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Past Event

The Economics of Sustainable Development

The World Bank, in collaboration with George Washington University (GWU) and the University of Virginia (UVA), will host the 2nd World Bank-GWU-UVA Conference on ¡°The Economics of Sustainable Development.¡±

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About the Conference

The World Bank, in collaboration with George Washington University (GWU) and the University of Virginia (UVA), will host the 2nd World Bank-GWU-UVA Conference on ¡°The Economics of Sustainable Development.¡±

This event brings together academics and development economics practitioners to present and discuss pressing questions relating to sustainable development, a theme central to the World Bank¡¯s mission of tackling poverty on a livable planet.

The theme of sustainable development is of increasing importance due to the growing recognition that a commitment to development and tackling poverty is unviable without an equal commitment to addressing climate change, pollution, and environmental degradation.

The conference will cover various topics, including biodiversity and forests, the economics of natural resources, and pollution, with a focus on frontier work related to Africa.

Organizers

 (The World Bank)

Andrew Dabalen (The World Bank)

C¨¦sar Calder¨®n (The World Bank)

Aparajita Goyal (The World Bank)

 (The World Bank)

 (George Washington University)

 (University of Virginia)

(University of Virginia)

DATE: December 2, 2024

LOCATION: World Bank, 1818 H Street NW, Washington DC 20433

ROOM: MC 4-800

Register by: Wednesday, November 27, 2024

Date: December 2 (M); Room: MC 4-800, World Bank Headquarters, Washington, D.C.

Breakfast and coffee from 7.30


Welcoming remarks 8.00-8.15

Andrew Dabalen (Chief Economist for sub-Saharan Africa, The World Bank)

Sheetal Sekhri (UVA)

Remi Jedwab (GWU)


Session 1 - 8.15-10.00 - Energy and Pollution

Chair: Andrew Dabalen (Chief Economist, Africa Region)
Each of the following three papers has 20 mins without interruptions + 10 mins Q&A

8.15-8.45 Paper 1 - Vittorio Bassi (USC) - Jobs in the Smog:  Firm Location and Workers¡¯ Exposure to Pollution in African Cities

8.45-9.15 Paper 2 - Namrata Kala (MIT) - How Rules and Compliance Impact Organizational Outcomes: Evidence from Delegation in Environmental Regulation

9.15-9.45 Paper 3 - Susanna Berkouwer (Wharton) - Cooking, health, and daily exposure to pollution spikes

9.45-10.00 Policy discussion (15 mins): Siddharth Sharma, Lead Economist, South Asia Chief Economist¡¯s Office


Coffee 10.00-10.20


Keynote ¨C 10.20-11.20

Chair: Richard Damania, Chief Economist, Planet Vice-Presidency

10.20-10.25 Introduction

10.25-11.05 Keynote - Michael Greenstone (Chicago) - Urgency of Air Pollution Problem and Some Potential Solutions

11.05-11.20 Policy discussion:
Junaid Ahmad (Vice President, Multilateral Investment Guarantee Agency (MIGA)
Martin Raiser (Regional Vice President, South Asia)


Session 2 - 11.20-12.30 - Forests and Biodiversity

Chair: Genevieve Connors, Practice Manager, Global Department for the Environment

Each paper has 20 mins without interruptions + 10 mins Q&A

11.20-11.50 Paper 1: Ben Groom (Exeter) ¨C Pricing biodiversity and nature-based solutions for climate change

11.50-1.20 Paper 2: Eric Zou (Michigan) - Trade, Trees and Health

12.20-12.30 Policy discussion (10 mins): Juan Jose Miranda Montero, Senior Environmental Economist, Africa-East Environment Department


12.30-1.30 Lunch


Session 3 - 1.30-3.15 ¨C Natural Resources & Development

Chair: Chakib Jenane (Regional Director for Africa West, Planet Vice-Presidency)  

Each paper has 20 mins without interruptions + 10 mins Q&A

1.30-2.00 Paper 1: Fiona Burlig (Chicago) - Value of Clean Water:  Experimental Evidence from Rural India

