Climate risk and insurance: A growing concern with Nicki Hutley
In this episode of The Greener Way, host Michelle Baltazar speaks with Nicki Hutley, a climate councillor and chief economist, about a comprehensive climate risk report by the Climate Council.
The discussion centres on the alarming rise in insurance premiums due to climate risks, emphasising the need for prompt and effective climate action.
They discuss the current and future scenarios of climate risks affecting property insurance, the role of sustainability in corporate decision-making, and the importance of financial and community engagement in addressing these challenges.
Link to report: https://www.climatecouncil.org.au/resources/escalating-climate-risks-for-aussies-homes/
00:41 Climate risk and the cost-of-living crisis
01:03 Impact of climate policy reversals
02:18 Climate Council's latest research
02:38 Insurance affordability and property risk
05:46 Economic implications
07:08 Corporate responsibility and climate action
11:48 Key findings
13:11 Conclusion and final thoughts
This podcast uses the following third-party services for analysis:
OP3 - https://op3.dev/privacy