ENGLISH

Climate Change and Insurance: Disaster Risk Financing in Developing Countries

By Michael Grubb , Eugene Gurenko

Book information

Publisher
Earthscan Publications Ltd.
Year
2007
ISBN
1844074838, 9781844074839
Open Library ID
OL11908490M
Language
english
Format
PDF
Filesize
1 MB (1252968 bytes)
Series
Climate Policy Series
Pages
97\97
Time added
2011-04-20 14:05:05

Description

Climate change brings about a new set of major economic risks arising from changing weather patterns, extreme weather events and rising sea levels. Those most at risk are developing countries, who, despite considerable post-disaster donor aid, have been bearing the major brunt of disaster-related losses. One adaptation solution that is rapidly gaining support of countries and international donors is a risk transfer to the global reinsurance and capital markets. This volume, a special issue of the journal Climate Policy, explores the role that insurance-based mechanisms can play in helping these countries to prepare for climate change. It offers a unique and comprehensive perspective on the potential role of insurance solutions in global adaptation to climate change.

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