Released mere months after COP26 concluded, the latest report from the Intergovernmental Panel on Climate Change (IPCC) makes for a sobering read. The analysis is a timely reminder of the urgency behind the push to net zero, at a time when first the coronavirus pandemic, and now the Ukraine crisis, have upended geopolitical and monetary policy priorities.

Prof. Dirk Schmeller, AXA Chair at Institut National Polytechnique de Toulouse, discusses the importance of old-growth forests in combating climate change due to their carbon storage capacity and halting biodiversity loss.

Vietnam is struck by typhoons at least once a year on average. Its long coastline densely packed with 20 million people is exposed to devastating storm surge and winds reaching speeds of 250 km/h for the most intense storms. While the country has made significant progress in reducing the risk, climate change and rapid coastal urbanization means it will continue increasing.

As marine insurance industry experts gather for the International Union of Marine Insurance virtual conference this month, the drive to reduce greenhouse gas emissions is top of the agenda. The challenge of achieving reductions in emissions in a manner that allows the industry to continue to evolve is reflected in the conference theme: “Pathways to a sustainable, resilient and innovative future.” Mathieu Daubin, Chief Underwriting Officer, Marine for AXA XL in APAC & Europe, discusses this challenge and the role that risk management and transfer has to play.