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The scientist's view: Insurers making up for lost time on climate change
01 September 2008
Although insurers have been slow in responding to climate change, they have come a long way in the past few years. Reactions talks to a leading scientist to find out what more needs to be done.
Evan Mills is a member of the international body of scientists known as the Intergovernmental Panel on Climate Change (IPCC), which collectively shared in the Nobel Peace Prize for 2007 with former US vice-president Al Gore. Mills is a staff scientist at the US Department of Energy's Lawrence Berkeley National Laboratory, one of the world's leading research centres on energy and environment.
His research covers both the impacts of climate change and the means of mitigating those impacts through reduced emissions and loss prevention. Specifically, Mills studies the linkages between changes in natural systems and economic systems, particularly with respect to the insurance and financial services industries.
Last year he authored From Risk To Opportunity: 2007 –Insurer Responses To Climate Change, a Ceres report released last November. Ceres is the largest coalition of investors and environmentalists in North America.
That report charted the progress insurers had made on addressing the...
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