Can We Mitigate Climate Disasters?
High intensity flooding events, storms, wildfires, and droughts are becoming more frequent in many parts of the world. Are there measures that can help mitigate the number and severity of these events? What adaptations could make fires, storms, and floods less destructive? And is there a greater role for the government and the private sector when it comes to catastrophic risk insurance? Galina Hale joins EconoFact Chats to discuss these questions. Galina is a Professor of Economics at UC Santa Cruz. She previously served as a Research Advisor at the Federal Reserve Bank of San Francisco.