Climate Risk and Response in a Post-Pandemic World

with Dr. Jonathan Woetzel and Dr. Mekala Krishnan | 12:00pm ET / 9:00am PT

Aug 13, 2020 | 12:00 – 13:00 Download .ics

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Global carbon emissions could fall by an estimated 5.5% in 2020 as a result of declining industrial production in the wake of the COVID-19 pandemic. But if the change is not systemic these effects may be fleeting, and changing climate could put hundreds of millions of lives, trillions of dollars of economic activity, and the world’s physical and natural capital at risk.

We are joined by Jonathan Woetzel and Mekala Krishnan, authors of a new report by the McKinsey Global Institute that develops a framework and methodology for decision-makers to estimate risks in their own specific context. Drawing on insights from a yearlong research effort, they will explore the role of climate risk in strategic decision-making and the question of how to address climate change in a post-pandemic world.

Dr. Jonathan Woetzel is a Director and Senior Partner at McKinsey Global Institute. Based in China since 1985, he has been instrumental in building McKinsey’s China office. He also leads McKinsey’s Cities Special Initiative and is responsible for convening McKinsey’s work with city, regional, and national authorities in more than 40 geographies around the world. He is a co-chair of the not-for-profit think tank, the Urban China Initiative—a joint venture of Tsinghua University and McKinsey—that aims to develop and implement solutions to China’s urbanization challenges. He is the author of several books, including Capitalist China: Strategies for a Revolutionized Economy (Wiley & Sons, 2003).

Dr. Mekala Krishnan is Senior Fellow at the McKinsey Global Institute. Her research focuses on various topics related to inclusive growth and economic development, including climate risk, globalization, productivity growth in advanced economies, and women’s role in labor markets. She is a member of a task force at the Hutchins Center on Fiscal and Monetary Policy at Brookings focused on improving productivity measurement; serves on an advisory board for the Sibley School of Mechanical Engineering at Cornell University and is a board member of the Global Fund for Women. She holds Ph.D. and M.S. degrees in Mechanical Engineering from Cornell University and a Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology Delhi.

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