The 21st Conference of the Parties (COP21) to the United Nations Framework Convention on Climate Change takes place in Paris from 30 November to 11 December 2015. COP21 will aim to achieve a new international agreement on climate change, applicable to all countries, with the aim of keeping global warming below 2°C. The (re)insurance sector can make an important contribution to supporting climate change mitigation and adaptation.

This special session co-hosted by the OECD and The Geneva Association  explored the potential contribution of the (re)insurance sector to climate change mitigation and adaptation, in particular:

• The role of the insurance sector in a climate change agreement

• Managing the financial risks of extreme events in a changing climate

• Investing in the transition to a low-carbon economy

• Role for regulators in addressing climate change risks

This event builds on the OECD's long-standing work programmes on disaster risk financing and long-term investment issues and The Geneva Association’s Programme on Extreme Event and Climate Risks.

Download the draft agenda

Download the conference review

RELATED READING

OECD

Financial instruments for managing risks related to climate change

Disaster Risk Financing: A global survey of practices and challenges

Disaster Risk Financing in APEC Economies: Practices and Challenges

G20/OECD Methodological Framework on Disaster Risk Assessment and Risk Financing

The Geneva Association

19/11/2015 - Geneva Association CEOs reaffirm commitment on climate risks

The Role of Insurance in Reducing Losses from Extreme Events: The Need for Public–Private Partnerships

Insuring Flood Risk in Asia’s High Growth Markets 

Global governors must harness insurance expertise and knowledge for the greater good

The Global Insurance Protection Gap

Insurers’ Contributions to Disaster Risk Reduction – A Series of Case Studies

Henri de Castries, AXA, on addressing climate change in the insurance sector

Cynthia McHale, CERES, talks about the role of regulators in tackling climate risks

Gabriela Ramos, OECD, on COP21, climate change and the insurance sector

Steve Waygood, Aviva, on the challenges and opportunities of investing in low-carbon assets

CONTACTS

Mr. Leigh Wolfrom: leigh.wolfrom@oecd.org

Dr. Maryam Golnaraghi: maryam_golnaraghi@genevaassociation.org

CO-HOST