Organizations Involved: Environmental Defense Fund, Initiative on Climate Risk and Resilience Law
Source: Environmental Defense Fund
Abstract
Climate change-driven events — such as heat waves, droughts, floods, and wildfires — pose a direct threat to the health and safety of individuals and communities. But beyond the immediate physical impacts, these events also jeopardize the financial stability of communities across the U.S., disrupting markets and local economies. This is particularly evident in the insurance sector, where traditional models are struggling to keep pace with the increasing frequency and severity of climate-related disasters.
In this webinar, the following distinguished speakers engaged with potential innovative insurance solutions to address the climate-amplified gaps in insurance coverage, such as micro-insurance, and the role of law and regulation in facilitating those solutions.
• Carolyn Kousky, Associate Vice President, Economics and Policy, EDF
• Jonathan Gonzalez, Co-Founder and CEO, Raincoat
• Dave Jones, Director, Climate Risk Initiative, UC Berkeley Center for Law, Energy, and the Environment
• Deborah Halberstadt, Special Advisor to the Commissioner on Biodiversity and Inclusive Insurance, CA Department of Insurance