3
3x The number of registered weather-related loss events has tripled since the 1980s 8
Extreme weather events seen as #1 most likely global risk 6
1,000 Climate change cases filed across 26 Jurisdictions around the world (as at May 2018) 7
USD 10 billion
rising to
USD 55 billion
Increase in annual average inflation-adjusted insurance losses since the 1980s to the past decade 9
6 World Economic Forum The Global Risks Report 2018 http://reports.weforum.org/global-risks-2018/press-release/ 7 Grantham Research Institute on Climate Change and the Environment and Centre for Climate Change Economics and Policy “Global trends in climate change legislation and litigation: 2018 snapshot”, May 2018 http://www.lse.ac.uk/ GranthamInstitute/wp-content/uploads/2018/04/Global-trends-in-climate-change-legislation-and-litigation-2018- snapshot-3.pdf 8 The Climate Change Litigation of the World database, Sabin Center for Climate Change Law http://climatecasechart.com/ (data cited as at 21 November 2018 9 Bank of England https://www.bankofengland.co.uk/-/media/boe/files/prudential-regulation/ report/transition-in-thinking-the-impact-of-climate-change-on-the-uk-banking-sector. pdf?la=en&hash=A0C99529978C94AC8E1C6B4CE1EECD8C05CBF40D
Made with FlippingBook - Online magazine maker