13.45 - 16.00

Plenary Session

13.45 - 14.45

Talking Bio-Diversity

An Interview by Professor Jagjit Chadha on the Economics of Biodiversity with Professor Sir Partha Dasgupta, Faculty of Economics, University of Cambridge. Author of the UK Government’s Independent Review.

15.00 - 16.00

Keynote Address: Climate Policies: Tools, Challenges and Obstacles

Chair: Hande Küçük (NIESR)

Professor Rick van der Ploeg, Department of Economics, University of Oxford

 

 

16.15 - 17.45

Parallel session A1

Climate policy and the financial system

Chair: Kieran McQuinn, ESRI and EUROFRAME

Rising temperatures, falling ratings: The Effect of Climate Change on Sovereign Creditworthiness, Patrycja Klusak, University of East Anglia, Bennett Institute for Public Policy - University of Cambridge; Matthew Agarwala, Bennett Institute for Public Policy - University of Cambridge, Centre for Social and Economic Research on the Global Environment, UEA; Matt Burke, University of East Anglia, Bennett Institute for Public Policy - University of Cambridge; Moritz Kraemer, Centre for Sustainable Finance, SOAS, Goethe-University, Frankfurt; Kamiar Mohaddes, Judge Business School & King’s College, University of Cambridge

Sustainable finance with Green Bonds for a low carbon economy, Joao Braga, The New School for Social Research, New York; Andreas Lichtenberger, The New School for Social Research; and Willi Semmler, the New School for Social Research, University of Bielefeld, HASA

Climate Change Mitigation: How efficient is Green Quantitative Easing? Raphael Abiry, Goethe University Frankfurt, Marien Ferdinandusse, European Central Bank, Alexander Ludwig, Goethe University Frankfurt and CEPR, Carolin Nerlich, European Central Bank

 

Discussant: David Carlin, UNEP-FI

 

16:15 - 17:45

Parallel session A2

Climate change and public attitudes

Chair: Ina Meyer, Wifo and EUROFRAME

 

Are climate change policies politically costly? Davide Furceri, Michael Ganslmeier and Jonathan D. Ostry, IMF

Climate change awareness: Empirical evidence for the European Union, Donatella Baiardi, University of Parma, Center for European Studies (CefES), Rimini Centre for Economic Analysis (RCEA); Claudio Morana, University of Milano-Bicocca, Center for Research on Pensions and Welfare Policies (CeRP), Center for European Studies (CefES), Rimini Centre for Economic Analysis (RCEA) (external link to the published paper)

The role of warm-glow in the prevention of Climate Change, Carolina Gómez Cuenca and Omar Licandro, Nottingham University
 

 

Discussant: Robert K. Kaufmann, Boston University

 

8.30- 10.30

Plenary session
Pricing carbon

Chair: John Fitzgerald, Department of Economics, Trinity College Dublin

 

(Fossil fuel) Subsidy inventories vs. net carbon prices: measuring perverse incentives of fossil fuel subsidies, Jens Böhm and Sonja Peterson, Kiel Institute for the World Economy

Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel, Gustav Martinsson, Royal Institute of Technology, László Sajtos, Stockholm School of Economics, Per Strömberg, Stockholm School of Economics, Christian Thomann, Royal Institute of Technology &Stockholm School of Economics

Green Asset Pricing, Ghassane Benmir, London School of Economics and Political Science, Ivan Jaccard, European Central Bank, Gauthier Vermandel, University Paris Dauphine-PSL Research University

An investigation of carbon taxes and terms-of-trade in a large macroeconometric model, Dawn Holland, Ian Hurst, Amit Kara and Iana Liadze, NIESR

 

 

Discussant: Matthew Agarwala, Bennett Institute for Public Policy - University of Cambridge, Centre for Social and Economic Research on the Global Environment, UEA

 

10.45 - 12.45

Parallel session B1
Environmental policy and productivity

Chair: Geraldine Dany-Knedlik, DIW and EUROFRAME

 

