Why is the Climate Changing the Rules for our Cities and SMEs?By 2030, 60% of the world's population will be living in cities, which will be at the core of the climate conundrum. Now that climate change has become a reality, how will our cities and SMEs adapt to its impact? How will they manage the new economic, social and environmental risks? ALL ARTICLES | Commitment
The AXA Group and the United Nations Environment Programme Finance Initiative's Principles for Sustainable Insurance (UNEP FI PSI) are publishing today the results of the first international study on how cities and SMEs are working to become more resilient to the consequences of climate change.
This report shows that certain cities have made great strides to become climate-resilient. But much remains to be done. We hope the findings outlined in this report will provide useful insights for public authorities and businesses alike to better plan for the consequences of global warming. And it is our conviction that thanks to its expertise in risk modeling and prevention, crisis management and better repair, the insurance industry of which AXA is one of the driving forces will become a decisive partner in this global effort to develop resilience to climate change.