Enhancing the insurance sector's contribution to climate adaptation:
Insurance coverage plays an important role in protecting households, businesses and governments from the financial impacts of climate-related disasters. However, climate change is expected to increase the frequency and/or intensity of a range of climate-related (weather) perils and could potentially...
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2023
|
| Schriftenreihe: | OECD Business and Finance Policy Papers
no.26 |
| Schlagworte: | |
| Online-Zugang: | UBA01 TUM01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 FHI01 Volltext |
| Zusammenfassung: | Insurance coverage plays an important role in protecting households, businesses and governments from the financial impacts of climate-related disasters. However, climate change is expected to increase the frequency and/or intensity of a range of climate-related (weather) perils and could potentially limit the availability of affordable insurance in the future. Risk reduction through adaptation to climate change will be the only sustainable means to limit the increase in future climate damages and losses and potential disruptions to insurance markets. This paper examines the contribution of the insurance sector to climate adaptation. It outlines some of the challenges to assessing future climate risks, encouraging policyholder risk reduction and supporting resilient reinstatement. The paper also identifies potential approaches that policymakers, regulators and supervisors could consider to support a greater contribution of the insurance sector to climate adaptation |
| Beschreibung: | 1 Online-Ressource (33 Seiten) |
| DOI: | 10.1787/0951dfcd-en |
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| spelling | Enhancing the insurance sector's contribution to climate adaptation Organisation for Economic Co-operation and Development Paris OECD Publishing 2023 1 Online-Ressource (33 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Business and Finance Policy Papers no.26 Insurance coverage plays an important role in protecting households, businesses and governments from the financial impacts of climate-related disasters. However, climate change is expected to increase the frequency and/or intensity of a range of climate-related (weather) perils and could potentially limit the availability of affordable insurance in the future. Risk reduction through adaptation to climate change will be the only sustainable means to limit the increase in future climate damages and losses and potential disruptions to insurance markets. This paper examines the contribution of the insurance sector to climate adaptation. It outlines some of the challenges to assessing future climate risks, encouraging policyholder risk reduction and supporting resilient reinstatement. The paper also identifies potential approaches that policymakers, regulators and supervisors could consider to support a greater contribution of the insurance sector to climate adaptation Environment Finance and Investment OECD (DE-588)5157-3 isb https://doi.org/10.1787/0951dfcd-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Enhancing the insurance sector's contribution to climate adaptation Environment Finance and Investment |
| title | Enhancing the insurance sector's contribution to climate adaptation |
| title_auth | Enhancing the insurance sector's contribution to climate adaptation |
| title_exact_search | Enhancing the insurance sector's contribution to climate adaptation |
| title_exact_search_txtP | Enhancing the insurance sector's contribution to climate adaptation |
| title_full | Enhancing the insurance sector's contribution to climate adaptation Organisation for Economic Co-operation and Development |
| title_fullStr | Enhancing the insurance sector's contribution to climate adaptation Organisation for Economic Co-operation and Development |
| title_full_unstemmed | Enhancing the insurance sector's contribution to climate adaptation Organisation for Economic Co-operation and Development |
| title_short | Enhancing the insurance sector's contribution to climate adaptation |
| title_sort | enhancing the insurance sector s contribution to climate adaptation |
| topic | Environment Finance and Investment |
| topic_facet | Environment Finance and Investment |
| url | https://doi.org/10.1787/0951dfcd-en |
| work_keys_str_mv | AT oecd enhancingtheinsurancesectorscontributiontoclimateadaptation |