{"id":1681,"date":"2024-09-25T19:07:28","date_gmt":"2024-09-25T19:07:28","guid":{"rendered":"https:\/\/research.uga.edu\/team-research\/?post_type=projects&#038;p=1681"},"modified":"2024-09-25T19:15:44","modified_gmt":"2024-09-25T19:15:44","slug":"economic-implications-of-climate-change","status":"publish","type":"projects","link":"https:\/\/research.uga.edu\/team-research\/projects\/economic-implications-of-climate-change\/","title":{"rendered":"Economic Implications of Climate Change"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1727291243492{margin-top: 0px !important;margin-left: 0px !important;padding-top: 0px !important;padding-left: 0px !important;}&#8221;]<\/p>\n<h1 class=\"site-title\"><span style=\"color: #ba0c2f;\">Teaming for Interdisciplinary Research Pre-Seed Program<\/span><\/h1>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row bg_type=&#8221;bg_color&#8221; css=&#8221;.vc_custom_1578672371568{margin-right: 0px !important;padding-right: 0px !important;background-color: #004e60 !important;}&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_column_text css=&#8221;.vc_custom_1578689625749{margin-left: 10px !important;}&#8221;]<\/p>\n<h3><span style=\"color: #ffffff;\">Economic Implications of Climate Change<\/span><\/h3>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1578688669829{margin-right: 0px !important;padding-right: 0px !important;}&#8221;][vc_single_image image=&#8221;324&#8243; img_size=&#8221;full&#8221; alignment=&#8221;right&#8221; onclick=&#8221;link_image&#8221; css=&#8221;.vc_custom_1579096987780{margin-bottom: 0px !important;padding-bottom: 0px !important;}&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1578666495607{margin-top: 10px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<p style=\"text-align: right;\"><a href=\"https:\/\/www.behance.net\/gallery\/82292693\/Climate-Changed\" target=\"_blank\" rel=\"noopener noreferrer\">&#8220;Climate Changed&#8221;<\/a>\u00a0<span data-v-4370462c=\"\">by\u00a0Eiko Ojala<\/span>\u00a0is licensed under\u00a0<a class=\"photo_license\" href=\"https:\/\/creativecommons.org\/licenses\/by-nc-nd\/4.0\/?ref=ccsearch&amp;atype=rich\" target=\"_blank\" rel=\"noopener noreferrer\">CC BY-NC-ND 4.0<\/a><\/p>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_empty_space][vc_column_text]Economic decisions are increasingly influenced by the scarcity of resources and their effect on climate. The transition towards a more environmentally sustainable economy requires development of financial instruments and innovations that will have important implications for markets and their participants, i.e. corporations, intermediaries, and investors. The team&#8217;s intended research will help improve our understanding of the economic implications of altering environmental conditions from the perspective of a variety of stakeholders in the State of Georgia and in the United States more broadly. Towards achieving this goal, the team will identify causal links between changes in environmental conditions and firm or industry cash flows, examine the implications for pricing and hedging of climate risks in financial markets, and evaluate the transparency and disclosure of polluters\u2019 emissions and climate exposures.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h4>Team Lead<\/h4>\n<p><strong>Daniel Rettl<\/strong><br \/>\nDepartment of Finance<br \/>\n<a href=\"mailto:daniel.rettl@uga.edu\">daniel.rettl@uga.edu<\/a><\/p>\n<h4>Team Members<\/h4>\n<p><strong>Ruchi Singh<\/strong><br \/>\nDepartment of Real Estate<\/p>\n<p><strong>Gabriel Kooperman<\/strong><br \/>\nDepartment of Geography<\/p>\n<p><strong>Zhongjin Lu<\/strong><br \/>\nDepartment of Finance<\/p>\n<p><strong>Jill Gambill<\/strong><br \/>\nMarine Extension \/ Sea Grant<\/p>\n<p><strong>Steven Malliaris<\/strong><br \/>\nDepartment of Finance<\/p>\n<p><strong>Craig Landry<\/strong><br \/>\nDepartment of Agricultural and Applied Economics[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[],"class_list":["post-1681","projects","type-projects","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/projects\/1681"}],"collection":[{"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/projects"}],"about":[{"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/types\/projects"}],"version-history":[{"count":0,"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/projects\/1681\/revisions"}],"wp:attachment":[{"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/media?parent=1681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/research.uga.edu\/team-research\/wp-json\/wp\/v2\/categories?post=1681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}