Using Energy-Economic Models for Climate-Related Financial Impact Analysis - MATLAB
Video Player is loading.
Current Time 0:00
Duration 24:50
Loaded: 0.67%
Stream Type LIVE
Remaining Time 24:50
 
1x
  • Chapters
  • descriptions off, selected
  • en (Main), selected
    Video length is 24:50

    Using Energy-Economic Models for Climate-Related Financial Impact Analysis

    Sergey Paltsev, MIT

    Climate change poses financial risks that arise from shifts in the political, technological, social, and economic landscape that are likely to occur during the transition to a low-carbon economy. One of the global community’s most significant contemporary challenges is the need to satisfy growing energy and food demand while simultaneously achieving very significant reductions in the greenhouse gas emissions and sustainable development. In pursuing this goal, decision makers need to make strategic choices that address both physical risks (damage from extreme events such as fires, floods, droughts, and sea-level rise) and transition risks (financially consequential shifts in political, technological, social, and economic landscapes in the transition to a low‑carbon future). Energy-economic models can be used to support decision makers in quantifying these risks by integrating across systems, sectors, and scales. Learn about a framework for addressing climate-related financial risks where scenario analysis plays a key role in climate risk management.

    Published: 5 Oct 2021