Financial and Monetary Systems
How innovative financial solutions can build climate resilience
Climate change is causing insurance losses of over $100 billion a year. Innovative financing solutions can play a key role to build climate resilience
Daniel Murphy
Daniel Murphy is a Risk and Resilience Specialist at the World Economic Forum, focusing on mobilizing institutional capital for resilience building and climate risk mitigation. Daniel is from Boston, Massachusetts and holds a Bachelors degree from Bates College and a Master of International Affairs degree from Columbia University SIPA. Prior to working at the Forum, Daniel was a Fulbright Fellow in Colombia researching Venezuelan migration in the Southwestern region of the country. Daniel previously worked with the Rockefeller Foundation’s 100 Resilient Cities programme in Cali, Colombia focusing on funding sustainable infrastructure and bolstering climate resilience. Outside of work, Daniel enjoys playing piano and tennis and is a passionate amateur urban bee-keeper.
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Climate and Nature
How we must adapt our workplaces to cope with extreme heat
As the Earth warms, new strategies and investments are needed to build societal and economic resilience to extreme heat. Here is how it's being dealt with.
Climate Change
森林火灾和极端高温给保险业带来了什么变化？
随着气候变化引发越来越多的自然灾害，保险业当前正提高费率、减少承保范围，甚至完全退出某些市场；加利福尼亚州最大的两家保险公司表示将不再提供房屋保险，这反映了保险公司从风险高发地区撤出的大趋势；政策制定者和保险公司必须共同努力，保护脆弱社区和经济体免受连带气候风险的影响。
Climate Change
How wildfire risk and extreme heat is changing the insurance industry
Insurance firms are raising rates, reducing coverage and exiting some markets entirely as climate change fuels more natural disasters such as wildfires.
Climate and Nature
Preparing economies and societies for extreme heat
As temperatures rise worldwide, achieving extreme heat resilience requires a multistakeholder approach and buy-in from the financial services sector.
Financial and Monetary Systems
What are sustainability linked bonds and how can they support the net-zero transition?
Sustainability linked bonds offer lower interest rates to issuers that implement sustainability or ESG principles. Here's how they can support net-zero.
Cities and Urbanization
Extreme heat is weakening cities, financial services can help build resilience
The past seven years have been the warmest on record and have impacted infrastructure. Mitigating extreme heat effects requires significant investment.