Presentation on theme: "Insurer perspectives on climate change adaptation Results of a global survey – A sneak preview UNEP FI December 2011."— Presentation transcript:
Insurer perspectives on climate change adaptation Results of a global survey – A sneak preview UNEP FI December 2011
UNEP FI’s approach to insurance and climate change adaptation Insurance industry How is the insurance industry contributing to the climate resilience of economies and communities through its risk management and risk transfer products and services? What are examples of effective solutions and how can these brought to scale? National and local governments What actions by national and local governments are needed by the insurance industry to develop and scale up risk management and risk transfer products and services for vulnerable communities? Intergovernmental process How can the intergovernmental process – specifically the next international climate change regime under the UNFCCC – mobilise the insurance industry to develop, implement and scale up risk management and risk transfer solutions for vulnerable communities, particularly those in developing countries?
Highest climate risk in the past 20 years in developing countries
Survey Background 67 participants 24 countries 56 companies 33 from developed countries; 32 developing countries
Question 1 - climate change?
Question 3 – insurer action: processes
Question 2 – relevance of climate change?
Question 4 – insurer action: products
Question 7 – making it real.
Question 8 – to do´s for government - locally
Question 8 – to do´s for government - nationally
Question 8 - to do´s for government - internationally
Preliminary conclusions Insurers are already adapting to climate change, across lines of business and internal processes Insurers are already helping societies and economies adapt to climate change These activities can be expanded and up-scaled through public-private collaboration There are ideal roles for local, national and international government bodies to play