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CICERO and KAN seminar series

Climate risk events - Climate risk seminars, events and conferences

Published 23.02.2021

March 18, 14:30 - 15:30 (CET)

 

Title: Assessing and financing the full costs of disasters – the role of infrastructure systems and supply chains.

Speaker: Stéphane Hallegatte, lead economist of the World Bank Climate Change Group.

The direct impacts of disasters – the cost of repairing physical damages – represent only a fraction of the total economic cost. In particular, supply chains and infrastructure systems can magnify these direct impacts. To design appropriate prevention interventions, determine the right construction standards, or design adequate financial instruments or insurance contract, the full cost of disasters need to be assessed. Building on a wide range of case studies, global empirical analyses, and modeling exercises, the Lifelines report lays out a framework for understanding infrastructure resilience—the ability of infrastructure systems to function and meet users’ needs during and after a natural shock—and the role of supply chains. This presentation will provide a summary of the findings of the Lifelines report, discuss a follow-up study on the role of supply chains and transport networks in Tanzania, and conclude some ideas for future research priorities.

Abot the speaker Stéphane Hallegatte is the lead economist of the World Bank Climate Change Group. Mr. Hallegatte was a lead author of the 5th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC). He is the author of dozens of articles published in international journals in multiple disciplines and of several books and World Bank reports including Shock Waves: Managing the Impacts of Climate Change on Poverty. In 2018, he received the Burtoni Award for his work on the link between climate change adaptation and poverty reduction. Mr. Hallegatte holds an engineering degree from the Ecole Polytechnique (Paris) and a Ph.D in economics from the Ecole des Hautes Etudes en Sciences Sociales (Paris).

The seminar is free of charge, but you will have to register to attend.

Please register for the seminar HERE