Seminar | July 8, 2019 – h. 12:30 pm CEST
Ca’ Foscari Challenge School, VEGA (Aula Cancelletto, 1st floor), Venice-Mestre

Speaker: Ilan Noy, Victoria University of Wellington, New Zealand
Introduced by Jaroslav Mysiak (Euro-Mediterranean Center on Climate Change – CMCC, RAAS Division Director)

We use a probabilistic event attribution framework to estimate the costs associated with extreme weather events that are attributable to anthropogenic influence on the climate system.
Using examples from the US (Hurricane Harvey) and New Zealand (flood events), our results indicate that the climate-change ‘footprint’ of Harvey was almost US$70Bn, and that the climate-change
footprint of NZ floods is economically very significant as well. We extrapolate these results more broadly, and show that these ‘bottom-up’ estimates of losses and damages associated with climate
change are significantly larger than those obtained with ‘top-down’ estimates, such as those implied by Integrated Assessment Models.

After the presentation by Ilan Noy there will be a discussion with all the participants.
Contributions from all the participants are well encouraged.

Working language: English

Bio
Ilan Noy is the Chair in the Economics of Disasters and a Professor of Economics at Victoria University of Wellington, New Zealand. His research and teaching focus on the economic aspects of natural hazards and disasters, and other related topics in environmental, development, and international economics. He is also the founding Editor-in-Chief of Economics of Disasters and Climate Change, a journal published by SpringerNature. He previously worked at the University of Hawaii, and has consulted for the World Bank, the Asian Development Bank, the Inter-American Development Bank, UNISDR, the International Monetary Fund, and ASEAN. Ilan has published mostly on the economics of disasters, including works on short- and long-term impacts, disasters’ fiscal implications, disaster insurance, and impact measurement methods.

Organizer
Fondazione CMCC – Centro Euro-Mediterraneo sui Cambiamenti Climatici