The insurance industry, a sector with assets worth around USD 15 trillion, needs to urgently step up its low-carbon investments and prepare its portfolios for climate-related financial risks, according to an Asset Owners Disclosure Project report.

The road transport ministry has asked the insurance regulator to direct all companies not to issue or renew insurance of vehicles unless they have ‘pollution under control’ (PUC) certificate.

Ministers of Finance, Agriculture and Governors of Central Banks from African countries have called for further innovative financing mechanisms to deal with the impact of climate change, which has

The Government of Nigeria has signed a Memorandum of Understanding with the African Risk Capacity to work together to address the impact of extreme weather events in Nigeria, including training sup

Kenya Parliament has been asked to consider passing laws to direct farm owners living near national game reserves and parks to take up mandatory insurance policies for protection against damages by

Every year natural and man-made catastrophes cause a distressing loss of lives and considerable economic costs around the world. Both industrialised and developing countries are affected, and surprisingly, both are also materially underinsured.

This report assess the value of insurance as an approach to reducing climate and disaster risk among poor and vulnerable people and identifies key options and challenges.

This brief describes the implementation of index-based flood insurance (IBFI) in countries with large smallhold farming communities to insure farmers against flood losses. The brief outlines the objectives of the IBFI scheme in Bihar, India and identifies key challenges and recommendations.

A major insurance scheme launched on Thursday aims to help up to 4 million poor people in Africa and Asia rebuild their lives after climate disasters, its backers said.

This brochure presents the main findings of a study into insurance mechanisms dealing with climate-related extreme weather events. Insurance has attracted much attention as a tool in climate risk management in this context.

Pages