🎤 On July 9th, our principal investigator Francesco Lamperti gave a seminar at the World Bank titled: “The Long-Lasting Impacts of Climate Change on the Macroeconomy” 🌍
Francesco presented the results of ongoing research with the FIND ERC Project group, focusing on the growing body of evidence that climate change imposes significant and lasting costs on economies—both through gradual shifts in temperature and precipitation, and through increasingly frequent and intense extreme events.
📊 Key takeaways:
– The macroeconomic impacts are persistent and heterogeneous, often deepening existing inequalities.
– Understanding the magnitude, persistence, and distribution of macroeconomic damages is crucial—for policymaking, public debate, and estimating the Social Cost of Carbon.
– The econometric evidence is robust—and it clearly supports large investments in mitigation and adaptation.
🙏 Big thanks to Klaus Oppermann for the moderation, and to Carolyn Fischer and Stephen Stretton for the insightful discussions!
📉 If you’re working on climate-economy interactions, check out the Weighted Climate Dataset—a user-friendly tool to explore and download climate data weighted by economic activity at national and subnational levels:
👉 https://lnkd.in/d7543t99
👉 Related paper: https://lnkd.in/ddDPB3Wt
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