Insuring against climate change the emergence of regional catastrophe risk pools / Nikolas Scherer.

Author/creator Scherer, Nikolas
Format Electronic
Publication InfoLondon ; New York, NY : Routledge, Taylor & Francis Group, 2020.
Description1 online resource
Supplemental ContentFull text available from Taylor & Francis eBooks
Subjects

SeriesRoutledge advances in climate change research
Abstract "This book provides one of the first systematic in-depth studies on regional catastrophe risk pools. It explores the various goals of these new financial instruments, illustrating how they function on a conceptual, technical and practical level, and reconstructs their political genesis. With climate-related disasters increasing in frequency and severity, Insuring Against Climate Change explores how affected countries, especially those in the Global South, have increasingly turned to innovative index insurance instruments, as demonstrated by the creation of the Caribbean Catastrophic Risk Insurance Facility (CCRIF), the African Risk Capacity (ARC) and the Pacific Catastrophe Risk Assessment and Financing Initiative Facility (PCRAFI Facility). Scherer scrutinizes the formation of this trend, exploring comparatively the goals, characteristics and histories of these tools, and argues that their attractiveness rests more on political than economic benefits and is, in fact, more supply than demand-driven. Making a significant contribution to current debates on the opportunities and limitations of what are sometimes described as indirect 'climate risk insurance', this book will be of great interest to political scientists with an interest in insurance instruments and climate-related disaster management politics as well as to practitioners working in the insurance, finance and the development sector"-- Provided by publisher.
General noteUpdated revision of the author's PhD thesis.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Source of descriptionDescription based on print version record and CIP data provided by publisher.
Issued in other formPrint version: Scherer, Nikolas. Insuring against climate change London ; New York, NY : Routledge, Taylor & Francis Group, 2020 9780367342470
Genre/formElectronic books.
LCCN 2019048422
ISBN9780429324642 (ebook)
ISBN(hardback)

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