Agenda

Upcoming

• Wed: Irina
• Next week: 4/28 class

Today

1. Climate change overview
2. Namrata (2023)
3. O’Brien-Udry (2023)

Climate Change

Are we doomed?

Where We Stand

Targets and Trajectories

Biodiversity at 1.5 vs 2 degrees

Losing 50% of geographic range

• 1.5 degrees: 6% of insects, 8% of plants and 4% of vertebrates lo
• 2 degrees: 18% of insects, 16% of plants and 8% of vertebrates

Wind and Solar

Solar Panels

Electricity

Batteries

Batteries

Electric Vehicles

Cross-National Variation

China’s Growth

Decoupling

Divergence

Climate Adaptation

Disproportionate vulnerability for developing countries

Three literatures

• Quantifying vulnerabilities
• Measuring adaptation
• Spatial linkages

Climate Adaptation

Climate Adaptation

Research Methods

Research Methods

Recent developments

Climate Adaptation

Climate change mitigation strategies

Measurement

Findings

Findings

Findings

Findings

• Dryness causes reallocation of capital and labor
• Dryness lowers productivity and reallocates remaining labor away from agriculture and to manufacturing
• Capital connected areas see reduced
• Labor connected areas see inflows