Insurance Against Climate Related Risks

From Open Risk Manual

Definition

Insurance Against Climate Related Risks. In the context of the Financial Competence Framework, Insurance Against Climate Related Risks is a topic in the Risk And Reward subject matter domain.[1]

Competences

Mastering the role of Insurance Against Climate Related Risks in financial literacy context requires the following competences:

Code Competency Description Competency Type
392 Aware of the ways to insure against climate-related risks Knowledge
393 Able to assess the climate–related personal risks, and is able to insure against them, if appropriate Skill

References

  1. European Union/OECD (2022), Financial competence framework for adults in the European Union