22 April 2024 - Ursula Woodburn, Director of CISL’s Europe office and the Corporate Leaders Group Europe, explains how insurers can take action to help mitigate against the effects of climate change and why MEPs can influence this for SustainableViews.
"Insurers are at the sharp end of many climate debates. They play a crucial role in helping to ensure the resilience of local economies in the face of natural disasters as risks to people and infrastructure increase – whether that is down to heavy flooding, as northern France experienced in January, forest fires, which are becoming more frequent in the Mediterranean, or failed harvests decimating crops in Portugal, Spain and Italy year on year.
"However, insurers should also be using their capital to help stop these extreme weather events happening in the first place by supporting businesses on the road to a sustainable economy."
Read Ursula's op-ed on SustainableViews
Read about ClimateWise, which helps to align insurance industry expertise to directly support society as it responds to the risks and opportunities of climate change.