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

Knowledge at Wharton

Episode Description

EPISODE OVERVIEW: Research from Susanna Berkouwer – Wharton Professor of Business Economics and Public Policy – is helping economists and policymakers better understand the impact that climate change has on the poor across the world. In this conversation, they explain why low-income populations are so vulnerable to the climate crisis and what can be done to improve their future to address income inequality.

Topics and questions covered: 00:00 - Introductions 1:57 - Defining “low-income” 4:30 - Public influence on climate policy 8:22 - Discussing barriers to energy efficiency 11:12 - Addressing financial barriers 16:21 - Data’s role in climate policy

PODCAST OVERVIEW: Every day, business scholars answer pressing questions in their research — but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect

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Brief Summary

Susanna Berkouwer discusses energy efficiency's financial benefits for low-income families and the intersection of climate change and poverty.

Key points

  • Energy Efficiency's Ripple Effect. Energy Efficiency not only benefits the environment but also reduces financial burdens for low-income families.
  • The Importance of Government Intervention. Governments are increasingly recognizing the need for intervention to address environmental issues affecting low-income populations.
  • Barriers to Energy Efficiency Adoption. Financial barriers prevent low-income families from adopting energy-efficient technologies despite long-term savings.
  • Wharton's New ESG Initiative. Wharton launches a new ESG initiative focusing on climate-related issues across various faculties.

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