International Online Сonference "Climate Policy: Risks and Consequences for the Economy and Financial Sector"

The international online conference "Climate Policy: Risks and Consequences for the Economy and Financial Sector" was held on March 17, 2021. The conference was organized by BEROC Economic Research Center and IPM Research Center with the support of Sweden and the British Embassy in Belarus.

Climate change has become one of the important topics on the international agenda. Many governments are changing the way they regulate economic activity to minimize its impact on the climate. The UK was the first country among developed economies to pass legislation to reduce greenhouse gas emissions to zero by 2050. The European Green Deal aims to achieve zero total pollution by 2050. Governments' climate plans are already starting to affect the global and regional economy, and every year this impact will become more and more serious.

Jacqueline Perkins, the British Ambassador to Belarus, and Kateryna Bornukova, BEROC Academic Director, made the opening remarks at the conference.

Iryna Sakalouskaya, UNDP, and Anastasia Bekish, RECONOMY (Sida/Helvetas), moderated the panels.

Experts from Belarus, Great Britain, Russia, and Ukraine discussed how climate policy is changing the economy and the financial system.