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Core ACT funder notes value of most recent IPCC report for insurance industry

Plan now for climate-related disasters: U.N. report

(Reuters) – A future on Earth of more extreme weather and rising seas will require better planning for natural disasters to save lives and limit deepening economic losses, the United Nations said on Wednesday in a major report on the effects of climate change.

The U.N. climate panel said all nations will be vulnerable to the expected increase in heat waves, more intense rains and floods and a probable rise in the intensity of droughts.

Aimed largely at policymakers, the report by the Intergovernmental Panel on Climate Change makes clear nations need to act now, because increasingly extreme weather is already a trend.

Lindene Patton, chief climate product officer for Zurich Financial Services, said the report was particularly useful for insurers who rely on its scientific assessments “to assist our customers to live and work successfully in the natural world.”

Read the full article by David Fogarty and Deborah Zabarenko on reuters.com

The full report is available on the IPCC website

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