Roundtable Discussion on Measuring the Macro-Criticality of Nature
About this session: There is growing recognition of the importance of natural capital and ecosystem services in driving economic growth and the need to include them in macroeconomic analyses– including the IMF and World Bank’s Debt Sustainability Analysis and sovereign risk assessments of credit rating agencies. The aim of this workshop is to discuss current methodologies to quantify nature’s economic benefits and establish “macro-criticality” - the degree to which it has the potential to impact a country's overall economic health.
The roundtable will be lead by Chetan Hebbale (pronunciation: chey-thin, huh-ball-ay) who is the Managing Policy Advisor for Greening Sovereign Debt at The Nature Conservancy where he focuses on incorporating of natural capital into the macroeconomic models of the IMF, World Bank, and credit rating agencies. Prior to TNC, he served as a Special Assistant and Policy Advisor in the Biden-Harris White House working on issues related to nature-based solutions, climate finance, adaptation and resilience, and clean energy. He did his Masters in International Relations at Johns Hopkins University with a focus on Climate, China, and International Economics and Finance, and his undergrad from the University of Georgia majoring in Microbiology and Economics.
When: Wednesday 25th of June
10.00-12.00 Presentation and roundtable discussion
12.00-12.45 Networking
Where: Cambridge Judge Business School
This event is in collaboration with Cambridge climaTRACES Lab.