We welcome the EC’s strategy to enhance adaptation to climate change: in particular, the EC’s ambitions to tackle the climate protection gap and to increase efforts to boost prevention and resilience at all levels.
Following the publication of the European Commission’s new EU
strategy on adaptation to climate change, Nicolas Jeanmart, head of
personal and general insurance at Insurance Europe, commented:
“We welcome the EC’s strategy to enhance adaptation to climate
change: in particular, the EC’s ambitions to tackle the climate
protection gap and to increase efforts to boost prevention and
resilience at all levels. European insurers stand ready to contribute to
this work with their long-standing expertise in this area.
“We agree that, given the scale of the challenge that climate change
presents, EU action to increase adaptation efforts must be ambitious.
Indeed, some of the consequences of climate change are already becoming
apparent. This means that, as acknowledged by the EC, mitigation actions
alone are not enough to address the economic, social and environmental
implications of a changing climate.
“Adaptation action needs to occur at all levels, from the local to
the global. In a European context, it is important to recognise that,
while the EU has a key role to play in coordinating adaptation efforts,
each member state is affected by climate change differently and the role
played by insurance and public authorities also varies significantly
from country to country. There should, therefore, be no
one-size-fits-all solution at a European level.
“We also agree with the EC on the importance of data to support
climate adaptation actions. Europe’s insurers look forward to discussing
their experiences in this area and, more generally, to continuing to
engage with the EC on climate adaptation.”
Insurance Europe
© InsuranceEurope
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