2.00-2.30 Paper 2: Vaois Triantafyllou (Cornell) - The non-green effects of going green:  Local environmental and economic consequences of lithium extraction

2.30-3.00 Paper 3: Kyle Meng (UCSB & CEA) - Dodging Day Zero: Drought, Adaptation and Inequality in Cape Town

3.00-3.15 Policy discussion (15 mins): Fan Zhang, Global Lead for Water Economics and Climate Change, Water Department


Coffee 3.15-3.40


Topical keynote - 3.40-4.30 - Energy in developing countries

Chair: Stephane Straub, Chief Economist, Infrastructure Vice Presidency

3.40-3.45 Introduction

3.45-4.20 Topical keynote - Nick Ryan (Yale) - Carbon Offset Markets

4.20-4.30 Q&A


Session 4 - 4.30-5.30 - Lightning Round Presentations

Chair: Jonathan Colmer, Associate Professor of Economics and Public Policy, University of Virginia

Each paper has 15 mins without interruptions + 5 mins Q&A

4.30-4.50 Paper 1: Robyn Meeks (Duke) - The Demand for Electric Cooking: Experimental Evidence from Nepal.

4.50-5.10 Paper 2: Mathilda Eriksson (Georgia State University) - Droughts Worsen Air Quality by Shifting Power Generation in Latin America and the Caribbean

5.10-5.30 Paper 3: Molly Lipscomb (UVA) - Imperfect Competition and Sanitation: Evidence from Randomized Auctions in Senegal


Reception at GWU (5 mins walk from the World Bank) - 6.00-7.30

1957 E St NW, Washington, DC 20052
Lindner Family Commons, Room 602, 6th floor

KEYNOTES SPEAKERS

Milton Friedman Distinguished Service Professor in Economics, University of Chicago

Michael Greenstone is the Milton Friedman Distinguished Service Professor in Economics at the University of Chicago. In addition, he serves as faculty director of the interdisciplinary Energy Policy Institute at the University of Chicago and was recently announced as the founding director of the University¡¯s new energy and climate institute. He was previously the director of the Becker Friedman Institute for Economics. During the Obama Administration, he served as the Chief Economist for the President¡¯s Council of Economic Advisers. He is an elected member of the American Academy of Arts and Sciences, a fellow of the Econometric Society, a Carnegie Fellow (aka the ¡°Brainy Award¡±), and a former editor of the Journal of Political Economy. Greenstone received a Ph.D. in Economics from Princeton University and a B.A. in Economics with High Honors from Swarthmore College.

Associate Professor of Economics, Yale University

Nick is an Associate Professor of Economics. He studies energy markets and environmental regulation in developing countries. Energy use enables high standards of living, but rapid, energy-intensive growth has caused many environmental problems in turn. Nick¡¯s research measures how energy use and pollution emissions respond to regulation and market incentives. His work includes empirical studies of the effect of power grid capacity on electricity prices, how firms make decisions about energy-efficiency and how environmental regulation can be designed to best abate pollution at low social cost. Recent research studies the adoption and pricing of renewable energy in developing countries.?He received a PhD in Economics from the Massachusetts Institute of Technology in 2012 and a BA in Economics summa cum laude from the University of Pennsylvania. He previously worked as a Research Associate in the Capital Markets group at the Federal Reserve Board of Governors in Washington, DC.

PRESENTERS

Assistant Professor of Economics, University of Southern California

Vittorio Bassi is an Assistant Professor of Economics at the University of Southern California. He is also a Lead Academic of the Uganda Country Team of the International Growth Center, as well as a CEPR and CEGA Affiliate. His main research interests are in labor markets and productivity in developing countries. Vittorio completed his PhD in Economics at University College London in 2017.

