British Insurers Launch ClimateWise

"The British insurance industry launched the new ClimateWise initiative last week in a bid to get to grips with global warming. Led by the Association of British Insurers (ABI), the project is designed to help insurers adapt to, and help mitigate, the possible effects of climate change, such as the increased risk of flooding, storms and heat waves.

ABI director general Stephen Haddrill warned that “business as usual” will see the amount of greenhouse gases in the atmosphere treble by the end of the century, leading to climatic disaster. He says insurance companies need to reduce their own greenhouse emissions and encourage customers to reduce theirs." |Read more|