Panel Discussion: Risk Science for Climate Resilience

At a February 2024 panel, experts from the public and private sectors and Duke University discussed the essential roles that the insurance and finance sectors can play in addressing future climate risks. These sectors are unique in their ability to assess and price risk, allocate capital, offer financial protection, and influence risk-related behavior.

The panel was part of “Risk Science for Climate Resilience: A Duke Climate Collaboration Symposium.” Speakers included:

* Francis Bouchard, Climate Leader in Residence at Duke University and Managing Director, Climate, @MarshMcLennanChannel
* Allison DeJong, Planner, @theh2oinstitute
* Roger Grenier, Senior Vice President, Global Resilience Practice, @Verisk_VRSK
* Mahmoud Raya, Associate Director in the Financial Institutions, Energy, and Climate and Sustainability Practices, @TheBostonConsultingGroup
* Moderator: Lydia Olander, Program Director, Nicholas Institute for Energy, Environment & Sustainability, Duke University

Topics covered during the panel included:

* The insurance sector’s role in addressing climate risks
* Insurance innovations to advance climate justice and community resilience
* Use of finance and financial technologies to accelerate climate hazard mitigation and adaptation
* Risk model and data dissemination to support public sector resilience