flooding from Hurricane Katrina

Wharton Risk Management and Decision Processes Center

The Wharton Risk Management and Decision Processes Center, established in 1985, is a research center affiliated with the Wharton School at the University of Pennsylvania. Engaging students and faculty throughout the University in collaborations, research projects, and other partnerships, the Center is recognized worldwide as a leader in risk-related research and policy analysis. The Risk Center also serves as a bridge between scholars at Penn and organizations and decision-makers in the public and private sectors.

The Wharton Risk Center is engaged in a wide breadth of research and education activities on topics related to climate and the environment. Most of this work is housed in the Center's Business, Climate, and Environment Lab, which supports cutting edge research, provides thought leadership, and brings together stakeholders from academia, government, communities, and the private sector to design smart public and private sector policies related to topics such as climate change, renewable energy, air, and water pollution, waste disposal, biodiversity, and deforestation, as well as the Disaster Risk Management Lab. Additionally, the Risk Center's 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.