Events

Special session on Climate Change and the insurance sector at the OECD Insurance and Private Pensions Committee

SpecialSessionClimateChange

Agenda               Conference Review

A special session on Climate Change and the insurance sector is taking place on 3 December 2015 at the OECD Insurance and Private Pensions Committee in Paris.

The special session will build on the OECD Insurance and Private Pensions Committee’s long-standing work programmes on disaster risk financing and long-term investment issues. The event is being hosted by the OECD in cooperation with the Geneva Association.


Overview

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.

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

Contact

European Long-Term Investors a.i.s.b.l.
Rue Montoyer 51
B - 1000 Brussels
Belgium
secretariat@eltia.eu