Article 37YVN Global insurance plan aims to defuse potential climate damage 'bombshell'

Global insurance plan aims to defuse potential climate damage 'bombshell'

by
Damian Carrington in Bonn
from on (#37YVN)

A scheme unveiled at the UN climate summit aims to help protect 400 million poor people from extreme weather by 2020 - but not everyone is convinced

"I was wondering if it was a dream," said Walter Edwin, who sells honey from more than 50 beehives in Dennery on the Caribbean island of St Lucia. He had just received a phone call telling him to go to the bank for an automatic insurance payout following the major hurricane that struck in 2014.

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