This conference contributes to this debate, envisaging a rich array of research papers encompassing a wide range of topics, which aim at shedding light on significant issues that seem especially important to me: Climate and energy-related events have a sizable impact on firm activity, with potentially disruptive effects on several levels, such as labour productivity, final demand, supply chain linkages, or energy source differentiation.
Disentangling  1/2  BIS - Central bankers' speeches  these channels is important in assessing how climate shocks shape the allocation of production factors and are mapped onto aggregate outcomes. Climate change has a profound impact on banks' balance sheets and lending practices.