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Insurers' pledge to help developing countries on climate change
2016-06-28 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Times: When powerful earthquakes rocked New Zealand and Haiti in 2010, each measuring 7.0 magnitude, very different dramas unfolded: New Zealand, though hit hard, was able to start recovering relatively quickly; Haiti, meanwhile, was brought to its knees. One major reason for the difference was the role insurance played in the two island nations recoveries. Whereas most of New Zealands earthquake-related damages were covered by insurance, very few of Haitis were. The lack of insurance for emerging...
Tags: change
countries
developing
climate
Category:Electronics and Electrical