The Policy Incubator supports novel approaches for increasing resilience through the development of visionary ideas, encouragement of innovative thinkers, and the advancement of workable on-the-ground solutions.
The Policy Incubator is:
A thought leader, supporting innovative and potentially transformative approaches to building resilience.
A test kitchen, where promising policies are analyzed and researched, giving support and grounding to visionary ideas.
A voice for the public good, committed to resilience opportunities that benefit everyone.
An independent convener, bridging disciplines and sectors, combining perspectives, translating across boundaries, and promoting collaboration through evidence-based policy design and analysis.
A trusted source for independent analysis, workable tools, and implementable solutions.
Upgrading Flood Insurance
Linking Risk Reduction
& Risk Transfer
Policies for Dynamic
Disaster Insurance Gap
Updates from the Policy Incubator
Resilience Lab Notes
Recent Blog Posts:
As climate change continues to influence extreme events, the role of insurance in adapting to these changes is becoming an increasingly important topic. In theory, insurance has a critical role to play in promoting disaster resilience. However, empirical papers cleanly identifying the relationships between insurance and recovery and mitigation outcomes is surprisingly limited.
The CBRA prohibits federal financial assistance to new development in designated coastal areas, forcing private actors to bear the full costs of development. Could a similar approach be used to address escalating wildfire costs? Could Congress designate a “High Wildfire Hazard Resources System” to eliminate federal incentives to develop those lands?
When PG&E filed for bankruptcy protection in January, several observers declared the electric utility the first casualty of climate change. But as much as global warming is to blame for PG&E’s financial woes, state policy is equally responsible. To preserve the health of its utilities, California will need to reform its strict liability laws and support better wildfire risk management.
EXPERT IDEATION TO SOLVE POLICY CHALLENGES
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Wharton Risk Management
and Decision Processes Center
St. Leonard’s Court | Suite 130
3819 Chestnut Street
Philadelphia, PA 19104