On Tuesday, March 21, New School economist Willi Semmler presented, “A Macroeconomic Framework for Climate Investment,” at the United Nations (UN) Development Policy Seminar. The talk was chaired by Diana Alarcon, chief of the UN’s Development Strategy and Policy Analysis Unit.
The UN Development Policy Seminar brings together UN and academic experts to critically assess topics related to development. Professor Semmler was invited to discuss the macroeconomics of climate change and strategies for transitioning to low-carbon economies. Semmler’s work focuses on investment for adaptation and mitigation that can improve the environment, employment, and output. By considering national levels of development and demographics, Semmler shows how policy and institutions can lead the transition to a sustainable future.
Semmler leads SCEPA’s Economics of Climate Change Project. He is the Henry Arnhold Professor of International Cooperation and Development at The New School for Social Research and author of The Oxford Handbook of the Macroeconomics of Global Warming (2015).