Climate change and energy security - global challenges and implications
Future risk 3
This year, the Chartered Insurance Institute celebrates its
hundredth anniversary as a chartered professional body. To
mark this achievement, we are publishing a series of reports
exploring some of the risks and opportunities that might face us in
the decades to come.
Centenary future risk series 3
In early February, we published the first in the series - Future risk: learning
from history. It set the scene by reflecting on some of the
most dynamic trends of the past.
In April, we published the second report, investigating future socioeconomic
challenges.
Our third and latest report explores possible environmental
futures and their implications for the insurance sector and society
more broadly. The report presents a number of specially
commissioned essays on future environmental risks from world
leading experts. Authors include:
- Dr Fatih Birol - Chief Economist, International Energy
Agency;
- Professor Sir John Beddington - Government's Chief Scientific
Adviser;
- Dr Swenja Surminski - Senior Research Fellow, Grantham Research
Institute;
- Professor Lord Julian Hunt and Dr Yulia Timoshkina - University
College London (UCL);
- Professor David Crichton - Hon. Visiting Professor (UCL) and
Chartered Insurance Practitioner
The essays represent compellingly argued visions of the future
and can provide the basis for the construction of some simple
scenarios.
The report argues that the insurance sector can play a key role
in determining which future the world faces. Historically, the
sector has helped to raise awareness of climate change-related
hazards through the pricing of risk. To maximise its effectiveness
in the years ahead, the sector must continue to do the things it
has done well in the past, and it must embed itself deeper into the
multitude of channels through which it can influence approaches to
climate change adaptation. Engagement with policymakers, town
planners and other professionals like architects and civil
engineers will be critical to success.
View the
full report »
See all the Future risk reports »