Zurich creates alliance to accelerate climate resilience
Severe storms cost insurers a record US$60 billion last year.
Insurance firm Zurich has turned what was previously its Flood Resilience Alliance into a new Climate Resilience Alliance gathering NGOs, research partners and the private sector to accelerate climate adaptation.
The alliance is comprised of Zurich Insurance Company, Concern Worldwide, the International Federation of the Red Cross and Red Crescent Societies (IFRC), Mercy Corps, Plan International, Practical Action, the International Institute for Applied Systems and Analysis (IIASA), the London School of Economics (LSE)and the Institute for Social and Environmental Transition International (ISET) – the same members as the Flood Resilience Alliance.