Four initiatives representing more than 100 leading international insurance companies are today calling on governments worldwide to harness risk management techniques and insurance expertise to help the developing world adapt to climate change. The initiatives will present a statement aimed at world leaders and negotiators of the United Nations Framework Convention on Climate Change (UNFCCC) at a press conference to be held in Lloyd’s of London. The statement will highlight how governments can unlock significant potential to increase the protection and reduce the vulnerability of developing world populations and economies from natural disasters through better risk management and by enabling insurance-type approaches. The four groups launching the statement today, on the eve of an international, low-carbon investment conference convened by the UK government, are ClimateWise, The Geneva Association, the Munich Climate Insurance Initiative (MCII) and the United Nations Environment Programme Finance Initiative (UNEP FI). More…

Source: UNEP FI