Event

2024 Environmental Economics and Policy Conference: Future Environmental Markets

September 20, 2024

On Friday, September 20, 2024, the Federal Reserve Bank of New York, in partnership with the School of International and Public Affairs at Columbia University, will host the third annual Environmental Economics and Policy Conference. This year’s conference is supported by the university’s Institute for Social and Economic Research and Policy in the Faculty of Arts and Sciences.

The in-person event, to be held at Columbia University, will feature a keynote presentation from Solomon Hsiang, Professor of Global Environmental Policy at the Stanford Doerr School of Sustainability and director of the Global Policy Laboratory at Stanford University; academic paper presentations; and panel discussions with expert practitioners exploring environment-related dimensions and innovations in insurance and non-financial markets.

The event will be of interest to academics, economists, financial services professionals, and leaders of community organizations, government agencies, and policy advocacy organizations.

Registration closes at 12 am on September 17, 2024.


Event Details

Date & Time
September 20, 2024
9:00am-5:00pm
(Reception to follow)

Location
The Forum at Columbia University
Auditorium
605 West 125th Street
New York, NY

Audience
This in-person event is open to the public.

Media
This event is open to the media. All remarks are on the record, 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

Jeffrey Shaman, PhD, Interim Dean, Professor of Climate, Columbia Climate School and Professor of Environmental Health Sciences, Mailman School of Public Health
9:30am-12:00pm  SESSION ONE: INSURANCE

Moderator: Julian Di Giovanni, Head of Climate Risk Studies, Financial Intermediation Policy Research Division, Federal Reserve Bank of New York
9:30am-10:00am  Presentation: Property Insurance and Disaster Risk: New Evidence from Mortgage Escrow Data

Benjamin Keys, Rowan Family Foundation Professor, Professor of Real Estate, Professor of Finance, the Wharton School, University of Pennsylvania
10:00am-10:30am  Presentation: Climate Risk and the U.S. Insurance Gap: Measurement, Drivers, and Implications

Parinitha Sastry, Assistant Professor of Finance, Columbia Business School
10:30am-11:00am  Presentation: Insurance Market Policy Choices in a Changing Climate: An Application to Florida

Benjamin Dennis, Principal Economist, Policy Planning and Strategy Section, Supervision and Regulation, Federal Reserve Board of Governors
11:00am-11:05am  Break

11:05am-12:00pm  Practitioner Panel

Moderator: Benjamin Keys, Rowan Family Foundation Professor, Professor of Real Estate, Professor of Finance, the Wharton School, University of Pennsylvania

Charlie Sidoti, Executive Director, InnSure

Andrew Salkin, Founding Principal, Resilient Cities Catalyst
12:00pm-1:00pm  Lunch

1:00pm-2:00pm  Keynote and Q+A

Solomon Hsiang, Director of the Global Policy Laboratory, Stanford University; Professor of Global Environmental Policy at the Stanford Doerr School of Sustainability

Robert Metcalfe, Professor of International and Public Affairs, Professor of Energy Policy, Columbia University
2:00pm-2:15pm  SESSION TWO: NON-FINANCIAL ENVIRONMENTAL MARKETS

Moderator: Douglas Almond, Professor of International and Public Affairs and Economics, Columbia University
2:15pm-2:45pm  Presentation: The Macroeconomic Impact of Climate Change: Global vs. Local Temperature

Adrien Bilal, Assistant Professor of Economics, Harvard University
2:45pm-3:15pm  Presentation: Trade, Trees, and Health

Xinming Du, Assistant Professor of Economics, National University of Singapore
3:15pm-3:45pm  Presentation: Homeward Bound: How Migrants Seek Out Familiar Climate

Marguerite Obolensky, PhD Candidate Columbia University School of International and Public Affairs
3:45pm-3:50pm  Break

3:50pm-4:45pm  Practitioner Panel

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

Sheila Foster, Professor of Climate, Columbia Climate School

Ben Weisman, Executive Director, Capital Mobilization, Glasgow Financial Alliance for Net Zero
4:45pm-4:50pm  Closing Remarks

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


Speakers

Douglas Almond
Professor of International and Public Affairs and Economics
Columbia University


Adrien Bilal
Assistant Professor of Economics
Harvard University


Benjamin Dennis
Principal Economist, Policy Planning and Strategy Section, Supervision and Regulation
Federal Reserve Board of Governors


Xinming Du
Assistant Professor of Economics
National University of Singapore


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


Sheila Foster
Professor of Climate
Columbia Climate School


Solomon Hsiang
Director of the Global Policy Laboratory, Stanford University
Professor of Global Environmental Policy at the Stanford Doerr School of Sustainability


Benjamin Keys
Rowan Family Foundation Professor; Professor of Real Estate, Professor of Finance
The Wharton School, University of Pennsylvania


Julian Macrone
Community Development Specialist
Federal Reserve Bank of New York


Robert Metcalfe
Professor of International and Public Affairs, Professor of Energy Policy
Columbia University


Marguerite Obolensky
PhD Candidate, School of International and Public Affairs
Columbia University


Andrew Salkin
Founding Principal
Resilient Cities Catalyst


João Santos
Director of the Financial Intermediation Policy Research Division
Federal Reserve Bank of New York


Parinitha Sastry
Assistant Professor of Finance
Columbia Business School


Jeffrey Shaman
PhD, Interim Dean; Professor of Climate, Columbia Climate School
Professor of Environmental Health Sciences, Mailman School of Public Health


Charlie Sidoti
Executive Director
InnSure


Ben Weisman
Executive Director, Capital Mobilization
Glasgow Financial Alliance for Net Zero


Event Partnership




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