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Climate Crisis: Climate Change's Impact on Inequality | Susanna Berkouwer — Ripple Effect Podcast

April 18, 2023 / 00:37

This episode features Susanna Burkhauer, a professor at the Wharton School, discussing climate change and its impact on inequality. Key topics include financial risks for subsistence farmers and large businesses due to climate uncertainties.

Burkhauer explains how climate change increases risks for various stakeholders, from small farmers concerned about crop yields to large corporations worried about storm impacts on operations.

She emphasizes the importance of financial tools in mitigating these risks and uncertainties, highlighting their potential to support both individuals and businesses.

The conversation encourages listeners to consider the broader implications of climate change on economic inequality.

TLDR

Susanna Burkhauer discusses climate change's impact on inequality and financial risks for farmers and businesses.

Episode

0:37
00:00:00
I'm Susanna burkhauer I'm a professor of business economics and public policy at
00:00:04
the Wharton School and my research focuses on how climate change can perpetuate inequality across the world
00:00:09
one of the defining characteristics of climate change is increased risk and uncertainty and this is going to matter
00:00:14
from subsistence Farmers worrying about how climate risk might affect their annual crop yields which they rely on to
00:00:21
feed their families all the way up to the biggest businesses operating in the U.S who might be worried about how
00:00:26
bigger storms affect their factories and so I'm interested in understanding how
00:00:29
Financial tools can address these Financial risks and uncertainties to hear more tune into the ripple effect
00:00:35
podcast

Episode Highlights

  • Understanding Climate Change Risks
    Susanna Burkhauer explores how climate change increases risk and uncertainty for all, from farmers to big businesses.
    “One of the defining characteristics of climate change is increased risk and uncertainty.”
    @ 00m 11s
    April 18, 2023

Episode Quotes

  • Climate change can perpetuate inequality across the world.
    Climate Crisis: Climate Change's Impact on Inequality | Susanna Berkouwer — Ripple Effect Podcast
  • This is going to matter.
    Climate Crisis: Climate Change's Impact on Inequality | Susanna Berkouwer — Ripple Effect Podcast
  • How climate risk might affect their annual crop yields.
    Climate Crisis: Climate Change's Impact on Inequality | Susanna Berkouwer — Ripple Effect Podcast

Key Moments

  • Climate Inequality00:05
  • Risk and Uncertainty00:11
  • Financial Tools00:31