As extreme weather events like floods, droughts, wildfires, and heatwaves become more frequent and severe and as transition risks associated with shifting to a low-carbon economy increase, it is crucial to understand their impact on people, infrastructure, financial markets, and economies. To create effective climate policies, we need timely and thorough risk assessments that look ahead. This joint session with the World Bank will focus on global efforts to build an internationally accepted framework for measuring both physical and transition risks of climate change. Panelists will discuss how these risk indicators can help assess countries' vulnerabilities and guide the development of stronger, more resilient policies and adaptation strategies.
Panelists
Shahin Mahmuzade
Executive Director Central Bank, Azerbaijian
Jadwiga Massinga
National Director of Climate Change Ministry of Land and Environment, Mozambique
Stephane Hallegatte
Senior Climate Change Adviser, World Bank
Alessandra Alfieri
Assistant Director of Statistics Department, IMF
Moderator: Professor Matthew Agarwala, Bennett Chair in Sustainable Finance at the Bennett Institute for Innovation and Policy Acceleration, University of Sussex Business School