This article examines, from a public international law perspective, the role and limits of insurance instruments in addressing “loss and damage” from climate change. It first discusses the intrinsic limits of market-based insurance mechanisms in least developed and highly vulnerable countries, and then analyses several risk pooling schemes established among these States to share climate-related risks. The article further explores the involvement of developed countries in the financial management of loss and damage through insurance mechanisms, with particular attention to their role in the international climate negotiations and to the relationship between these instruments and the notion of international responsibility.
Il ruolo e i limiti degli strumenti assicurativi nella gestione delle perdite e dei danni (loss and damage) da cambiamento climatico: una prospettiva di diritto internazionale pubblico
Riccardo Luporini
2025-01-01
Abstract
This article examines, from a public international law perspective, the role and limits of insurance instruments in addressing “loss and damage” from climate change. It first discusses the intrinsic limits of market-based insurance mechanisms in least developed and highly vulnerable countries, and then analyses several risk pooling schemes established among these States to share climate-related risks. The article further explores the involvement of developed countries in the financial management of loss and damage through insurance mechanisms, with particular attention to their role in the international climate negotiations and to the relationship between these instruments and the notion of international responsibility.| File | Dimensione | Formato | |
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