Susanna B. Berkouwer Assistant Professor of Business Economics and Public Policy, Wharton School, University of Pennsylvania

Susanna B. Berkouwer is an Assistant Professor of Business Economics and Public Policy at the Wharton School of the University of Pennsylvania. Their research spans environmental economics and development economics, with projects studying energy efficiency adoption, carbon offsets, electricity grids, and air pollution from energy usage. They are a Faculty Research Fellow with the National Bureau of Economic Research, an affiliate with J-PAL and with BREAD, and an Associate Editor of the Journal of Development Economics. Susanna holds a PhD from UC Berkeley and an MA from Yale University.?

Assistant Professor, Harris School of Public Policy, University of Chicago

Fiona Burlig is an Assistant Professor at the Harris School of Public Policy at the University of Chicago, an NBER Faculty Research Fellow, a BREAD affiliate, and Deputy Faculty Director of the Energy Policy Institute at the University of Chicago (EPIC)-India. She is an applied microeconomist with research interests in and at the intersection of energy, environmental, and resource economics and development economics. Prior to joining Harris, she was a postdoc in the Department of Economics at the University of Chicago. She holds a PhD in agricultural and resource economics from the University of California, Berkeley, and a BA in economics, political science, and German from Williams College.

Visiting Researcher, Maurice R. Greenberg School of Risk Science and the Department of Economics at Georgia State University

Mathilda Eriksson is an environmental economist with a wide range of interests related to climate change mitigation and adaptation. One strand of her research builds on policy-optimization models that integrate climate change into long-run macroeconomic analysis to assess the welfare implications of different policy alternatives. Another strand of her research is empirical and aims to quantify the losses from extreme weather events and the extent to which policy interventions can reduce these losses.

She is currently a Visiting Researcher at the Maurice R. Greenberg School of Risk Science and the Department of Economics at Georgia State University. Her experience outside academia includes working as an economist at the Swedish National Institute of Economic Research and as a consultant for the World Bank.

Dragon Capital Chair in Biodiversity Economics, University of Exeter

Ben Groom is currently the??at the Department of Economics, University of Exeter. Between 2012 and 2020 Ben was a Professor of Environment and Development Economics at the Department of Geography and Environment at the London School of Economics and Political Science. Ben studied a BSc in Economics at Sheffield University, an MSC in Environmental and Resource Economics at UCL, and completed his PhD in Economics at UCL in 2005 on the topic of empirical and theoretical aspects of social discounting for distant time horizons.

Ben has a professional background working in environmental and development economics, having spent 2 years as an Overseas Development Institute (ODI) fellow between 1998 and 2000. Since then his work on social discounting has informed government policy guidance in the US, UK, Norway and the Netherlands, inter alia, and also OECD guidance on Cost Benefit Analysis for transport projects. Ben acted as a consultant for numerous international organizations, including the World Bank, the Asian Development Bank, the OECD and the WWF.

Associate Professor in Applied Economics, MIT Sloan School of Management

Namrata Kala is an Associate Professor in Applied Economics at the MIT Sloan School of Management. Her research interests are in environmental, development, and organizational economics. Her current research projects include studying how firms adapt to environmental change and regulation, the returns to environmental technologies, and the returns to worker training and incentives. ?She received her PhD in environmental economics from Yale University. Namrata is the Scientific Advisor of J-PAL South Asia's Air and Water Lab, a Research Associate at the National Bureau of Economic Research (NBER), an affiliate with the Center for Economic and Policy Research (CEPR), and Joint Managing Editor of Economic Journal.

Associate Professor of Public Policy and Economics; Director of the Center for Social Innovation, University of Virginia

Molly Lipscomb is an associate professor of public policy and economics and the director of the Center for Social Innovation at the Frank Batten School of Leadership and Public Policy at the University of Virginia. Lipscomb¡¯s research focuses primarily on environmental issues in developing countries and adaptation to lack of centralized health and sanitation services.? She has analyzed the incentives to pollute near downstream borders, the impact of access to electricity on human development and poverty indicators, the impact of increased agricultural productivity on deforestation, the effectiveness of auctions in reducing prices for sanitation services, and methods of targeting subsidies to households to increase take-up of improved sanitation services.

