COP 27

Many climate-related risks such as droughts and hurricanes hitting poor communities are too often considered uninsurable by the private sector. And many of the most vulnerable people who are impacted by climate change do not have access to traditional banking and insurance services.

There are increasing policy signals that agreements and strategies around insurance and the formation of a Global Shield against Climate Risks community of public, private and humanitarian parties will form a key part of the outputs from COP27.