Nov 6, 2023
In episode 194 of America Adapts, we take a deep dive on climate risk and the insurance sector. Earlier in the fall host Doug Parsons attended a two day conference hosted at American University in Washington DC. The conference was organized by Environmental Defense Fund, SBP and American University. The event brought together experts that focus on the role of insurance when it comes to building equity in disaster recovery, reducing future losses, expanding coverage with new innovations, and managing increasing climate-related disasters. You’ll hear the need for insurance companies to conduct climate risk analysis and the role of government in addressing these issues. Experts at this conference laid the intellectual groundwork on where the insurance industry will need to go and you’ll hear highlights in this episode.
This episode was generously sponsored by Environmental Defense Fund.
Transcripts available here.
Agenda from the Climate Risk conference available here.
Video recordings from the Climate Risk Conference available here.
- Dr. Carolyn Kousky, Associate Vice President for Economics and Policy at Environmental Defense Fund
- Francis Bouchard, Managing Director, Climate, Marsh McLennan
- Helen Wiley, Disaster Preparedness Program Director, SBP
- Janelle Kellerman, Founder The Center for Sea Rise Solutions
- Rob Moore, Senior Policy Analyst, People & Communities Program, Natural Resources Defense Council
- Theodora Makris, Program Manager at Center for NYC Neighborhoods
- Kate Stillwell, Founder of Jumpstart Insurance
- Doug Heller, Director of Insurance, Consumer Federation of America
Topics covered:
- Managing climate risk
- Reducing Inequities in Recovery
- Community Models of Insurance
- Insurance and Local Government Financial Needs
- Escalating Climate Risk and Insurance Markets
- Rethinking public and private strategies for risk transfer
- Linking flood insurance to buyouts
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Resources and Links in this
episode:
Inclusive Insurance for
Climate-Related Disasters: A Roadmap for the United States
SBP’s Prepare Program
Harnessing Risk Transfer to Support
Immediate Post-Disaster Needs of Low- and Moderate-Income
Households: A Meso-Insurance Pilot in New York City
Improving the Post-Flood Financial
Resilience of Lower-Income Households through Insurance
Community-Based Catastrophe
Insurance
Parametric Insurance for
Disasters
Can Insurance Save us from Climate
Disaster?
Background on home buyouts:
https://www.nrdc.org/bio/anna-weber/going-under-post-flood-buyouts-take-years-complete
Jumpstart Insurance
California Climate Insurance Working
Group
Learn your flood risk now:
https://www.floodhelpny.org/
Battelle's third annual Innovations in Climate Resilience Conference (ICR24) takes place on April 22-24, 2024, in Washington, DC. This toolkit is meant to help share messaging and information with your audiences.
ICR24
Website
https://www.battelle.org/conferences/conference-on-innovations-in-climate-resilience
IMPORTANT KEY DATES
· Abstract Submission Deadline – December 11, 2023 – Submission link
- Early Bird Registration Opens – November 1, 2023 – Registration link
- Early Bird Registration Deadline - February 16, 2024
- Standard Registration Closes - April 15, 2024
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Federal Reserve Bank of San Francisco
Strategies to Address
Climate Change Risk in Low- and Moderate-income Communities -
Volume 14, Issue 1
https://www.frbsf.org/community-development/publications/community-development-investment-review/2019/october/strategies-to-address-climate-change-low-moderate-income-communities/
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The 10 Best Sustainability Podcasts for Environmental
Business Leaders
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The best climate change podcasts on The Climate
Advisor
http://theclimateadvisor.com/the-best-climate-change-podcasts/
7 podcasts to learn more about climate change
and how to fight it
https://kinder.world/articles/you/7-podcasts-to-learn-more-about-climate-change-and-how-to-fight-it-19813
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