Lipscomb received her Ph.D. from the University of Colorado at Boulder in 2009 and has served as a consultant at the World Bank and a Peace Corps Volunteer in the Islamic Republic of Mauritania.

Assistant Professor, Sanford School of Public Policy, Duke University

Robyn Meeks is the Mark and Lynne Florian Assistant Professor at the Sanford School of Public Policy at Duke University and a faculty affiliate of Duke University¡¯s Nicholas Institute for Energy, Environment & Sustainability and the Duke Center for International Development. Professor Meeks is on the Faculty Advisory Committee of the James E. Rogers Energy Access Project at Duke. Her research is at the intersection of environmental and development economics with much of her work focusing on understanding individual and household responses to the introduction of various water and energy technologies, policies, and types of infrastructure in developing countries. Professor Meeks has implemented field research in a number of countries, including India, Nepal, Kyrgyzstan, Kenya, Kazakhstan, Pakistan and Peru.

Associate Professor of Economics, University of Santa Barbara

Kyle Meng?is an Associate Professor at the Bren School of Environmental Management and the Department of Economics at the University of California, Santa Barbara. He is a Faculty Research Fellow at the National Bureau of Economic Research, Climate and Energy Program Director at the Environmental Markets Solutions Lab. Dr. Meng studies the equity and efficiency consequences of climate policies and has published in leading economics and science journals. He received his PhD in Sustainable Development from Columbia University and his Bachelor¡¯s in Civil and Environmental Engineering from Princeton University. A first-generation immigrant, he was a recipient of the Paul and Daisy Soros Fellowship for New Americans.

Ph.D. candidate in Economics at Cornell University.

Vaios Triantafyllou is a fourth-year Ph.D. candidate in Economics at Cornell University, where his work focuses primarily on the distributional effects of the?green?transition. He is particularly interested in the transitional costs for workers, as well as the impacts of environmental regulation in developed countries on populations and firms in their developing trade partners. He has an engineering background, with a bachelor¡¯s in Mechanical Engineering and Applied Mechanics from Harvard University and a master¡¯s in Mechanical Engineering from the University of Pennsylvania.

Assistant Professor of Business Economics and Public Policy, University of Michigan

Eric Zou is an Assistant Professor of Business Economics and Public Policy at the Stephen M. Ross School of Business, University of Michigan, and a Faculty Research Fellow at the National Bureau of Economic Research. Zou studies the economics of pollution prevention in China and the United States. His current work targets emerging sources of pollution, evaluates their impacts on human and ecosystem health, and explores regulatory and consumer technology solutions. Zou received his Ph.D. in Economics from the University of Illinois at Urbana-Champaign, and holds a B.S. in Economics from East China Normal University.

CHAIRS & DISCUSSANTS

Chief Economist, Sustainable Development Practice Group, The World Bank

Richard Damania is the Chief Economist of the Sustainable Development Practice Group, effective March 1, 2020.? He has held several positions in the World Bank including as Senior Economic Advisor in the Water Practice, Lead Economist in the Africa Region¡¯s Sustainable Development Department, in the South Asia and Latin America and Caribbean Regions of the World Bank.? His work has spanned across multiple sectors and has helped the World Bank become an acknowledged thought-leader on matters relating to environment, water and the economy. Prior to joining the World Bank, he was a Professor of Economics at the University of Adelaide.? He has published extensively with over 100 papers in scientific journals, has held numerous advisory positions with governments and in international organizations, and serves on the Editorial Board of several prestigious scientific journals.

Andrew Dabalen

Chief Economist, Africa, The World Bank

Andrew Dabalen is the World Bank¡¯s Africa Region Chief Economist since July 1, 2022. The Chief Economist is responsible for providing guidance on strategic priorities and the technical quality of economic analysis in the region, as well as for developing major regional economic studies, among other roles.

