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“Rising damage”: Insurance industry calls for investments in climate change adaptation

2021-07-18T14:18:07.885Z


As a consequence of the flood disaster, the insurance industry is calling on politicians to rethink.


As a consequence of the flood disaster, the insurance industry is calling on politicians to rethink.

As a consequence of the flood disaster, the insurance industry is calling on politicians to rethink.

"Adaptation to the effects of climate change is neglected in many places", criticized Jörg Asmussen, General Manager of the German Insurance Association (GDV) in "Welt am Sonntag".

Construction is still going on in floodplains, if areas are sealed unhindered, investments in preventive measures accumulate at the municipal level.

"It is important to change direction here, otherwise a spiral of further catastrophes and increasing damage will set in motion, which will only become expensive and at some point unaffordable," said Asmussen.

It is becoming apparent that the current year will be one of the most damaging in the recent past.


ilo / smb

Source: merkur

All news articles on 2021-07-18

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