With the increasing frequency and intensity of climate-change induced natural disasters, urban food systems are at growing risk, further threatening the food security of vulnerable residents.…Read More
The financial risks to local governments from climate change could in principle be broader, impacting a range of revenue sources and changing needed expenditures. In this blog post the Risk Center hears from the City of Pittsburgh about these risks.…Read More
Originally on Knowledge@Wharton, learn why scholars who study disaster recovery are advocating for better federal policies — and greater funding — to help the most vulnerable communities and citizens prepare and rebound from hurricanes, fires, floods and other catastrophes.…Read More
“In order to minimize wildfire risk, California’s electric utilities will sometimes de-energize lines in high risk conditions” Derek Nong, an undergraduate in the Vagelos Integrated Program for Energy Research at the University of Pennsylvania, writes in this blog post.…Read More
Melting sea ice is opening up the potential for increased maritime traffic in the Arctic—presenting challenges for insurers and highlighting tensions between state interests and environmental concerns.…Read More
From Friday, September 11 to Sunday, September 13, the third annual the Hack-for-Resilience competition (“H4R”) was hosted by Wharton Risk Center and the Insurance Information Institute’s (“Triple-I”) Resilience Accelerator as part of the PennAppsXXI hackathon. …Read More
Low-income households too often slip through the cracks of relief and recovery assistance. In many cases, this is by design. Our disaster policies do not provide equitable help, leaving those most in need with insufficient resources to respond and rebuild. Originally posted on The Hill, read this Op-Ed from Carolyn Kousky and Carlos Martin.…Read More
COVID-19 has disrupted nearly every aspect of daily life and captured the world’s attention. Governments, nonprofits, and individuals have directed billions of dollars to COVID-19 relief. Although these efforts are commendable, the attention to the pandemic likely overshadows the urgency of other causes for which donations translate to proven impact. …Read More
California has faced challenges over the years in convincing communities and property owners to adopt land use measures to reduce the likelihood of a fire spreading, notably in areas that are most prone to this risk: the wildland-urban interface (WUI). California’s current fires are a reminder of the need for undertaking strategic measures now to reduce future wildfires.…Read More
As climate change drives up disaster losses, risk transfer tools can help provide financial resiliency to households and communities. Can innovative approaches to disaster coverage help? Originally published by BRINK, read more from Risk Center Executive Director, Carolyn Kousky, and Andy Read of Guy Carpenter.…Read More
