The Physical Risks of Climate Change
In this video, Amit explores the impact of the physical damage of climate change on the macroeconomic economy and stresses the importance of being aware and intervening with the correct policy response or the impact of climate change will spread and intensify.
Overview
It is clear that there is a direct link between global warming and climate change, and that scientists have overwhelming evidence to warn us about irreversible physical damage if this is ignored. Consequently, it is urgent to respond quickly before it is too late.
Key learning objectives:
Discuss the impact of the physical damage of climate change on the economy
Explain the concept of climate change
Understand the existing evidence we have for climate change
Identify the ways in which we can address climate change
Summary
Expert
Amit Kara
Amit is Associate Research Director for Global Macroeconomic Analysis at NIESR. He is a macroeconomist with experience in central banking, investment banking, commercial banking and corporate credit rating. He has most recently worked at HSBC where he helped design the forward economic guidance input for IFRS 9. Amit is currently working on two substantial research projects related to the macroeconomic impact of climate change.
