Noreen Clancy

Photo of Noreen Clancy
Senior Policy Analyst
Washington Office


M.S. in environmental science and policy, The Johns Hopkins University; B.A. in criminology and law, University of Florida

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Noreen Clancy is a senior policy analyst at the RAND Corporation. Her prime areas of interest relate to energy and environment issues and the financial services sector. Most recently, she has studied post disaster events.  She recently contributed to the long-term recovery plan for Puerto Rico, specifically addressing housing recovery efforts.  After Hurricane Sandy, she assessed the risks of flooding in New York City, the implications of an expanded flood map, the rising cost of flood insurance and whether homeowners will have trouble affording the higher premiums. She is also co-PI of a grant in the Gulf of Mexico examining the community resilience attributes of areas heavily impacted by the 2010 Deepwater Horizon oil spill.

Clancy's financial services research has included co-authoring a study of hedge funds and systemic risk, examining the regulatory structure of broker dealers and investment advisors for the SEC and evaluating how assets are valued (historical cost vs mark-to-market accounting) and whether that led to risk accumulation problems or market distortion during the financial crisis. She is currently leading a study of blockchain technology and its implications for the financial services sector.

Prior to joining RAND, Noreen worked at the National Oceanic and Atmospheric Administration and the President’s Council on Environmental Quality. She holds an M.S. in environmental science and policy from Johns Hopkins University.


  • Houses are seen partially submerged in flood waters caused by Tropical Storm Harvey in Northwest Houston, Texas, August 30, 2017

    Why Houstonians Didn't Buy Flood Insurance

    Thousands of Houston-area homeowners will face massive, uninsured losses due to flood damage. Few homeowners buy flood insurance unless they are required to, and it's only mandatory for homes with mortgages located in FEMA-defined high-risk flood zones. People tend to ignore low-probability risks.

    Sep 12, 2017 The RAND Blog

  • An ocean gas rig emits plumes of smoke

    Global Methane Initiative: Converting Harmful Emissions to Usable Energy

    Carbon dioxide has garnered the most attention in the climate change debate because it accounts for the bulk of greenhouse gas emissions. But there is good reason to worry about methane, say Nicholas Burger and Noreen Clancy.

    Feb 6, 2013 The RAND Blog