Insurers have the expertise to develop a broad range of affordable private insurance solutions for climate risks.

The approach seeks to promote sustainable development by reducing the vulnerability associated with climate risk.

They will continue to provide advice and ease the sharing of best practice in managing climate risk to enable businesses to adapt.

Beside these direct physical climate risks there are also indirect derived ones:

If companies do not take measures to reduce climate risks they are competitively disadvantaged.

Production shortfalls can result from direct or indirect climate risks.

To demonstrate site specific technology packages on farmers' fields for adapting to current climate risks.

These reports show all businesses how industry leaders are assessing and preparing for climate risks.

The government will continue to provide advice and assist the sharing of best practice in managing climate risk.

We must take action now to reduce climate risks, strengthen our resilience, and support developing countries in pursuing clean energy growth.