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Climate Change and Extreme Events: What Role for Insurance?

Authors: Linnerooth-Bayer J, Bals C, Mechler R

Publication Year: 2009

Reference: IIASA Policy Brief #04 (revised December 2009)

www.iiasa.ac.at/Admin/PUB/policy-briefs/#04r

Abstract

Experts expect climate change to affect not just average temperature, but also weather variability and extreme weather events. The effects, including economic and human losses, impose a disproportionate burden on vulnerable developing countries. How can insurance, including public-private arrangements with international support, play a role in helping vulnerable countries adapt? This Policy Brief offers practical guidance to policymakers shaping the post-Copenhagen adaptation strategy.