Publications
Insurance and Global Climate Mitigating, and Responding to the Risks
The reaction of businesses to the vast, cross-cutting challenge of global climate change has spurred the insurance industry to offer an array of new products and services aimed to reduce climate-related losses, facilitate emerging mitigating technologies, and encourage carbon trading markets. This advisory focuses on some of these new products, particularly those supporting the nascent “green” building movement and carbon emission reduction markets. These products stimulate investment in these emerging areas which, in turn, makes possible cutting-edge developments that promise to reduce or mitigate the adverse effects of global warming.