Event

2023 Environmental Economics and Policy Conference: Measuring and Adapting to Climate Risk

October 02, 2023

On Monday, October 2, 2023, the Federal Reserve Bank of New York, in partnership with the School of International and Public Affairs at Columbia University, will host the second annual Environmental Economics and Policy Conference.

The in-person event will feature a keynote presentation from Columbia University Professor and Nobel Laureate Joseph Stiglitz, a discussion with Stiglitz moderated by New York Fed President John C. Williams, academic paper presentations, and panel discussions. Researchers, financial services professionals, advocates, and urbanists will discuss quantifying and mitigating climate risk. The event will be of interest to academics, economists, leaders of community organizations, city and state agencies, and policy advocacy organizations.

Event Details

Date & Time
Monday, October 2, 2023
9:00 AM – 5:00 PM EDT
(Reception to follow)

Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY 10045
(Registration closes September 27, 2023)

Audience

This event is open to the public.

Media

This event is open to the media. All remarks are on the record and the event will be recorded, with the recording to be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.


Agenda
Agenda
9:15am-9:30am Welcome and Opening Remarks

João A.C. Santos, Director of Financial Intermediation Policy Research, Federal Reserve Bank of New York
9:30am-12:00pm MEASURING CLIMATE RISK: PAPER PRESENTATIONS

Moderator: João A.C. Santos, Director of Financial Intermediation Policy Research, Federal Reserve Bank of New York
9:30am-11:00am  “Pricing of Climate Risk Insurance: Regulation and Cross Subsidies”

Presenter: Ana-Maria Tenekedjieva, Economist, Federal Reserve Board of Governors

“A Large Undocumented Mortality Burden Caused by the Tropical Cyclone Climate of the United States”

Presenter: Rachel Young, PhD Candidate, Princeton University

“US Banks’ Exposures to Climate Transition Risks”

Presenter: Lee H. Seltzer, Financial Research Economist, Federal Reserve Bank of New York
11:00am-11:05am  BREAK
11:05am-12:00pm  Practitioner Panel – Measuring Risk

Carolyn Kousky, Associate Vice President, Economics and Policy Analysis, Environmental Defense Fund

Daryl Fairweather, Chief Economist, Redfin
12:00pm-1:00pm LUNCH
1:00pm-1:30pm KEYNOTE ADDRESS

Joseph E. Stiglitz, University Professor, Columbia University
1:30pm-2:15pm MODERATED DISCUSSION

Joseph E. Stiglitz, University Professor, Columbia University

John C. Williams, President, Federal Reserve Bank of New York (Moderator)
2:15pm-2:30pm BREAK
2:30pm-5:00pm FRONTIERS IN ADAPTING TO CLIMATE RISK: PAPER PRESENTATIONS
2:30pm-4:00pm  “The Canary in the Coal Decline: Appalachian Household Finance and the Transition from Fossil Fuels”

Presenter: Joshua Blonz, Senior Economist, Federal Reserve Board of Governors

“Rain Follows the Forest: Land Use Policy, Climate Change, and Adaptation”

Presenter: Anna Papp, PhD Candidate, Columbia University School of International and Public Affairs

“Do Firms Mitigate Climate Impact on Employment? Evidence from U.S. Heat Shocks”

Presenter: Viral Acharya, C.V. Starr Professor of Economics, New York University Stern School of Business
4:00pm-4:05pm  BREAK
4:05pm-5:00pm  Practitioner Panel – Adapting to Climate Risk

Moderator: Julian Macrone, Community Development Specialist, Federal Reserve Bank of New York

Jose Serrano-McClain, Partner, HR&A Advisors
5:00pm-5:05pm Closing Remarks

David J. Erickson, Head of Outreach and Education, Federal Reserve Bank of New York


EVENT RESOURCES



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