Disaster-Resilient Communities And Economies Integral To Sustainable Development
As World Convenes for First United Nations Environment Assembly, UN and World’s Insurers Unite to Tackle Natural Disaster Risk
A ground-breaking alliance between the United Nations and insurance companies from across the globe today launched a drive to tackle natural disaster risk by identifying the most effective measures to combat disasters and helping communities implement them.
The United Nations Environment Programme (UNEP) FI Principles for Sustainable Insurance (PSI) Initiative brings together insurers from around the world to help communities manage risk. The PSI Initiative’s Global Resilience Project represents a phased approach to protecting communities from natural disasters.
“As we transform the global economy into one that is low-carbon, resource-efficient and socially inclusive – a key topic under discussion this week at the first United Nations Environment Assembly in Nairobi as we look for ways to bring in more capital investment to finance this transition – we must also adapt and invest in making our communities and economies climate and disaster-resilient,” said Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) and Under-Secretary-General of the UN. “The Principles for Sustainable Insurance Initiative harnesses the wealth of risk management expertise in the insurance industry and is putting it to work to find solutions for global sustainability challenges.”
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