Should rich countries help pay for climate change impacts in poorer ones?
The Climate Question
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Is There Any Insurance for Climate Change?
Many households and businesses in the developing world don't even have a bank account, let alone being able to afford insurance. So are you saying that insurance as it stands to day isn't up for the task of insuring against every single variable or impact of climate change? Yes. But there are also, of course, issues relating to non economic loss and dam like huge bardeversity loss. It could also be things like loss of territory and related loss of cultural heritage and those sorts of things that are irreplaceable.
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