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RT @FrankElderson: We need to increase the uptake and efficiency of climate catastrophe insurance and create incentives to adapt to and reduce climate risks.
Natural disasters are becoming more frequent and more severe, with a big impact on our economy and financial system ⬇️
@ecb but that would imply filling a gap that’s left by the market with public means, instead of changing the rules of the market game such that harm is avoided. Why?