His research and scholarly publications focused on poverty and social impact analysis, inequality of opportunity, program evaluation, risk and vulnerability, labor markets, and conflict and welfare outcomes. He has co-authored regional reports on equality of opportunity for children in Africa, vulnerability and resilience in the Sahel, and poverty in a rising Africa.?

A Kenyan national, Dabalen?holds a master¡¯s degree in international development from University of California - Davis, and a PhD in Agricultural and Resource Economics from University of California - Berkeley.

Junaid Ahmad

Vice President, Multilateral Investment Guarantee Agency (MIGA)

Junaid Kamal Ahmad is the VP of Operations at MIGA, part of the World Bank Group, dedicated to mobilizing private finance for development in emerging markets. Formerly the Country Director for India, he holds a PhD from Stanford and has extensive experience in public finance and infrastructure reform.
Prior to joining the World Bank Group, Mr. Ahmad worked in the Planning Commission, Government of Bangladesh, in the areas of trade and industrial policy. He has published on fiscal federalism and decentralization and has worked in diverse regions, emphasizing public-private partnerships to drive economic sustainability and state capability. His earlier roles include Chief of Staff and Special Assistant to the President of the World Bank Group.

Genevieve Connors

Practice Manager, Environment Department, Global Platforms Unit, The World Bank

Genevieve Connors is the Practice Manager for the Global Platforms Unit in the World Bank's Environment Department. She focuses on the blue economy, forests, biodiversity, and pollution management. From 2022 to 2024, she managed environmental initiatives in Latin America and the Caribbean. Previously, she oversaw climate change operations and led the Water and Sustainability program in India, including the National Ganga River Basin Project. Genevieve holds a B.A. in Modern History from Columbia, an M.Phil. from Cambridge, and a Ph.D. from MIT. She joined the World Bank as a Young Professional in 2006.

Martin Raiser

Vice President, South Asia Region, The World Bank

As the Regional Vice President for South Asia, Mr. Raiser manages Bank relations with Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, and oversees a portfolio of projects, techni cal assistance and financial resources worth almost US$55 billion.

Mr. Raiser has also held positions as the Country Director for Ukraine, Belarus and Moldova, Country Director for Turkey, Country Director for Brazil and Country Manager for Uzbekistan.

Mr. Raiser holds a doctorate degree in Economics (summa cum laude) from the University of Kiel, Germany, and degrees in Economics and Economic History from the London School of Economics and Political Sciences.

Mr. Raiser, a German national, is married and has four children. He has published numerous articles in refereed economic journals and authored several books.

Senior Environmental Economist, World Bank

Juan Jose Miranda?is a Senior Environmental Economist at the World Bank, where he started in 2013. He holds a Ph.D. in Economics at Georgia State University with a focus on environmental, behavioral, and development economics. He leads analytical work on impact evaluation, conducts policy research, and provides analytical economic support on sustainable development issues. Juan Jose has published in the Journal of Environmental Economics and Management, Journal of the Association of Environmental and Resource Economists, Proceedings of the National Academy of Sciences, The American Journal of Political Science, and American Economic Review (P&P), among others.

Regional Director for Sustainable Development, West and Central Africa, World Bank

Chakib Jenane?is the Regional Director for Sustainable Development for the Western and Central Africa Region at the World Bank and is responsible for driving sustainable development initiatives and transformative projects in the region. Chakib Jenane previously served the Practice Manager for the Agriculture and Food Practice. Prior to joining the World Bank, Chakib held key positions at the United Nations Industrial Development Organization among which as Chief of the Agro-industry Technology Unit and deputy-Director of the Agribusiness Development Branch. Chakib has also served as a university Professor at the Department of Agricultural Engineering at the Institute of Agronomy and Veterinary Medicine in Rabat, Morocco. A Moroccan national He holds a Doctorate-es-Sciences degree from the Institute of Agronomy and Veterinary Medicine in Rabat and an MS in agricultural engineering from the University of Minnesota. He also completed a post-Doctorate within the Bio-systems Engineering Department of the University of Nebraska-Lincoln. with experience in the field of sustainable development.

