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