Biodiversity and Re/insurance conference - Welcome!
Protecting a natural world in rapid decline is a growing public concern. With climate hazards becoming more threatening with each passing year, citizens, governments and private actors alike have started factoring global warming into their day-to-day decisions. But climate change is only one part of an equation that is becoming increasingly complex, as human activities affect nature in many more ways than just via greenhouse gases emissions. As the COVID-19 pandemic illustrates all too well, destabilized ecosystems and a damaged natural world could completely disrupt human livelihoods and organizations.
So, what is the current state of research regarding biodiversity? The 2019 Global Assessment Report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) was a wake-up call. The science is clear:
“Much of nature has already been lost, and what remains is continuing to decline.” (IPBES, 2019)
Humans have triggered Earth’s sixth mass extinction and will progressively suffer from the material consequences it generates. Biodiversity in all its forms – ecosystems, species, individuals – is in decline, and with it, nature’s capacity to provide contributions to humans. This degraded environment is increasing the risks human societies face.
This is precisely why the SCOR Corporate Foundation for Science, which is committed to risk research and the dissemination of risk-related knowledge, and the Muséum national d’Histoire naturelle, which produces and shares scientific research on biodiversity, teamed up to create the Biodiversity and Re/insurance Chair. Part of the momentum in the run-up to the UN Convention on Biological Diversity (CBD) COP15 in Kunming, China, the chair’s mission is to explore the potential implications of biodiversity loss on the re/insurance industry.
The partnership led to a report titled “Biodiversity and Re/insurance: An Ecosystem at Risk”. The report reviews the scientific evidence for links between present and future human activities and biodiversity, investigates the extent to which re/insurance activities impact biodiversity, examines the risks that biodiversity loss will create for future human activities, and explores the opportunities that acting in favor of biodiversity could generate.
The Muséum national d’Histoire naturelle and the SCOR Corporate Foundation for Science are pleased to invite you to a virtual symposium that will present and discuss the concrete outcomes of this partnership, as set out in the “Biodiversity and Re/insurance: An Ecosystem at Risk” report.
On May 5, 2021, from 9 am to 3 pm (CEST), join the discussion on the implications of biodiversity loss for the re/insurance industry.