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An Economist’s Guide to Climate Change Science

November 12, 2018 Bilal 0

An Economist’s Guide to Climate Change Science https://ift.tt/2qfPY1l An Economist’s Guide to Climate Change Science NBER Working Paper No. 25189 Issued in October 2018 NBER Program(s):Development Economics, Environment and Energy Economics, Economic Fluctuations and Growth, Health Economics, International Trade and Investment, Labor Studies, Public Economics, Political Economy, Productivity, Innovation, and Entrepreneurship Climate change management is a global challenge that requires social science as much as it requires natural science. We provide a brief introduction to the physical science of climate change, written to provide essential background for economists and other social scientists. We also highlight some key areas in which […]

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Driven by climate change, fire reshapes US West

September 3, 2018 Bilal 0

Driven by climate change, fire reshapes US West https://ift.tt/2NdxZpg In this Aug. 2, 2018, file photo, a tower of smoke pours from Cow Mountain as Burney, Calif., firefighter Bob May keeps a watch on surrounding vegetation for spot fires during the River wildfire near Lakeport, Calif. Wildfires that have long shaped the landscape of the U.S. West are getting bigger and burning longer – bringing more choking smoke, deadly mudslides and habitat loss. (Kent Porter/The Press Democrat via AP, File) Wildfires in the U.S. have charred more than 10,000 square miles so far this year, an area larger than the […]

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Climate change and finance: what role for central banks and financial regulators?

September 3, 2018 Bilal 0

Climate change and finance: what role for central banks and financial regulators? https://ift.tt/2PiV8nD Emanuele Campiglio, Yannis Dafermos, Pierre Monnin, Josh Ryan Collins, Guido Schotten and Misa Tanaka Climate change poses risks to the financial system. Yet our understanding of these risks is still limited. As we explain in a recent paper published in Nature Climate Change, central banks and financial regulators could contribute to the development of methodologies and modelling tools for assessing climate-related financial risks. If it becomes clear that these risks are substantial, central banks should consider taking them into account in their operations. Both central banks and financial […]