As a ClimateCAP Fellow and WISC Team Lead, Wharton MBA Kenneth Xu is exploring how finance, policy, and innovation can work together to drive scalable climate solutions.…Read More
Wharton is pleased to welcome 13 new faculty members this year. Parinitha (Pari) Sastry brings expertise in climate change, housing, and insurance markets.…Read More
(Outlet: Royal Economic Society) The Royal Economic Society (RES) is pleased to announce that the 2025 Royal Economic Society Prize has been awarded to Grischa Perino, Robert Ritz, and Arthur van Benthem for the article ‘Overlapping Climate Policies’.…Read More
(Outlet: Penn Social Policy & Practice) When carefully designed and supported by thoughtful public policy, markets can play a meaningful role in helping communities effectively and efficiently manage the risks of climate change, according to a new article coauthored by Dr. R. Jisung Park. Dr. Park is an assistant professor at Penn’s School of Social Policy & Practice (SP2) with a secondary appointment at the Wharton School.…Read More
The 2024 Wharton Climate Prof packed evidence-based insights into short time slots, giving faculty just five minutes to present their latest research at the intersection of business and climate change.…Read More
How can data centers, with their voracious power demands, be energy efficient? Who regulates these facilities and under what kinds of policies? And how can different software and hardware across the globe be coordinated to work for everyone? As AI advances at breakneck speed, experts at Penn are urgently trying to answer these questions. Professors Arthur van Benthem and Benjamin C. Lee have assembled a multidisciplinary team of scientists, industry professionals, and policy leaders to explore solutions. The group met recently on campus for a two-day workshop, “AI Infrastructure: Foundations for Energy Efficiency and Scalability.”…Read More
(Outlet: CBS News) “We estimate that the top 20% of riskiest zip codes have seen insurance premiums go up by $1,100 on average from 2020 to 2024,” said Ben Keys, a professor of real estate and finance at the University of Pennsylvania’s Wharton School, on a call with reporters. …Read More
(Outlet: Financial Times) Developers are constructing more in high-risk areas — illustrating the twin challenges of adapting to severe weather while addressing a housing shortage.…Read More
(Outlet: The New York Times) The danger from extreme weather is growing, and so are insurance costs. Here’s what to know.…Read More
(Outlet: CNBC) It’s still too soon to fully calculate the cost of the Los Angeles wildfires, but one thing is clear: The cost of insurance will go up, and that will affect not just the value of LA real estate but of real estate across the nation.…Read More
