Public-private partnerships can mitigate climate impact

Source: Middle East Insurance Review | Mar 2024

Policymakers agreed to establish a fund that would help compensate vulnerable countries coping with loss and damage caused by climate change during COP28 in November and December 2023. According to MNK Re DIFC’s Mr Mario Nahas, reinsurers can also make an impact through schemes that combine private sector finance with government funding. Middle East Insurance Review spoke with him.

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