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ClimateWise

ClimateWise supports the insurance industry to communicate and respond to the risks and opportunities of the climate-risk protection gap.

Representing a growing global network of leading insurance industry organisations, ClimateWise aligns its members’ expertise to help society respond to the challenges it faces from climate change. ClimateWise’s focus is on addressing the climate-risk protection gap: the growing divide between total economic and insured losses.

ClimateWise Principles

The ClimateWise Principles frame members' responses to climate change. Members disclose their progress annually and a collective review of the ClimateWise community informs regulators and the broader financial markets on how the industry is responding to the challenges and opportunities they face.

Societal Resilience Programme

The Societal Resilience Programme convenes solutions-based, collaborative research to help insurers proactively respond to the climate risk protection gap. The Programme’s specific focus is on the industry’s support for regulation, the financial markets and enhancing city resilience.

Insurance Advisory Council

The Insurance Advisory Council is comprised of C-suite executives from across ClimateWise’s membership base. It commissions high-impact research to support regulators to fully understand the nature of climate risks impacting insurance. It also identifies opportunities where insurers can support system-wide responses across the financial markets.

ClimateWise is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which also provides the Secretariat. Decisions and positions of the group do not represent the policies or positions of CISL or of the wider University of Cambridge.

Latest


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

7 December 2016 – 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.

ClimateWise launches two reports that warn of growing protection gap due to rising impact of climate risks - Read More…

Investing for resilience

December 2016 – Investing for Resilience explores how the insurance industry can contribute to redirecting substantial flows of capital into resilience enhancing investments. This includes helping in the development of a resilience rating system.

Investing for resilience - Read More…

Closing the protection gap: ClimateWise Principles Independent Review 2016

December 2016 – The ClimateWise Principles Independent Review 2016 of the six ClimateWise Principles finds a second year of improved scores for members of the insurance industry leadership group. Members have demonstrated their ongoing support for the zero carbon, climate-resilient transition yet the report finds a need for the industry to do more within its investment activities.

Closing the protection gap: ClimateWise Principles Independent Review 2016 - Read More…

  

 

       

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