How Insurers and Financial Institutions Can Unite for Climate Adaptation
As climate risks intensify, insurers and financial institutions face growing exposure to physical and financial losses. Yet, while both sectors share an interest in managing climate risk, they often operate in parallel.

This article explores how closer collaboration can unlock new markets, accelerate adaptation investments, and build more resilient economies. From co-financing resilient infrastructure and sharing climate risk modelling, to embedding insurance into blended finance and innovating risk transfer mechanisms like parametric or nature-based insurance, joint approaches are emerging worldwide.

We also address the barriers (regulatory silos, differing timeframes, and limited bankable projects) and how initiatives like CLIMATEFIT can help overcome them by connecting stakeholders and surfacing scalable investment opportunities.