[wanabidii] Press Releases: U.S. Climate Risk Insurance Announcement

You are subscribed to Press Releases for U.S. Department of State. This information has recently been updated, and is now available. Press Releases: U.S. Climate Risk Insurance Announcement 12/01/2015 07:00 AM EST U.S. Climate Risk Insurance Announcement Media Note Office of the Spokesperson Washington, DC December 1, 2015 Today, at a meeting with leaders of small island nations, President Obama announced a U.S. contribution of $30 million to climate risk insurance initiatives in the Pacific, Central America, and Africa. As part of a broader set of actions to help vulnerable populations strengthen their climate resilience, from providing climate data, tools and services, to incorporating climate resilience considerations into development assistance, the contributions announced today will increase climate risk insurance coverage to help respond to severe climate-related impacts. This announcement is an important step toward the goal G-7 leaders set this summer to increase by up to 400 million the number of people in the most vulnerable developing countries who will have access to insurance against the negative impact of climate change hazards by 2020. U.S. funds will support insurance initiatives under the Pacific Catastrophic Risk Assessment and Financing Initiative, expand the Caribbean Catastrophic Risk Insurance Facility to cover Central American countries, and support the African Risk Capacity program. The Office of Website Management, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Stay connected with the State Department:       External links found in this content or on Department of State websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.  Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by U.S. Department of State. This email was sent to wanabidii@googlegroups.com using GovDelivery, on behalf of: U.S. Department of State · 2201 C Street NW · Washington, DC 20520