A new report calls for an expanding use of risk sharing to help the world tackle the climate emergency and highlights the role of the capital markets, as well as instruments such as ILS and catastrophe bonds, in helping to protect lives and livelihoods against loss and damage during a resilient transition to net zero.
The report from the University of Cambridge Institute for Sustainability Leadership (CISL) (which you can download here) has been launched at the COP26 climate conference in Glasgow today and calls for policymakers, financial regulators and industry to expand risk sharing systems at scale in order to tackle the Climate Emergency.
