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ClimateWise supports the insurance industry to respond to the opportunities of the zero carbon, climate-resilient transition.

Representing a global network of leading insurance industry organisations, ClimateWise aligns its members skills and expertise to enhance societal resilience to climate risk. Its focus is on addressing the growing protection gap: the divide between rising exposure to climate risks versus a decline in access to insurance cover. ClimateWise both facilitates action research and annually reports on its members activities as they integrate The ClimateWise Principles. ClimateWise is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which also provides the Secretariat. 


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The ClimateWise Principles frame how members should respond to climate change across their businesses. Members report annually on their individual progress while a collective review of the ClimateWise community informs governments, regulators and civil society more broadly on the way the industry is responding to the zero carbon, climate-resilient transition.





Action research logo transparentClimateWise’s ‘Societal Resilience Programme’ is a solutions-based research agenda helping insurance to proactively respond to the widening climate risk protection gap. Various collaborative research partnerships – drawing on member and specialist expertise – explore ways insurance can enhance societal resilience by leveraging the industry’s risk carrying, risk management and investment capabilities.




Latest news from ClimateWise

7 December 2016 – ClimateWise launches two reports that warn of growing protection gap due to rising impact of climate risks

ClimateWise, a global network of 29 insurance industry organisations which is convened by the University of Cambridge Institute for Sustainability Leadership, has warned of the urgent need to address the growing $100 billion annual climate risk 'protection gap' in two new reports: Investing for Resilience and the ClimateWise Principles Independent Review 2016.

3 June 2016 – New ClimateWise Insurance Advisory Council to engage global regulators on climate risk

Mountains and forest

ClimateWise announces members for its new ClimateWise Insurance Advisory Council.

Aware of the important role the financial system and its regulators need to play during a successful transition to a zero carbon, climate-resilient economy, the Council seeks to build on the momentum built following the global agreement reached at COP-21 in Paris last December to cap planetary temperature rises to below 2C.




16 December 2015 – The Paris climate deal: did it change the world?

COP Paris perspective cropped

Read the speech given by Maurice Tulloch, Chief Executive Officer, Aviva UK General Insurance and Chairman of ClimateWise. 

The speech was given at the Energy and Climate Intelligence Unit event, hosted by Aviva London, which marked the launch of ClimateWise’s Annual Review 2015.





More news

Thought leadership

Louisiana floods highlight the protection gap

FloodingThe current Louisiana floods, with over 40,000 homes damaged, have been described by the Red Cross as the worst US disaster since Hurricane Sandy.

Yet, in many regions, only 12–14 per cent of flooded properties have adequate insurance cover. Aside from those directly impacted by the floods, this raises serious questions about the role of the insurance industry.

Read more... 


  Climate change and the insurance industry: the legacy of 2015

Flooded electricity pylonsClimate ChangeNatural resource securityLow Carbon transformationClimateWiseThe global agreements signed in 2015 mean that demand for yet more progressive thinking and responses by the insurance industry are inevitable.

Insurers actively considering, responding to and disseminating their response to climate change are highlighting their commitment to maintaining a resilient and therefore profitable business over the long term.



 Rethinking insurance for sustainable development

Village after a typhoon

In the Cambridge Institute for Sustainability Leadership report on insurance, Fellow Dr Ana Gonzalez Pelaez called for access to insurance within emerging markets to be accounted for by regulatory environments in order to aid sustainable development.

However, from an insurance perspective, operating in emerging economies presents many challenges – requiring insurers to have to rethink insurance for these markets.




 More thought leadership




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