We employ econometric and other mathematical data-analysis and modeling techniques with the aim of gaining insights into climate-related decision-making in the past and in the future. Specifically, we study how different economic, private and public actors responded to past weather extremes and explore a range of sustainable adaptation strategies for the future. To this end, we combine historical and projected climate data with socio-economic observations, indicators and development pathways. Previously, we have e.g. studied how temperature shocks affect economic productivity and electricity consumption or how the impacts of extreme weather events can cause ripple effects in the global trade and food supply networks (see publications).
Cooperations
We cooperate with scientists at UC Berkeley, Columbia University, University of Sydney, Leiden University and the MCC in Berlin and contribute to the IMPACT-EE project (Impact of Intensified Weather Extremes on Europe's economy)
Projects
ImpactEE
Selected publications
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M. Kotz, L. Wenz, A. Stechemesser, M. Kalkuhl, A. Levermann
Day-to-day temperature variability reduces economic growth
Nature Climate Change (accepted). -
L. Wenz, A. Levermann, S.N. Willner, C. Otto, K. Kuhla
Brexit no-trade-deal scenario: short-term consumer benefit at the expense of long-term economic development
Plos One 15 (2020). https://doi.org/10.1371/journal.pone.0237500 -
M. Kalkuhl & L. Wenz. The impact of climate conditions on economic production. Evidence from a global panel of regions. Journal of Environmental Economics and Management 102360 (2020). https://doi.org/10.1016/j.jeem.2020.102360
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L. Wenz, U. Weddige, M. Jakob, J.C. Steckel. Road to glory or highway to hell? Global road access and climate change mitigation. Environmental Research Letters 15 (2020). https://dx.doi.org/10.1088/1748-9326/ab858d
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A. Stechemesser, L. Wenz, A. Levermann. Corona crisis fuels racially profiled hate in social media networks. The Lancet - EClinicalMedicine (2020). https://doi.org/10.1016/j.eclinm.2020.100372
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F. Ueckerdt, K. Frieler, S. Lange, L. Wenz, G. Luderer, A. Levermann. The economically optimal warming limit of the planet. Earth System Dynamics 10 (2019). https://doi.org/10.5194/esd-10-741-2019
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C. Otto, S. N. Willner, L. Wenz , K. Frieler, A. Levermann. Modeling loss-propagation in the global supply network: The dynamic agent-based model acclimate. Journal of Economic Dynamics and Control 83 (2017). DOI: 10.1016/j.jedc.2017.08.001.
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L. Wenz, A. Levermann, M. Auffhammer. North-South polarization of European electricity consumption under future warming. Proceedings of the National Academy of Sciences 114 (2017). DOI: 10.1073/pnas.1704339114.
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L. Wenz & A. Levermann. Enhanced economic connectivity to foster heat stress-related losses. Science Advances 2 (2016). DOI: 10.1126/sciadv.1501026.
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C. Bren d'Amour, L. Wenz, M. Kalkuhl, J.C. Steckel, F. Creutzig. Teleconnected food supply shocks. Environmental Research Letters 11 (2016). DOI: 10.1088/1748-9326/11/3/035007.
