Climate Risk and Resilience Lab

The impacts of climate change are creating a range of risks for households, communities, and businesses.  The Climate Risk and Resilience Lab explores public and private sector approaches to improving climate adaptation and building resilience to the adverse impacts of climate change, as well as managing the transition to a low carbon economy.

Climate Risk Solutions

Over the summer of 2019, 30 researchers from across the University of Pennsylvania proposed solutions to a range of climate risk management challenges.

Risk Transfer for Coastal Adaptation

An ongoing project is investing how innovations in risk transfer can help promote climate adaptation in coastal communities.

Adaptation Blueprint

Novel policy approaches, creative new regulatory tools, and visionary planning ideas, which can anticipate future risks and help communities better adapt to a changing climate.

Perino, G., R.A. Ritz, and A. van Benthem (2019). Understanding Overlapping Policies: Internal Carbon Leakage and the Punctured Waterbed.  National Bureau of Economic Research.

Kousky, C. and S. Light (2019). Insuring Nature. Duke Law Journal, 69.

Kousky, C. (2019). “Time for a New Apollo Project: A Climate-Friendly Economy.” The Hill. July 27.

Walls, M., M. Wibbenmeyer, and C. Kousky (2019). “Does the Coastal Barrier Resources Act Provide a Policy Template to Address Wildfire Risk?Resources. March 20.

Kousky, C., K. Greig, and B. Lingle (2019). Financing Third Party Wildfire Damages: Options for California’s Electric Utilities. Philadelphia: Wharton Risk Center, University of Pennsylvania. January.

Hagenlocher, M., Schneiderbauer, S., Sebesvari, Z., Bertram, M., Renner, K., Renaud, F.G., Wiley, H. & Zebisch, M. (2018). Climate Risk Assessment for Ecosystem-based Adaptation: A guidebook for planners and practitioners. Bonn: GIZ.

Epanchin-Niell, R., C. Kousky, A. Thompson, and M. Walls (2016). “Threatened Protection: Sea Level Rise and Coastal Protected Lands of the Eastern United States.” Ocean and Coastal Management. 137(March 1):118-130.

For a full list of publications, see our main publications page:

Flood Resilience Research

The Wharton Risk Center joined with the Zurich Insurance Group (Zurich) and other partners to develop key initiatives and research focused on flood resilience.

Upcoming Climate Events

Check here for upcoming climate risk and resilience-related events taking place at the University of Pennsylvania and around Philadelphia.

New Publication

“This Article turns the climate governance literature on its head, examining the circumstances under which it is possible to insure nature itself in order to preserve these critical ecosystem services in the face of a changing climate.”

Check out Insuring Nature, published in the Duke Law Journal, by Executive Director, Carolyn Kousky, and Associate Professor of Legal Studies and Business Ethics at The Wharton School, Sarah Light.


For more information on the Climate Risk and Resilience Lab, contact Carolyn Kousky