COURSE OVERVIEW

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 

 

This course is designed to provide participants with a detailed and up-to-date overview of Macroeconomics in Climate Change. It covers the macroeconomics in environmental context and climate change as a macroeconomic challenge; the global carbon cycle, economic systems, externalities and market failures, climate change and global inequality; the macroeconomic models for climate analysis; the impact on GDP and economic growth and employment; and the labor markets and climate change, public finance, climate change trade, competitiveness and climate policies. 

 

Further, the course will also discuss the financial sector and climate risk, inflation and price stability under climate stress; the carbon pricing and taxes, emissions trading systems (ETS), subsidies and incentives; the public investment for decarbonization, green monetary policy and international climate finance; the macroeconomic costs of inaction and adaptation investment strategies; and the insurance and risk sharing mechanisms.

 

During this interactive course, participants will learn the disaster risk reduction, economic stability, climate migration and macroeconomics; the sectoral adaptation and structural change; the international climate agreements and macroeconomics; the technology, innovation and green economy; the circular economy, macroeconomic transition, just transition and inclusive green growth; and the macroeconomics scenario planning for climate futures and policies integration.