The Aftermath of the Post-Covid Era: Embracing the Net Zero Global Economy

 November 4, 2021



uThis event brought together experts from international institutions, government organisations, academia, private sector and NGOs to discuss the potential paths that global economies will face in their transition to the Net Zero Global Economy in the aftermath of Covid-19. 

The key theme discussed was how economies can finance a sustainable transition to the Net Zero Economy in the post-Covid-19 period. A particular focus was on the countries with deepest investment gaps, limited resources and a high potential to be affected adversely by the climate crises. The event also focused on whether and how countries are – and should be – using monetary policy, financial regulation, and other policy tools in this transition. The sessions also discussed the potential role of Sovereign Wealth Funds in investment for the green economy.


Welcome Remarks

John Tsoukalas, Professor of Economics, University of Glasgow

Marc Uzan, Executive Manager, the Reinventing Bretton Woods Committee

A New Sustainable Economic and Financial System for Securing a Net Zero Future for the Global Economy

Chair: Sara Carter, Vice-Principal of the University of Glasgow

Tim Gould, Chief Energy Economist, International Energy Agency

Michael Spence, Nobel Laureate in Economics 2001, William R. Berkley Professor of Economics and Business, NYU Stern and Professor of Economics Emeritus, Stanford University

Simone Borghesi, Director FSR Climate, EUI Firenze and Professor of Environmental Economics, University of Siena

Raekwon Chung, Nobel Peace Prize 2007, Member of Intergovernmental Panel on Climate Change (IPCC)

Macroeconomic Impact of Climate Change: The Case for a Green Recovery from the Covid-19 Pandemic

Chair: Ronald MacDonald, Research Professor of Macroeconomics & International Finance, University of Glasgow

Ian Goldin, Professor of Globalisation and Development, University of Oxford

Dipak Dasgupta, Distinguished Fellow, Earth Science and Climate Change

Boris Porfiriev, Scientific Director of the Institute of Economic Forecasting, Russian Academy of Sciences & Aleksandr Shirov, Director of INP, Russian Academy of Sciences

Jean Pisani-Ferry, Padoa Schioppa Chair, EIU Firenze

Climate Change and the Reshaping of Finance

Chair: John Tsoukalas, Professor of Economics, University of Glasgow

Changhua Wu, Chief Executive Officer, Future Innovation Center

Kairat Kelimbetov, Governor of Astana International Financial Centre, Head of the Agency for Strategic Planning and Reforms

Charlotta Groth, Managing Director, Zurich Insurance

Christian Déséglise, Global Head of Sustainable Finance, HSBC

Ding Yifan, Vice Dean, Hainan Green Finance Research Institue

The Potential Role of Public Policy in Sustainable Finance

Chair: Danny Blanchflower, Bruce V. Rauner Professor of Economics, Dartmouth College & Professor of Economics, University of Glasgow

Sayuri Shirai, Professor, Keio University

Leslie Maasdorp, Chief Financial Officer, New Development Bank

Semih Tumen, Professor of Economics , TED University & Former Deputy Governor at Central Bank of the Republic of Turkey

Elsie Addo Awadzi, Deputy Governor, Bank of Ghana

Papuna Lazhava, Deputy Governor, Bank of Georgia

Oyun Sanjaasuren, Director of External Affairs, Green Climate Fund

Closing Remarks

Sir Anton Muscatelli, Principal of the University of Glasgow

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