ClimateWise supports the insurance industry to better communicate disclose and respond to the risks and opportunities associated with the climate-risk protection gap. This is the growing divide between total economic and insured losses attributed to climate change.Representing a growing global network of leading insurance industry organisations, ClimateWise helps to align its members’ expertise to directly support society as it responds to the risks and opportunities of climate change. |
||
ClimateWise PrinciplesThe Principles help members disclose their individual response to climate change. An annual assessment of each member and a collective public review of the ClimateWise community help inform regulators and the broader financial markets on how the insurance industry is responding to the challenges and opportunities they face. |
Societal Resilience ProgrammeThe Societal Resilience Programme convenes impact-orientated, collaborative research to help insurers proactively respond to the widening climate risk protection gap. Three core themes focus on the industry’s support for asset management, regulation, and resilient cities. |
Insurance Advisory CouncilThe Insurance Advisory Council is comprised of C-suite executives from across ClimateWise’s membership base. It commissions high-impact research that helps regulators to fully understand the nature of climate risks impacting insurance and 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
2017 Set to Be Among the Most Expensive on Record After Year of Climate Disasters, Insurance Leaders Warn
21 November 2017 – A climate risk protection gap of US$1.7 trillion caused by extreme weather over the past decade opens up many new opportunities for insurers, says ClimateWise.
How can the insurance industry support sustainable infrastructure in emerging economy cities?
16 May 2017 – ClimateWise publishes new guide to multi-sector collaboration on infrastructure risk and resilience.
The City Innovation Platform: A guide to multi-sector collaboration on resilience
May 2017 – This guide looks at the City Innovation Platform (CIP), a two-day workshop in Dar es Salaam, Tanzania in 2016. The CIP explored how the public and private sectors can collaborate more effectively to deliver sustainable, financeable and insurable infrastructure projects. The workshop involved the active participation from a city network of senior Dar city officials, the insurance industry, asset managers and the private sector.
ClimateWise welcomes the TCFD’s draft disclosure recommendations
28 February 2017 – ClimateWise also calls for closer alignment across both sides of insurers’ balance sheets.
