CEEP-NY Fed Joint Confernece @ NY Fed

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CEEP-NY Fed Joint Confernece @ NY Fed

October 2, 2023
9:00 AM - 5:40 PM
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Federal Reserve Bank of New York, 33 Liberty Street

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

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 moderated discussion with Stiglitz and 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.

REGISTER HERE

EVENT DETAILS

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

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

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 

Laurian Farrell, Board of Directors, Alliance for National and Community Resilience

12:00pm-1:00pm: LUNCH

1:00pm-1:30pm: KEYNOTE ADDRESS

Joseph E. Stiglitz, University Professor, Columbia University 

1:30pm-2:15pmFIRESIDE CHAT

Joseph E. Stiglitz, University Professor, Columbia University 

John C. Williams, President, Federal Reserve Bank of New York 

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