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Feb 26, 2009

Lord Nicholas Stern and the Inter-American Development Bank host “Development in a More Hostile Climate”

Seminar offers preview of first country-level studies of the economic impact of climate change in Brazil, Mexico and South East Asia

How will climate change impact emerging economies? How might agriculture and industry in specific countries be affected? What can be done to encourage low-carbon, climate resilient economic growth in the developing world?

The Inter-American Development Bank and British economist and academic Lord Nicholas Stern will host a high-level meeting to address these and other questions on Thursday, March 5, 2009.

The event will feature an overview of the preliminary results of landmark studies on the economic impacts of climate change on Brazil, Mexico and South East Asia modeled on the influential Stern Review on the Economics of Climate Change of 2006.

The meeting will also include discussions of the threats to development posed by climate change, strategies for overcoming risks and the role of partnerships and multilateral institutions in responding to climate investment challenges faced by developing countries. It will bring together high-level representatives of governments, regional and international development and UN agencies, the private sector and non-government organizations.

The event is complementary to “U.S. Climate Action: A Global Economic Perspective,” a symposium which is being organized by Lord Stern and the World Resources Institute.

WHO:      Lord Nicholas Stern, British economist and academic
               Daniel Zelikow, Executive Vice President of the IDB
               William Pizer, Deputy Assistant Secretary for Environment and Energy,
               U.S. Department of the Treasury
               Mario Molina, Mexican chemist and Nobel Prize winner 
               Luis Alberto Figueiredo Machado, Director-General of the Department of
               Environment and Special Affairs of the Brazilian Ministry of External Relations
              Alicia Bárcena, United Nations Executive Secretary of the Economic
               Commission for Latin America and the Caribbean
               Timothy Wirth, President of the United Nations Foundation and the Better
               World Fund
               Datu Zamzamin L. Ampatuan, Under-Secretary, Department of Energy,
               Republic of the Philippines

WHEN:    Thursday, March 5, from 8:30 a.m. to 1 p.m.

WHERE:  Inter-American Development Bank 
               Enrique Iglesias Conference Center  
               IDB Auditorium A-3
               1330 New York Avenue, NW 
               Washington, DC 20577
                       
RSVP and press registration: Paul Constance, paulc@iadb.org, (202) 623-2572.

Reporters and camera crews are requested to arrive 15 minutes early. The proceedings will be in English.

Press Contact

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