Risk sharing in the climate emergency : financial regulation for a resilient, net zero, just transition

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<title>Risk sharing in the climate emergency</title>
<subTitle>: financial regulation for a resilient, net zero, just transition</subTitle>
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<namePart>González Peláez, Ana</namePart>
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<dateIssued encoding="marc">2021</dateIssued>
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<abstract displayLabel="Summary">Throughout history, individuals have come together to protect what they value and stabilise their futures by sharing risks through collective pools of resources. Modern risk-sharing systems include social protection, informal community networks and the insurance industry. Each has crucial roles that can be applied to the climate crisis. These systems together cover approximately one third of global GDP. However, their distribution is uneven and where they do exist, the response allocated to climate risks is minimal. CISL's new report, Risk Sharing in the Climate Emergency: Financial regulation for a resilient, net zero, just transition, launched in Glasgow on COP26 Finance Day, highlights five key areas of action for policymakers, private and public financial authorities and the finance sector, which if implemented will enable a radical global transformation to protect lives and livelihoods, now and in the decades ahead..  The report calls on key economic, policy, industry and advocacy actors to support a just, resilient net zero transition</abstract>
<note type="statement of responsibility">Ana González Peláez, Geoff Summerhayes, Nigel Brook</note>
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