What is the future of economic growth in the face of climate change, and how should we measure it? How will low-income countries achieve significant poverty reduction without using carbon-intensive approaches or further degrading the environment? Have we been able to measure the economic value to natural resources accurately? How well do macroeconomic models capture the assumptions in climate models, and vice versa?
Such questions will be the focus of the conference, presented on Thursday and Friday, November 9-10 by the Yale Economic Growth Center, the Yale School of the Environment, and the Yale Tobin Center for Economic Policy, with additional support from the Yale Planetary Solutions Project, the Knobloch Family Foundation, and Smart Prosperity Institute.
On Day 1, November 9, the Economic Growth Center will host a problem-focused climate economics conference examining the future of economic growth in the climate transition. Sessions will cover frictions in climate adaptation in lower-income countries, energy markets and the renewable energy transition and the spatial and macro-economics of climate change. Esther Duflo will deliver a keynote address and we will conclude with an inter-disciplinary panel on “What will it take to get to a better operational representation of the impact of climate change on growth and inequality?”