Environmental regulation and productivity growth: Main policy challenges, Roberta De Santis, ISTAT and Luiss University, Piero Esposito, University of Cassino and Southern Lazio, Luiss School of European Political Economy, and Cecilia Jona Lasino, ISTAT and Luiss University

The Quadrilemma of a Small Open Circular Economy Through a Prism of the 9R Strategies, Justina Banioniene, Digitalization Research Group, Kaunas University of Technology. Lina Dagiliene, Kaunas University of Technology. Michael Donadelli, Department of Economics and Management, University of Brescia. Patrick Grüning, Center for Excellence in Finance and Economic Research (CEFER), Bank of Lithuania (Lietuvos Bankas), Faculty of Economics and Business Administration, Vilnius University. Marcus Jüppner, Directorate General Economics, Deutsche Bundesbank, Faculty of Economics and Business Administration, Goethe University Frankfurt. Renatas Kizys, Department of Banking and Finance, Southampton Business School, University of Southampton. Kai Lessmann, Potsdam Institute for Climate Impact Research (PIK)

Evaluating Energy-Economic Impacts of the Austrian Waste and Resource Economy, Ina Meyer and Mark Sommer, Austrian Institute of Economic Research - WIFO
 

 

Discussant: Stéphane Dees, Banque de France

 

10.45 - 12.45

Parallel session B2
Monetary policy

Chair: Grzegorz Poniatowski, CASE and EUROFRAME

 

The Distributional Implications of Climate Policies Under Uncertainty, Ulrich Eydam, University of Potsdam

Shocks to transition risk, Christoph Meinerding, Deutsche Bundesbank, Yves S. Schüler, Deutsche Bundesbank, Philipp Zhang, University of Zurich

The impact of the weather on the UK economy, Sandra Batten, Bank of England
 

 

Discussant: Gerdien Meijerink, CPB and EUROFRAME

 

13.30 - 15.00

Parallel session C1
Quantifying the returns to climate action

Chair: Catherine Mathieu, OFCE and EUROFRAME

 

We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk Through International Trade and Supply Chain, Alan Feng, International Monetary Fund, Haishi Li, University of Chicago

Using gross primary production to measure the economic benefits of ecosystem services and the economic impacts of climate change, Robert K. Kaufmann, Department of Earth and Environment, Boston University, Michael Mann, Department of Geography, George Washington University, Washington, DC, Yu-Chaun Hu, Department of Earth and Environment, Boston University

Public investments in COVID-19 green recovery packages: A comparative analysis of scale, scope, and implementation in France, Germany, and the United Kingdom, Frank Willem Geels, Guillermo Ivan Pereira, and Jonatan Pinkse, Manchester Institute of Innovation Research, The University of Manchester, The Productivity Institute
 

 

Discussant: Michael Ganslmeier, IMF

 

13.30 - 15.00

Parallel session C2
Political economy of climate mitigation instruments

Chair: Markku Lehmus, ETLA and EUROFRAME

 

Strategic interactions in climate policy, Cecilie Marie Løchte Jørgensen and Frederik Laessoe Nielson, Aarhus University

SolACE - Solar Geoengineering in an Analytic Climate Economy, Felix Meier, Kiel Institute for the World Economy and Christian Traeger, University of Oslo, ifo Institute, Munich, Frisch Centre, Oslo

Who turns the global thermostat and by how much? Wilfried Rickels, Kiel Institute for the World Economy, Martin F. Quaas, Kiel Institute for the World Economy, University of Leipzig, Katharine Ricke, UC San Diego, Johannes Quaas, Universität Leipzig, Juan Moreno-Cruz, University of Waterloo, Ontario, Sjak Smulders, Tilburg University
 

 

Discussant: Ghassane Benmir, LSE

 

15.20 - 16.50

Round table
Designing an Effective Climate Policy

Chair: Dawn Holland, NIESR and EUROFRAME

 

Professor Elizabeth Robinson, School of Agriculture, Policy and Development, University of Reading

Dr Paul Fisher, Cambridge Institute for Sustainability Leadership (CISL)

Professor Lorenzo Forni, Professor of Economic Policy at the Department of Economics of the University of Padua, Italy, and Head of Prometeia Associazione, and Euroframety