Roundtable Series: Living with 2°C Plus – The Climate Change Adaptation Challenge

CWR’s Debra Tan will be speaking on a panel “Roundtable 3: Managing risk, value and insurance protection” organised the Monash Green Lab roundtables, held in collaboration with the U.S. National Academy of Public Administration. 

Insurance is at the forefront of discussion about impacts of climate. While climate changes the risk profile for physical assets (and non-physical), with the potential for loss and damage, insurance translates this risk into an upfront financial cost.

As global average temperatures rise, the scale and frequency of extreme events is increasing, we are seeing much greater loss and damage and a corresponding rise in insurance premiums. This is making some areas uninsurable.

The rate of change has raised questions about the future of the insurance industry; whether it can continue to function in an environment of growing risk and or whether parts of the business will need to be picked up by governments … but at what cost.

The astronomical costs associated with loss and damage raise further questions about climate adaptation. Does underinvestment in adaptation increase the cost of disaster response and does this in turn reduce our ability to invest in adaptation?

To register for the event, click here.

Date: Friday 14h March 2025
Time: 9:00AM – 10:30AM (HKT) / 12:00PM – 1:30PM (AEDT)
Location: Online Webinar