Making good decisions on climate risk and the low carbon transition:

Managing climate change risk and the shift to a low-carbon economy have rapidly moved up the agenda for policymakers, businesspeople and investors.  In the rush for solutions, rigorous thinking on changing costs and benefits will be at a premium - but traditional economic analysis has struggled to keep up with the pace of change, and the wide scope of the problem.  In this session, two leading practitioners will present a update on how the framework of economic analysis is adapting to the task in policy, commerce and academia. They will discuss designing long-range climate scenarios and making more holistic assessments of wealth and resource creation and endowment.

Dr Mallika Ishwaran is a Senior Economist and Head of Policy Strategy in Group Strategy at Shell International.  She has more than 20 years of experience working as an economist and policy-maker, in the public sector, private sector, and academia.  She advises on energy and climate change policies to inform Shell’s long-term scenario outlooks, strategic engagements with national and city governments, and internal Shell policy and advocacy positions, and regularly represents Shell on these issues externally.   Prior to joining Shell, she was a senior civil servant in the UK government and a member of the UK Government Economic Service, and has worked in the Cabinet Office, the Department for Environment, Food and Rural Affairs, and Her Majesty’s Revenue and Custom.  She has published UK government position papers on climate change policy, energy markets, and economic growth and the environment.  Prior to joining the UK civil service, Dr. Ishwaran worked for several years as an economist and policy-maker in the US.  She received her Ph.D. from Carnegie Mellon University, after receiving her B.A. from St. Stephen’s College, Delhi University.

Dimitri Zenghelis is Project Leader for the Wealth Economy project centred at Cambridge University and a Senior Visiting Fellow at the London School of Economics. He was until recently Head of Policy at the Grantham Research Institute at the LSE and Acting Chief Economist for the Global Commission on the Economy and Climate. Previously, Dimitri headed the Stern Review Team at the Office of Climate Change, London, and was a lead author on the Stern Review on the Economics of Climate Change, commissioned by the then Chancellor Gordon Brown.

Chaired by Sunil Krishnan, Aviva Investors, this event will be held live via Zoom.