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As with managing any risk, the key is preparedness. The dynamics of climate change litigation will doubtless continue to develop and evolve but its likelihood and impact can be minimised by taking pro-active steps to understand, identify and mitigate areas of exposure and enhance resilience. In this, insurers have a vital role to play, broadening coverage and fostering innovation, working together with businesses. It’s a continual work in progress, in which considerations around responsibility, risk and resilience are fundamental to developing best practice and protecting against the long tail of potential liability. Helping businesses deal with the multi- faceted effects of climate change is an area where Clyde & Co is particularly active with extensive experience advising a range of clients in many sectors on the complex issues it raises. .
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