Associate Professor of Economics and Public Policy in the Department of Economics at the University of Virginia

Jonathan Colmer is an Associate Professor of Economics and Public Policy in the??at the?, and the Co-Founder and Director of the?.?

Jonathan is an environmental economist, who also works around growth and development economics. His research combines data with insights from economic theory and environmental science to better understand how economic activity and the environment influence one another. Research Interests include: How we can manage natural assets and liabilities in a way that maximizes global economic potential? How does environmental quality affect poverty, economic opportunity, and inequality? And What are the causes of environmental inequality?

He is a?Theme Leader for the Climate & Environment Program at?, a?research affiliate of?, the?,?,?and?the?, and a?research associate at the?.?

St¨¦phane Straub

Chief Economist for Infrastructure, The World Bank

Dr. St¨¦phane Straub?is the Chief Economist for the Infrastructure Vice Presidency, where he brings his wealth of knowledge and expertise to drive forward the economic dimensions of transformative infrastructure projects. Previously, he was professor at the Toulouse School of Economics, where he remains an associate member.

He has held academic and teaching positions in Latin America, the United States, United Kingdom, and France, worked as a Lead Economist with the World Bank's Sustainable Development Practice ??His focus on infrastructure, procurement, and institutions in developing nations highlights his commitment to sustainable and equitable development. Research into infrastructure's societal impact, public-private partnerships, and corruption underscores St¨¦phane's multidimensional approach. As a former President of the European Development Network and Secretary of the Jean-Jacques Laffont association, he champions academic excellence and positive global change.

Lead Economist, The World Bank

Siddharth Sharma is a Lead Economist in the World Bank¡¯s Office of the Chief Economist for South Asia. His research interests include productivity, innovation, and labor markets, particularly how firms are affected by regulatory policies and new technologies. He is currently working on environmental issues in South Asia. He has co-authored several World Bank reports and was a core team member of the World Development Report 2017.? Siddharth has a Ph.D. in Economics from Yale University.

Lead Economist, Global Lead for Water Economy and Climate Change, World Bank

Fan Zhang is the Global Lead for Water, Economy, and Climate Change at the World Bank. Previously, she has worked in the Chief Economist¡¯s Office of Infrastructure VPU, Chief Economist¡¯s Office of the South Asia region and the Eastern Europe and Central Asia Region, and in the Energy and Extractives Global Practice. She has led both lending and advisory programs in the areas of energy, climate change, green growth and poverty reduction. Since joining the WTR GP in November 2021, she has led efforts to develop CLEAR Water, a new diagnostic tool and associated data dashboards to support water analysis in Country Climate Development Reports (CCDRs). She leads a multi-year water economics research program to deliver cutting-edge knowledge of water¡¯s role in the economy and climate change¡¯s impact on water supply and demand. She is also leading a new World Bank Water and Development Report series aimed at providing regular updates on the state of global water and identifying hotspots for water policy and investment interventions. Her research has been featured in such media outlets as the Economist and Bloomberg News. Before joining the Bank, she was an Assistant Professor in Energy Economics and Policy at Pennsylvania State University. She has a Ph.D. from Harvard University.

About the Venue

The conference will be held at the World Bank's Headquarters, located at 1818 H Street, NW, Washington DC 20433, USA.

World Bank Main Entrance

Please do not use the visitor¡¯s entrance on 18th street but the main entrance at 1818 H street near the intersection of H street and Pennsylvania Avenue.

Map of World Bank main entrance

Elliott School of International Affairs

The cocktail reception will take place after the last session from 6:00 pm to 7:30 pm at the Elliott School of International Affairs, 1957 E Street at the intersection of E and 19th Streets (Lindner Common Rooms, 6th Floor) - GWU (George Washington University). The photo below will show you how to get from the World Bank MC building to 1957 E Street.

Map of reception at GWU

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Date: December 02, 2024

Time: 09:00 AM - 05:00 PM ET

Location: Washington, DC