The Economic Times: “Companies now know climate risks mean financial risks — industrial sectors need swift decarbonisation”

Interview with Srijana Mitra Das

Synopsis
The research focuses on climate risk, policy, technology, and the social cost of carbon. It highlights the concept of a ‘green moral hazard’ and the challenges of pricing climate uncertainty. Reinsurance companies play a crucial role in managing climate risk. The concept of ‘climateflation’ and its impact on various industries is discussed. Decarbonization of the steel sector is also explored.

Evoke
Columbia Business School’s Gernot Wagner

Gernot Wagner is a climate economist at Columbia Business School. Speaking to Srijana Mitra Das, he discusses green tech, the urgency of climate mitigation — and counting the corporate costs of environmental uncertainty.

Full interview: “Companies now know climate risks mean financial risks — industrial sectors need swift decarbonisation, says Columbia Business School’s Gernot Wagner” by Srijana Mitra Das, The Economic Times (22 February 2024).

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