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International

Radhika Lalit

Manager
  • Global Climate Finance

Radhika is a Manager with the Global Climate Finance team at RMI and is presently leading the institute’s engagement on the Center for Climate-Aligned Finance. Radhika has extensive experience in finance, strategy, project management, international development, and policy.

BACKGROUND

Most recently, Radhika was managing a global coalition of over 30 leading organizations to spur innovation in the air conditioning industry through the Global Cooling Prize—a competition awarding up to $3 million to innovators who develop a Room AC (RAC) technology that has 5X less impact that a typical RAC in the market today. Such a technology when scaled has the potential to mitigate up to 0.5 degree in global warming by 2100. Radhika was responsible for instituting the prize and led the overall prize design, governance and communications strategy. At RMI, Radhika previously led the “Finance the Future” initiative which looks to scale clean energy and energy-efficiency financing within the U.S. residential sector. She has also worked within the Buildings program at RMI 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 and residential buildings at the point of sale for a major city in the U.S.

Prior to 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.

Radhika has a Master’s in International Policy Studies from Stanford University, as well as MBA in Finance and engineering bachelor’s from leading institutions in India.

EDUCATION

MA, International Policy Studies, Stanford University

MA, Business Administration, TERI University

EDF Climate Corps Fellow, 2015

 

Authored Works
Outlet Blog Post

How India Is Solving Its Cooling Challenge

Today, 40% of the world’s population resides within the hot tropical regions, where many of whom are exposed to potentially life-threatening temperatures for at least 20 days a year. Approximately 12,000 people die around the world annually due to heatwaves, and as our planet warms, these temperature surges are becoming more…

Outlet Blog Post

Energy and Affordability in Housing Finance

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…

Outlet Blog Post

Rebuilding America and the “New Normal” of Resilience

This year’s hurricane season is the most expensive on record, with $202.6 billion in damages according to Bloomberg. These storms across the Atlantic had devastating impacts on people’s lives and homes, on communities, and on infrastructure in the hardest-hit areas. In fact, the damage from Hurricane Harvey is still…

Outlet Blog Post

How to Be a Sustainability Champion in Challenging Times

Are you working for a corporation that does not care about sustainability or energy efficiency? Do you feel like a lone warrior fighting a larger-than-life battle within your organization? Does your senior management view your passion as an expense with no return on investment? If the answer to any of…