Tackling the insurance protection gap: Leveraging climate and nature to increase resilience
A new WWF white paper, “Tackling the Insurance Protection Gap: leveraging climate and nature to increase resilience ”, warns that degrading ecosystems are amplifying climate risks and driving uninsured losses across advanced economies. The paper examines the link between climate change and nature loss and the global insurance protection gap. A complementary policy brief translates these findings into targeted recommendations for governments, financial regulators and insurers to strengthen resilience and keep societies insurable.
The white paper analyses the insurability challenge beyond property insurance, demonstrating how climate and nature risks are also driving losses across health, agriculture, liability, business interruption and infrastructure – increasing health costs, reducing productivity, raising food prices and leaving supply-chain disruptions uninsured.