Youthonomics, the monthly essay writing competition for the youth, organized by SANEM, has become a platform for young intellectuals for academic and policy discussions and debates. Through Youthonomics, SANEM encourages young writers to voice their views and opinions on socio-economic issues. SANEM awards prize money and certificates to the winners of each episode of Youthonomics. SANEM believes that engaging the youth in an intellectual and academic discussion is essential for developing a more informed and rational society.
The 8th episode of Youthonomics was held in April 2020. The topic of Youthonomics-8 was “Economics of Climate Change”. Participants presented their assessment of the emerging problem of climate change along with notable proposals on the feasible economic ways to ensure the sustainable development through the lens of climate change in their respective articles. Global climate change has become one of most crucial subject in the scientific and public policy arena. Over the past century there has been an unusually rapid increase in Earth’s average temperature, primarily due to the unprecedented accumulation of carbon dioxide resulting from the burning of fossil fuels and emissions of other greenhouse gases. The effect of this rise in temperature includes increased frequency of severe weather events (such as heat waves, hurricanes, and tornadoes), greater intensity of storms, and rise in sea level. These https://iabdm.org/prednisone-online/ changes pose serious threats to the welfare and existence of mankind and other living things on earth through impacts on ecosystem, biodiversity, and human health.The economics of climate change refers to the study of the economic costs and benefits of climate change, and the analysis of the economic impact of actions targeting at limiting its effects. However, there are huge uncertainties in the estimation of both the costs and benefits related to climate change. Also, there are uncertainties over thresholds for climate change impacts and the pace and form of technological innovation that can take shape in the future. The effects of climate change are not uniform across countries. Different parts of the world are likely to be affected differently. Such as, countries closer to North and South poles will experience warmer temperatures and once inhospitable land will experience melting of ice. Small island nations are at risk of extinction due to rising sea levels. Low lying islands and countries are at a greater risk of flooding both from rising sea levels and increased precipitation. Countries near the equator are likely to experience severe weather.
The winners of episode 8 were:
- 1st place: MD. Imran, Department of International Relations, University of Dhaka
- 2nd place: Jinat Jahan Khan, Department of Economics, University of Dhaka
- 3rd place: Naima Jahan Trisha, Department of Economics, Jahangirnagar University
