Calls for government support on Canada’s climate strategy – Insurance Business Mag
Oct 24, 2024
For the second consecutive year, Climate Proof Canada has called on the federal government to provide funding for its National Adaptation Strategy to mitigate the growing risks of climate-related hazards, including wildfires, floods, and extreme heat.
The organization is advocating for $5.3 billion annually over the next five years to address the increasing frequency of severe weather events.
Federal ministers, opposition critics, Indigenous leaders, mayors, municipal representatives, insurance industry executives, disaster response organizations, and other stakeholders gathered for a meeting to discuss strategies to strengthen Canada’s resilience to climate change on October 22.
“After the most destructive season in Canadian history for insured losses due to severe weather, it has never been more urgent to make our communities more resilient to climate change,” said Jason Clark, chair of Climate Proof Canada.
