"The increases in global temperature have been caused by one hundred years of steadily rising greenhouse gas emissions, due to industrialisation.
"The cost of natural disaster related insurance coverage is rising at 10% per year. "Meanwhile the world's GDP is growing at 3% annually. The insurance industry sees a dangerous point approaching by the year 2065, unless action is taken now to tackle the problems."
"The cost of natural disaster related insurance coverage is rising at 10% per year. "Meanwhile the world's GDP is growing at 3% annually. The insurance industry sees a dangerous point approaching by the year 2065, unless action is taken now to tackle the problems."
Mr. Dlugolecki added that when he first heard of Contraction and Convergence he was sceptical, but after studying it, he realised that "it's simplicity will make it work. France, Sweden and Belgium are advocating Contraction and Convergence."
Christiane Martens
Christiane Martens