The Economics of Climate Change: Insights from Integrated Assessment Modeling Experiences for Lebanon and Brazil
OCP Policy Center is pleased to receive Eduardo Amaral Haddad, Senior Fellow at OCP Policy Center who will give a talk about the Economics of Climate Change.
The climate transition estimated by the Intergovernmental Panel on Climate Change (IPCC) will affect the world’s natural resources, economy and societies in a scale that is yet unknown. The study “The Economics of Climate Change in Brazil” was a pioneering initiative to analyze and quantify the impact of climate change on the country’s development agenda. For the first time in Brazil, a large interdisciplinary team, comprised primarily of scientists and economists from leading research institutions in the country, was brought together to develop projections for various sectors. The starting point was computational models that provided projections on future behavior of the climate within the national territory, including aspects such as temperature and rainfall levels. These projections were fed into models to simulate some strategic segments of the economy, and they translated the expected impacts on each sector into economic terms according to potential future climate trends developed by the IPCC. Prof. Eduardo Haddad was directly involved in the coordination and implementation of the economic models. In this lecture, he will share some of the insights of the study, emphasizing its main economic aspects.
The study has also provided opportunities in the form of increased integration between the institutions involved, culminating with the creation of the Brazilian Network on Global Climate Change Research (Rede CLIMA). Prof. Haddad, who acts as coordinator in the sub-network “Economics”, will also discuss some of the scientific contributions in the context of recent developments of the integrated assessment modeling framework. He will draw on recent experiences with integrated models, applied to Brazil and Lebanon, on issues related to downscaling, impact analysis and resiliency.
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Eduardo A. Haddad
Eduardo A. Haddad is Senior Fellow, OCP Policy Center and Full Professor at the Department of Economics at the University of Sao Paulo, Brazil, where he directs the Regional and Urban Economics Lab (NEREUS). He also holds a position as Affiliate Research Professor at the Regional Economics Applications Laboratory – REAL – at the University of Illinois at Urbana-Champaign, USA.
Haddad has published widely in professional journals on regional and interregional input-output analysis, computable general equilibrium modeling, and various aspects of regional economic development in developing countries; he has also contributed with chapters in international books in the fields of regional science and economic development. His research focuses on large-scale modeling of multi-regional economic systems, with special interest in modeling integration applied to transportation, climate change and spatial interaction.
Professor Haddad received his B.A. in Economics from the Federal University of Minas Gerais, Brazil, in 1993 and his Ph.D. in Economics from the University of Illinois at Urban-Champaign in 1997. In 1998 he held a post-doctoral position at the University of Oxford. He has served as the president of the Brazilian Regional Science Association (2008-2010), and as the first president of the Regional Science Association of the Americas (2008-2010). He was the Director of Research of the Institute of Economic Research Foundation – FIPE – from 2005 to 2013. He has spent the period January 2014 to June 2015 on sabbatical as a visitor at the Department of Economics (International Economics Section) at Princeton University, and at the Edward J. Bloustein School of Public Policy and Planning at Rutgers University.