World Bank Group

10/25/2024 | Press release | Distributed by Public on 10/25/2024 17:32

Insuring Resilience: Covering Climate Change

Insurance helps households, firms and countries cope with shocks by providing the financial resources to rebuild livelihoods after disasters. Yet access remains inadequate, leaving billions without protection, despite successful models of public-private partnership which offer examples of affordable insurance in developing countries.

Participants discussed gaps in insurance markets in providing coverage for climate-related risks and explores models for enabling access to insurance against disasters to vulnerable groups and SMEs.

Panelist

Ms. Faouzia Zaaboul

Mr. Jonathan Dixon

Ms. Veronica Scotti

Mr. Niels Annen

Ms. Hope Murera