January 5, 2022 Helen Wiley, interviewer In the face of escalating extreme weather events, having disaster insurance is becoming even more critical for households to secure greater financial resilience. However, few homeowners know that, for example, most homeowner insurance policies do not cover flooding resulting from a natural disaster event.…Read More
Climate Center
Climate Change and the Transition to a Carbon-free Economy: Managing Risks and Harnessing Opportunities
This conference featured panels on the intersection of climate change and financial markets and the financial system, the housing market, insurance markets, and emerging markets for renewable energy finance and carbon credits.…Read More
Tackling the Climate Crisis: Can Business Lead the Way?
October 29, 2021 This post was originally published as a Knowledge@Wharton article on October 25, 2021. The world is running out of time to solve the climate crisis, and businesses are under increasing pressure to lead the charge. A recent United Nations panel report blamed human activity for rapidly warming the planet…Read More
How Insurers Can Support Climate Adaptation
October 26, 2021 Kelly Hereid Kelly Hereid, PhD, CCRMP, is the director of catastrophe R&D at Liberty Mutual in the Corporate Enterprise Risk Management group. She specializes in climate change and emerging risks. She has a PhD in Geological Sciences from the University of Texas – Austin, focusing on climate…Read More
2021 Wharton Alumni Climate Change Conference
The Wharton Club of the National Capital Region (WCNCR) is pleased to announce the virtual Climate Change Conference from October 18-21, 2021 to increase awareness, examine core topics of climate change, and open doors for new opportunities and collaboration. …Read More
2021 Wharton Climate Prof
Inspired by “Iron Chef” and Wharton’s own “Iron Prof” events, this special event took place during Penn’s Climate Week (September 20 – 24, 2021) to showcase the climate-related research of Wharton faculty. …Read More
Machine Learning Models for Predicting, Understanding and Influencing Health Perception
August 11, 2021 Ada Aka and Sudeep Bhatia Ada Aka is a doctoral student in the Marketing and Psychology departments at the Wharton School of the University of Pennsylvania. She is a 2019 and 2020 Russell Ackoff Doctoral Student Fellow and received grant funding for this research. Ada studies fundamental…Read More
Direct Air Capture: Costs, Benefits, and the Future
August 6, 2021 Hiyori Yoshida Hiyori Yoshida is a recent graduate of the Jerome Fisher M&T dual degree program with a MSE and BSE in computer science, BSE in business analytics, and a minor in math. She participated in the Risk Center’s Undergraduate Fellowship for the 2020-21 academic year. 95% of…Read More
The Role of Home Equity in Flood Insurance Demand
July 28, 2021 Yanjun (Penny) Liao and Philip Mulder With another active hurricane season ahead of us, the vulnerability of the U.S. coastal housing market will likely once again become a central policy topic. Studies have shown that homes without flood insurance suffer elevated rates of delinquencies and foreclosures after…Read More
Historic Preservation and Sea Level Rise
July 9, 2021 Kellie King Kellie King is a 2021 graduate of the Weitzman School of Design, where she earned a Master of City Planning with a focus in land use and environmental planning. She is passionate about climate change adaptation planning in coastal communities. Kellie is an AmeriCorps alumna…Read More