Utility costs place a significant financial burden on the 35 million very low- to moderate-income (LMI) single-family households in the United States. On average, low-income households spend three times as much to heat and cool their homes as the average household—from 20 percent to 50 percent of their…
Radhika is a Senior Associate with the Buildings Practice at RMI and is presently leading RMI’s engagement on The Global Cooling Prize—an innovation challenge to award and incentivize dramatic breakthroughs in cooling technology that could be accessed by millions of people around the world and save up to 100 gigatons of carbon emissions by 2050, which would mitigate 0.5 C° in global warming by 2100. Radhika has extensive experience in finance, strategy consulting, international development, and policy analysis and continues to support RMI’s work in these areas within the Buildings Practice.
Apart from her work on the Global Cooling Prize, Radhika is co-leading the “Finance the Future” initiative at RMI which looks to scale market-based clean energy and energy-efficiency financing within the U.S. residential sector. Through her work, she has developed expertise in residential and commercial Property Assessed Clean Energy (PACE) financing programs. She has also worked on projects with the U.S. Department of Energy to promote deep energy efficiency retrofits in federal buildings using Energy Savings Performance Contracting (ESPC) arrangements as well as led the financial and business model analysis for a proposed retrofit requirement scenario for commercial buildings at the point of sale for a major city in the U.S.
Before joining RMI, Radhika worked as a sustainability strategy consultant to over thirty Fortune 500 corporations in India and has successfully engaged businesses to catapult solutions for sustainable development.
MA, International Policy Studies, Stanford University
MA, Business Administration, TERI University
EDF Climate Corps Fellow, 2015