Exploring Possible Use of Insurance Scheme to Address Climate Related Risks
Project/Area Number |
26590012
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Research Category |
Grant-in-Aid for Challenging Exploratory Research
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Allocation Type | Multi-year Fund |
Research Field |
New fields of law
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Research Institution | Nagoya University |
Principal Investigator |
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Project Period (FY) |
2014-04-01 – 2018-03-31
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Project Status |
Completed (Fiscal Year 2017)
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Budget Amount *help |
¥3,120,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥720,000)
Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
|
Keywords | 保険 / 気候変動 / リスク / 適応策 / 環境損害 / パリ協定 / 気候変動リスク / 損失と損害 |
Outline of Final Research Achievements |
Some innovative approach to addressing climate related risks such as weather index insurance (by which insured could receive payout if some weather index are met), and micro insurance operated through relively small amount of premium, have recently been developmed and implemented. Insurance is expected to serve as a tool of risk trasfer and to enhance more prompt recovery of suffered loss and damage. On the other hand, insurance faces some challenges for making it a more effective tool to address climate risks: how to ensure accessibility to such insurance by the population with modest income, in most case the most vulnerable to climate chanage, how to ensure equitable allocation of costs relating to insurence among countries, insurers and insured and how to overcome lack of data necessary to design an appropriate insurance product. It is also essential to design and implement a comprehensive strategy and scheme to reduce and avoid climate risks.
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Report
(5 results)
Research Products
(54 results)
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[Journal Article] Climate Change and the Law in Japan2015
Author(s)
Yukari TAKAMURA
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Journal Title
Hans-Joachim Koch, Dris König, Joachim Sanden and Roda Verheyen eds., Legal Regimes for Environmental Protection: Governance for Climate Change and Ocean Resources(Brill/ Nijhoff)
Volume: -
Pages: 37-48
Related Report
Int'l Joint Research
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