Representatives of more than 100 leading international insurance companies are calling on governments worldwide to harness risk management techniques and insurance expertise to help the developing world adapt to climate change.
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Summing up, Achim Steiner, UN Under-Secretary-General and UNEP Executive Director, said: "The insurance industry is making it clear: it has the expertise and the creative solutions to assist vulnerable countries and communities manage the risks of climate change. But it is a partnership that works both ways."
"Governments need to act on this opportunity and harness this reservoir of risk assessment skills. Secondly, the insurance industry needs a fighting chance of success. In other words governments need to back big cuts in emissions in line with the scientific reality," he added.
Insurance giants seek action to help developing world adapt to climate change
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