Catastrophe bonds and other insurance or reinsurance related solutions can be a bridge between the private capital markets and humanitarian project funding needs, according to David Howden, CEO of Howden Group.
Speaking at an event of the COP26 climate conference in Glasgow yesterday, Howden explained that the wealth of private capital locked up and often earning little in the way of returns in some institutional markets, could be put mobilised to help address funding gaps and shortfalls in the humanitarian community.
