate Impact Institute
All four participated in a panel discussion on the broader implications of these issues.
To watch the replay of the virtual rountable, follow this link or see the video below:
To access the transcripts of the virtual rountable, follow this link.