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Understanding the interplay between climate impacts and macroeconomic dynamics is crucial to inform policy decisions, risk assessments, and long-term planning. The National Academies will convene a workshop to examine the state of understanding of physical climate risks and implications for the macroeconomy. In particular, this workshop will explore the physical climate risks—including cascading, compounding, tipping points, and nonlinear risks—across scales, distributional effects in socioeconomic systems, and the connections and feedbacks between these systems.
Featured publication
Research on the Dynamics of Climate and the Macroeconomy: Proceedings of a Workshop
Proceedings
·2024
Understanding the intricate relationship between climate dynamics and the macroeconomy is crucial for informed policy and long-term planning. However, there is a gap between climate modeling and the understanding of its full macroeconomic effects, partly due to challenges such as nonlinear climate d...
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