Robert Engle sets a case for how we can use previous economic shocks to prepare for future shocks involving climate change. Using the data from V-Lab, he measures the geopolitics events with the greatest global impact and explores how to build a model that demonstrates how different volatility residuals respond. Robert then walks through the climate change risk mitigation strategies for investors.
Key learning objectives:
Understand how we can measure multiple risk factors
Learn how we can prepare for economic shocks
Identify four different goals of investing for climate change