UN forum proposes insurance taskforce for climate talks

The Forum for Insurance Transition has presented its recommendations for the role re/insurers play in the transition to net zero

In a communiqué to COP30, the Forum for Insurance Transition (FIT) has described how the insurance industry can preserve its long-term future and continue to service the market in the face of the climate and nature crises. The document also suggests how the sector can strengthen its contribution to a just transition to inclusive, resilient and sustainable communities and economies.