05/06/2022 | News release | Archived content
On Friday, May 6, 2022, the Federal Reserve Bank of New York and Columbia University Center for Environmental Economics and Policy (CEEP) jointly hosted an in-person conference on environmental economics and policy, with speakers including New York Fed President John C. Williams and a keynote address by Ben Harris, Assistant Secretary for Economic Policy at the U.S. Department of Treasury.
Economists presented research on topics including how low-income communities are disproportionately impacted by climate risks, the unintended consequences of mandatory flood insurance, and how different neighborhoods react to flooding.
watch the event
Opening Remarks
Session I
Keynote Address
Session II
Event Details
Date & Time
May 6, 2022
9:15am - 6:00pm EDT
Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY
In-person event only (no virtual component)
This event was open to the public and media. Registration for this in-person only event was available through the registration link. All remarks were on the record and the event was recorded. For media inquiries, please contact Ellen Simon at [email protected].
Agenda
Agenda
8:45am-9:15am | Continental Breakfast |
9:15am-9:30am |
Opening Remarks
John C. Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York |
SESSION 1: UNEQUAL EFFECTS OF CLIMATE CHANGE
Moderator: Charles Taylor, Columbia University |
|
9:30am-10:15am |
Surge of Inequality: How Different Neighborhoods React to Flooding
Ana Varela Varela, Assistant Professor, University of Amsterdam |
10:15am-11:00am |
Within City Disparate Temperature Effects of Climate Change
Presenter: Clara Berestycki, Columbia University |
11:00am-11:15am |
Break |
11:15am-12:00pm |
Unintended Consequences of "Mandatory" Flood Insurance
Presenter: Kristian Blickle, Economist, Federal Reserve Bank of New York |
12:00pm-1:15pm | Lunch |
1:15pm-2:00pm |
KEYNOTE ADDRESS
Ben Harris, Assistant Secretary for Economic Policy, U.S. Department of Treasury |
2:00pm-2:30pm | Break |
SESSION II: ECONOMIC AND FINANCIAL STABILITY UNDER A CHANGING CLIMATE
Moderator: Tarikua Erda, Columbia University |
|
2:30pm-3:15pm |
Climate Stress Testing
Presenter: Hyeyoon Jung, Economist, Federal Reserve Bank of New York |
3:15pm-4:00pm |
Global Warming and Labor Market Reallocation
Jose-Luis Cruz, Princeton University |
4:00pm-4:15pm | Break |
4:15pm-5:00pm |
Mitigating Disaster Risks in the Age of Climate Change
Presenter: Harrison Hong, Professor, Columbia University |
5:00pm-5:05pm |
Closing Remarks
João Santos, Policy Leader for Microprudential Supervision, Federal Reserve Bank of New York |
5:00pm-6:00pm |
Reception |
Speakers
Ph.D. Candidate
Columbia University
Economist
Federal Reserve Bank of New York
Ph.D. Candidate
Princeton University
Assistant Secretary for Economic Policy
US Department of Treasury
Professor of Financial Economics
Columbia University
Economist
Federal Reserve Bank of New York
Policy Leader for Microprudential Supervision
Federal Reserve Bank of New York
Assistant Professor
University of Amsterdam
President & CEO
Federal Reserve Bank of New York
resources
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