Report – Breaking the spiral of uninsurable climate losses | Finance Watch

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To break the spiral of uninsurable climate losses, we must tackle its root cause – underinvestment in resilience and transition.
Read the report 👇
📘 www.finance-watch.org/policy-porta...
#InsuranceRegulation #uninsurability #investmentcrisis #ClimateRisk #breakthedoomloop #safetransition

Tragedy of the horizons a decade on: climate change threatens financial stability Julia Symon is head of research and advocacy and Max Kretschmer is a press officer at Finance Watch How regulators can move beyond disclosure and adopt binding measures to force systemic reform of…

10 years after Carney’s “#TragedyOfTheHorizon” speech, the warning stands: climate risks remain unpriced, finance keeps fuelling the crisis. Disclosure isn’t enough – systemic reform is urgent: it's time for action. 🌍⏳

🔗 www.sustainableviews.com/tragedy-of-t...

#SafeTransition #BreakTheDoomLoop

📖 Help Finance Watch by sharing this report to relevant policymaking, civil society and finance expert groups 👇 www.finance-watch.org/policy-porta...
#ClimateRisk #SafeTransition #BreakTheDoomLoop #FossilSubprimes #ClimateSystemicBuffer #CRR

50% GDP Collapse Ahead? Actuaries Sound The Alarm—Who’s Listening? A 50% GDP collapse? Actuaries warn of economic devastation if we fail to act on climate risk. Entire industries could crumble—Why are we ignoring the warning?

9/ The window for action is closing fast. We can’t afford to plan our future on unrealistic quantifications.

📎 Read Finance Watch's full recommendations: 👉 finance-watch.org/policy-porta...

🔗 Forbes piece: forbes.com/sites/we-don...
#ClimateRisk #ClimateScenarios #TippingPoints #SafeTransition

🌍 Insurance rules start adapting to #climaterisk but a #safetransition also requires:

✅ To bridge the gaps in #climatescenarios
✅ To strengthen #transitionplan requirements
✅ To adjust pricing of risks

Read our blog🔗 finance-watch.org/blog/climate... #IAIS #ICPs

🔥 #Climaterisk: the financial system is blind to the climate crisis.

And people will pay for this multiple times unless policymakers prepare the financial system for an orderly transition.

Read our blog 👉 www.finance-watch.org/blog/unprepa... #SafeTransition #ClimateLTV #Breakthedoomloop

Swift action needed to address fossil fuel risks to financial stability – Open letter | Finance Watch

EU Commission can't ignore EIOPA's warnings on fossil fuel risk!

Finance Watch, CSOs & experts call for timely amendments to #Solvency2 to protect policyholders & taxpayers against growing #climaterisk.

Our letter 👇 #SafeTransition #FossilSubprimes
finance-watch.org/policy-porta...