There is growing interest in the potential role that insurance-related instruments can play in the implementation of climate-change adaptation, particularly for the areas most affected and least able to absorb the negative effects of extreme weather events. Sufficient climate adaptation efforts...

By providing financial security against droughts, floods, tropical cyclones and other forms of weather extremes, insurance instruments present an opportunity for developing countries in their concurrent efforts to reduce poverty and adapt to climate change. By pricing risk, insurance provides...