UN Secretary General Guterres warns of insurance industry “race against time”

Insurance industry - climate change - time

A plea for action was made during the virtual Insurance Development forum closing remarks. In UN Secretary-General António Guterres’ closing remarks at the Insurance Development Forum held virtually earlier this week, he asserted that the insurance industry is in a “race against time” to make the adaptations necessary for adapting to the speed of climate change. As the climate continues to change rapidly, the risks are altering their shape, size, and frequency. According to Guterres, carbon neutrality worldwide must be achieved within the next thirty years, global finance needs to…

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