By providing financial security against droughts, floods, tropical cyclones and other forms of weather extremes, insurance instruments present an opportunity for developing countries in their concurrent efforts to reduce poverty and adapt to climate change. By pricing risk, insurance provides...

Climate change poses a major risk to the global economy. The increasing frequency of severe climatic events, coupled with the unwise nature of economic development, has the potential to create unsustainable levels of damage for the commercial and public financial sectors. The greenhouse gases...

Global change in the form of climate warming, demographic developments, land use and capital movements to vulnerable regions will likely contribute to the already increasing human and economic losses from natural disasters. As countries in both the developing and developed world contemplate...