Resilience bonds could serve as an insurance solution to address climate change risks

Researchers with Lehigh University's Center for Catastrophe Modeling and Resilience, led by anthropologist David G. Casagrande, have identified two urgent challenges the United States faces in adapting to climate change: a potential disaster insurance crisis and the lack of comprehensive relocation policies for communities facing chronic flooding. Their paper, titled "Climate Change and Insurance: Embracing Resilience for Private Market Survival," is published in Sustainable Development.