SURED 2026: Modeling Climate Damage on Capital

I presented at SURED 2026 (Sustainable Resource Use and Economic Dynamics), hosted by the University of Basel at Monte Verità in Ascona, Switzerland. My talk, “Modeling Climate Damage on Capital: Reconstruction Dynamics and Investment Allocation in Growth Models” (with Franziska Piontek, Jiarui Zhong, and Johannes Koch), was part of the parallel session on measuring climate damages. The work uses the MINDCET growth model to represent climate damage as the destruction of capital rather than a direct loss of output, showing that the capital channel is a structural source of persistence whose severity depends on reconstruction capacity, the sector affected, and regional economic structure.

Beyond the science, the conference was a wonderful occasion to meet many great researchers working on climate and resource economics, with plenty of time for discussion in a beautiful setting. A group hike through the surrounding landscape made it all the more memorable.