Perspectives on Sustainable Development
Environmental justice and climate change are driving decarbonization across industrial sectors and throughout everyday life. There are many nuanced issues that planners will face as they try to sustainably reshape our world. This podcast will focus on climate and EJ but also bring on associated experts to speak about how these issues affect their fields. From city planning, economic development, transportation, education, national security, mental health, manufacturing, supply chain...we should all be considering how climate and EJ considerations will affect our decision paradigms.
Join me every two weeks as we discuss critical issues with thought leaders who know them best.
Logo credit and general assistance: Uzziah Davis
Perspectives on Sustainable Development
Season 2 - Episode 3 - Climate Impacts and Rising Insurance Costs
Climate change impacts are mounting across the world, and it has been difficult to watch. From cloud bursts, to drought, to stronger hurricanes, and longer heat waves, the economic and public health impacts are mounting and costing us all a lot more. The 2025 California wildfires alone are estimated to have cost $250B.
How do insurance companies factor in climate change? How do they incur rising associated costs? How do these rising impacts affect major project siting and development?
For this episode Chris was joined by Justin Roth (Associate Director - Catastrophe Analytics, Howden Re) and Michael Perron (Renewable Energy Market Lead, FM Renewable Energy). Justin and Mike offer a ton of great info in this episode but one of the key takeaways is that climate change is costing us more, no matter where you live, but proactively insuring for projected increased risk in your areas can be a really smart play. Rising insurance costs is also a major climate justice issue that does not get enough attention.
