How much is it? The cost of climate change — Foresight Podcast Ep. 08
Money moves the attention of people, investors, and capital owners. Money is part of many solutions to the climate deadlock. But numbers are not enough to calculate the economic value of the climate issue. Numbers are only the final step on a pathway that passes through many crossroads. Climate change has huge economic, social and cultural costs. Assessing these costs is challenging yet vital for our planet’s future. And when it comes to climate policies, responding to different climate emergencies requires different lenses.
In this episode, we dive into the world of climate finance through the voices of two experts working in two different fields of economics in two different parts of the globe.
Foresight — Deep into the Future Planet, a podcast produced by the CMCC and FACTA.
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Meet this episode’s guests
Johannes Emmerling is a scientist at EIEE and co-leads its integrated assessment modelling unit. He was a Senior Researcher at Fondazione Eni Enrico Mattei (FEEM) between 2012 and 2018. Johannes holds a Ph.D. from the Toulouse School of Economics (TSE), an M.A. in Economics from the Free University Berlin and a B.Sc. in Economics from the University of Heidelberg. He was a postgraduate fellow in Development Cooperation at the German Development Institute, Bonn. He has been working amongst others at the Social Science Research Center (WZB) Berlin, the Gesellschaft für Internationale Zusammenarbeit (GIZ), as Lecturer at Université Toulouse 1 Capitole, and as a Consultant for the Organization of American States (OAS), the European Bank for Reconstruction and Development (EBRD), the German Institute of Metrology (PTB), the Asian Development Bank (ADB), and the World Bank. He is co-leading the development of the integrated assessment model WITCH.
Marc Watum is a development expert with a background in management consulting and project finance. He advised over 1000 entrepreneurs across the EMEA region, while managing private consultancies for governments and leading companies who deal in commodities (trading, mining, supply chains, and logistics) or urban infrastructure and technology. He organized key summits, including MENA Innovation 2018 (Egyptian Ministry of Information and Technology), Vertex Summit 2018, London (Hult International Business School), Global Impact Summit 2019, Nairobi (Supported by the Kenya National Chamber of Commerce & Industry), Vision 2030 Dialogue — UN Food Systems Summit 2021. He is currently the chairman of Vision 2030 Fund, an African social innovation fund for agriculture, food, and water startups.