Issuing catastrophe bonds and setting up public-private partnerships could help plug the insurance gap to better cover damage from climate change, a discussion paper from the European Central Bank. | June 18, 2023
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
ECB, EIOPA urge more use of climate catastrophe insurance miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Issuing "catastrophe bonds" and setting up public-private partnerships could help plug the "insurance gap" to better cover damage from climate change, a