Developing “replicable, repeatable” investment templates can pool risk and scale climate resilience projects, but closing the adaptation gap still hinges on far greater private sector participation, say sustainable finance executives.
Insurance companies increasingly worry that escalating climate extremes could destabilise financial systems, not their balance sheets – an anxiety felt acutely in Asia Pacific, a MSCI study finds.
Importing more sustainable produce and boosting green finance could help accelerate the greening of agriculture across developing Asia, write three experts.
Without intervention, rice – the country’s primary staple food – could lose up to 60 per cent of its ability to grow by 2050, found a report by the Philippine Climate Change Assessment. Crop insurance was cited by researchers as among the means towards improving food security.
From Hurricane Melissa in the Caribbean to floods in Southeast Asia, insurance is an underused tool for adaptation to climate extremes.
Oleh
Amol Mehra dan
Claire Harbron
The rapid uptake of alternative fuels in shipping is outpacing international liability regimes – leaving gaps in protection against spills and accidents.
Oleh
Joel Ong
Clean energy investments in developing countries are slowed by an outdated banking rulebook from the 2008 financial crisis. At New York Climate Week, leaders should rethink the Basel Framework and its impacts on finance flows.
Oleh
Philippe Varin
Pursuing a sustainable blue economy requires striking a delicate balance between using the ocean’s resources and respecting its natural limits, especially amid the escalating climate crisis.
Oleh
Ulrike Decoene
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
24-year-old Indonesian doctor Gamal Albinsaid's Garbage Clinical Insurance is helping Indonesians get their medical health cover through selling household waste. Watch his story here.
Asia lags the world in natural catastrophe protection. Part of the problem could be counting extreme weather losses only after they happen, industry insiders tell the Eco-Business podcast.