Insurance – No Silver Bullet

Parties will be leaving Marrakech with plenty of work ahead to enhance action and support in order to address loss and damage. With key decisions now reached, let’s take a moment to look at the main tool in the loss and damage toolbox: insurance. The ability to cope with loss and damage from climate change is going to involve financial mechanisms, including insurance. ECO hopes and expects that many more vulnerable communities will be supported in their efforts to cope with the losses and damages they are already facing. Such support must be guided by pro-poor principles including accessibility, participation … Continue reading Insurance – No Silver Bullet