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Lunch & Learn: Insurance as a Policy Lever for Addressing Climate Change
Climate change is escalating the risks of many weather-related extreme events, with communities and local governments in the crosshairs and insurance markets at a breaking point. In this talk, Dr. Carolyn Kousky will explore the history of disaster insurance, the important role it plays in communities’ post-disaster economic recoveries, and the current challenges facing housing markets across the US related to insurance. In spite of the challenges facing the insurance sector, private, public, and nonprofit sector actors are partnering to create innovative policies and insurance tools that can help create insurable communities of the future. This talk will be relevant for students interested in climate adaptation and mitigation, community and economic development, and real estate finance.
About the Speaker
Dr. Carolyn Kousky is the founder and Executive Director of Insurance for Good, a nonprofit serving as the community of practice working to harness risk transfer for the common good, and a Senior Fellow at the Kleinman Center for Energy Policy. She is the author of Understanding Disaster Insurance: New Tools for a More Resilient Future and an editor of A Blueprint for Coastal Adaptation. She is a member of the Federal Advisory Committee on Insurance at the U.S. Department of Treasury, a member of the High-Level Advisory Board on the Financial Management of Catastrophic Risks at the OECD, and the vice-chair of the California Climate Insurance Working Group. She has published numerous articles, reports, and book chapters on the economics and policy of climate risk and disaster finance and she is routinely cited in media outlets. She was previously Executive Director at the Wharton Risk Management and Decision Processes Center at the University of Pennsylvania. Kousky has a BS in Earth Systems from Stanford University and a PhD in Public Policy from Harvard University.
This event is co-hosted by the Kleinman Center for Energy Policy and Weitzman Student Planning Association.