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The Road To Glasgow

Speech given by Mark Carney. Governor of the Bank of England, Finance Adviser to the Prime Minister for COP26.

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Climate Summit Press Release

UN Development Programme, Germany, UK and Insurance Development Forum announce commitments to increase insurance protection in climate-exposed countries in line with the InsuResilience Vision 2025 goals.

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The Insurance Development Forum becomes a Supporting Institution of the United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI)

The Insurance Development Forum (IDF) is pleased to announce its commitment to the UNEP FI Principles for Sustainable Insurance (PSI) by becoming a supporting institution.

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A Lloyd’s Risk Report

A world at risk, Lloyd’s second underinsurance report, produced with CEBR, shows there is global underinsurance of $162.5bn in 2018.

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Enhancing banks’ and insurers’ approaches to managing the financial risks from climate change

In this consultation paper (CP), the Prudential Regulation Authority (PRA) seeks views on a draft supervisory statement (SS) on banks’ and insurers’ approaches to managing the financial risks from climate change (see Appendix).

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Vulnerable Economies Call for Accelerated Financial Shift

Finance Ministers from the V20 Group of climate vulnerable countries today sought large-scale changes to global finance flows, saying the funding shift needs to happen sooner, covering far larger amounts that can help protect economies from the worsening impacts of climate change.

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The global battle to reduce the impact of disasters

The importance of raising public awareness about disaster risk has been highlighted in tragic fashion by the latest earthquake and tsunami to strike Indonesia.

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Global Risk Financing Facility

The governments of Germany and the UK, with support from the World Bank, are establishing a new Global Risk Financing Facility (GRiF) to pilot and scale up support to strengthen the resilience of vulnerable countries to climate and disaster shocks.

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UN 20-year review: earthquakes and tsunamis kill more people while climate change is driving up economic losses

The last twenty years have seen a dramatic rise of 151% in direct economic losses from climate-related disasters, according to a report released today by the UN Office for Disaster Risk Reduction in advance of International Day for Disaster Reduction on October 13.

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Financing risk in Eurasia: Community, country and region

Risk is part and parcel of development, entwined with development and inseparable from that development. Increasingly it is recognized that an understanding and management of risk is what makes development truly sustainable.

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