Making climate resilience investable

Pan-European initiative Open Sesame aims to be the first market-ready resilience finance framework that helps preserve the long-term insurability of climate-exposed risks and supports the sustainability of insurance markets

THE FEDERATION of European Risk Management Associations (Ferma) and the World Business Council for Sustainable Development (WBCSD) recently launched a climate resilience financing framework. The Open Sesame project brings together risk, finance and sustainability experts to help unlock financing for preventive and adaptive climate measures.