Climate Solutions cover image

Climate Solutions

Get used to it

Oct 27, 2022
This podcast discusses the importance of adaptation projects in addressing forced displacement caused by climate change. It also explores innovative technologies that help in providing faster and more accurate weather data, enabling informed decisions.
05:01

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Quick takeaways

  • Climate insurance is being developed as a solution to help small farmers cover poor crops caused by climate change.
  • Innovative technologies in climate adaptation include advanced weather forecasting and alternative water purification methods.

Deep dives

Climate insurance as a solution to forced displacement

Forced displacement due to climate change often forces people to leave their homes. One solution being developed is climate insurance, where microfinance institutions sell insurance to small farmers to cover poor crops caused by climate change. The European Investment Bank is exploring ways to incentivize and subsidize this type of insurance.

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