The NYU Stern Climate Economics Journalism Fellowship will bring a group of journalists to NYU Stern’s Greenwich Village campus to learn from globally recognized experts in the emerging field of climate economics. Participants will discuss the fundamental factors and latest trends in climate economics and finance.

The next cohort of the Fellowship will meet in New York City on September 18 and 19, 2025.

ELIGIBILITY:

Applications are open to and welcome from all journalists (both reporters and editors, and including freelancers) interested in covering the interface between climate and the economy. While aspects of the course have a focus on U.S. policies and institutions, we also welcome applications from journalists based outside the United States.

NYU Stern will select the final group of Fellows based on the documents submitted by applicants including the letter of motivation.

Applications for the Fellowship are open, and will close on April 20, 2025. Fellowship recipients will be contacted by late May 2025. To apply, please submit a CV, cover letter, and examples of your work here.

The sessions cover the fundamental economics and latest trends in climate economics. Prior training in economics is not required. Topics include:

How Climate Change is Roiling the Housing and Insurance Markets

Climate Risks to Financial Stability

How Climate Change is Altering Corporate Decision Making

The Economics of Climate Regulation + Carbon Markets

Biodiversity Loss as an Emerging Economic Risk

The Fast-Changing Economics of Renewable Energy and Electric Vehicles

Emerging Regulatory and Legislative Trends in Climate Finance and Economics

Within these topics, we will consider urgent questions such as: Why are home insurance markets breaking down across the U.S.? What’s a carbon border adjustment mechanism and how might it affect global trade? How do cap-and-trade systems work? How do you calculate the Social Cost of Carbon, and why does it matter? What are the problems with carbon offsets, and how might they be solved? What are the economic and financial market effects of nature and biodiversity loss? How do the economics of renewable energy markets work?

Dan Fagin will lead a discussion of the challenges of reporting on the interactions between climate change and the economy.

There will be social events to allow for plenty of opportunities to get to know the other fellows and faculty in an informal setting.

BENEFIT:

The Fellowship is fully funded by NYU Stern, and there is no corporate or advocacy-group sponsorship:

All the costs of operating the program including all meals will be borne by NYU Stern. In addition, Fellows admitted to the program who reside outside the New York Metro Area will receive a $2,000 stipend to cover travel and accommodation costs; those residing inside the New York Metro Area will receive a  $1,000 stipend. Depending on your residency status, the Fellowship payment may be subject to tax withholding. Please see here for details.