Summer School 2023

The impacts of climate change materialize at the local level, yet physical connections e.g. via water sheds or international trade or migration trigger the transmission of climate change impacts across borders. Due to the high complexity of global supply chains, these transnational climate risks affect not only climate sensitive sectors such as agriculture, but also industrial and service sectors that are usually not at the center of climate change impact assessments. The IPCC and several national and international agencies have therefore identified transnational climate risks to be potentially very damaging, particularly for highly trade exposed countries. However, the economic literature on this issue is still emerging. The summer school therefore reviews different economic modeling approaches capable of assessing transnational and cascading climate risks. Lectures will cover different approaches to assess economic impacts and adaptation in various impact fields, such as flooding, heat, drought and migration etc. Additional topics are the modeling of response strategies, including international adaptation finance. Students will deepen their knowledge of their own core methodological experience, get a better understanding of complementary methods, and gain insights into novel modeling tools from related fields such as political science.