Climate Risk Modelling Made Practical for Macroeconomic Decision Making

How can central banks, ministries of finance and financial institutions prepare for climate-driven shocks? In this session, we simulate a severe climate disaster(such as a drought or flood) and examine its impact on GDP, inflation, and debt. Using the IMF’s DIGNAD model developed in MATLAB, we compare three policy responses: no action, adaptation investment, and concessional financing. See how scenario modeling helps policymakers plan ahead, test resilience strategies, and balance stability with growth. What to expect: Learn how macroeconomic models can inform climate resilience strategies. Understand how climate shocks ripple through GDP, inflation, and public debt under three scenarios. Understand how tools like MATLAB can assist you in your macroeconomic modelling. Q&A with a technical expert Who should attend: Economic Researchers and Directors Climate Economic Researcher Central Banks Risk and Sustainability Officers Economic/Fiscal Policy Directors General Macroeconomic Modelling &Forecasting Units Climate Finance & Green Transition Teams Economists and Climate &Resilience Advisors ‍