United Nations-backed insurance industry initiative and network of local governments launch global goals to build resilient and sustainable cities
UN Environment’s Principles for
Sustainable Insurance Initiative and ICELI
produce “Insurance Industry
Development Goals for Cities” spanning risk management, insurance and
investment
The Insurance
Industry Development Goals for Cities are:
· Goal 1: Build climate and disaster-resilient communities and economies
· Goal 2: Promote
healthy lifestyles and prevent pollution
· Goal 3: Develop solutions
for unserved people and enterprises
· Goal 4: Protect
natural and cultural
heritage sites
· Goal 5: Promote
sustainable energy and resource efficiency
· Goal 6: Leverage
data, risk analytics and technology
· Goal 7: Promote
risk management, insurance and
financial literacy
· Goal 8: Help develop climate and disaster
risk management strategies and plans
· Goal 9: Help develop
sustainable insurance roadmaps
for
cities
· Goal 10: Promote the
Insurance Industry Development Goals
for
Cities
To view the menu of possible actions across risk management
services, insurance solutions and investments for each goal above, please see
the full document.
Montréal, 22 June 2018—After a year-long global consultation involving insurance industry
leaders, mayors and other local government leaders, and key stakeholders, the Insurance
Industry Development
Goals for Cities were launched today at the ICLEI World
Congress 2018. The goals set the global agenda for the
industry and cities in the context of economic, social and environmental
sustainability—or sustainable development.
The goals cover key urban
challenges and opportunities and possible actions across the insurance industry’s risk management, insurance and investment activities. They cover
natural disasters, health and
pollution, social and financial inclusion, protecting natural and cultural
heritage sites, resilient infrastructure,
sustainable energy and resource efficiency, and nature-based solutions. The goals also include
enabling factors—data, risk analytics and technology; risk management,
insurance and financial literacy; climate and disaster risk management, and city sustainable insurance roadmaps.
“Through its risk management services, insurance solutions and
investments, the insurance industry can strengthen its contribution to the
global agenda of building resilient and sustainable cities. The Insurance
Industry Development Goals for Cities provide a global framework to guide
collaboration between insurers and local governments, and to accelerate
action,” said Dr Joachim Wenning, CEO of
the Munich Re Group, one of the world’s leading reinsurers, a founding
signatory to UN Environment’s Principles for Sustainable Insurance (PSI), and
the main sponsor of key events in the global consultation on the goals.
“The insurance industry’s core
business is to manage risk, so
it’s well-positioned to support urban resilience and sustainability.
We encourage our peers in the insurance industry to
work together with local governments in promoting
the adoption of the
Insurance Industry Development Goals for Cities,” said Eric
Andersen, Co-Presidentof Aon, one of the
world’s leading insurance
and reinsurance brokers, and the first global broker and
risk advisor to sign the PSI.
“Cities play a key role in
the fight against climate change. They are part of the solution to
global sustainability challenges such as global warming, natural disasters and pollution. Montréal is proud to
host the ICLEI World Congress
and the launch of the Insurance Industry Development Goals for
Cities. These goals are a
shared ambition between the insurance industry and local governments, and a shining example of leadership, innovation and collaboration for sustainable
development,” said Valérie Plante, Mayor of Montréal.
The goals are a result of the global partnership between UN Environment’s
Principles for Sustainable Insurance
Initiative (PSI), the largest collaborative initiative
between the UN and the insurance industry, and ICLEI – Local Governments for Sustainability,
the leading global network of more than 1,500 cities, towns and regions. The
PSI and ICLEI joined forces in December 2016 to create the largest partnership
between the insurance industry and cities.
“ICLEI is delighted to have partnered with UN Environment’s
Principles for Sustainable Insurance Initiative in creating the Insurance
Industry Development Goals for Cities. These goals represent a major
opportunity for the insurance industry to work with local governments around
the world to better manage risk, build resilience and promote sustainability.
Other industries should follow the insurance industry’s leadership,” said Gino Van Begin, Secretary General of
ICLEI.
“The
1987 Montréal Protocol to protect the ozone layer is one of the most successful
environmental agreements ever—and an excellent example of collaborative action
involving the public and private sectors. This is why it’s so fitting for
Montréal to host the ICLEI World Congress and the launch of the Insurance
Industry Development Goals for Cities,” said
Butch Bacani, who leads the PSI at UN Environment and who launched the goals at
the Congres s.
“Each goal includes a menu of actions across risk management
services, insurance solutions and investments to show how the insurance
industry can support local governments achieve UN Sustainable
Development Goal 11 to ‘make cities inclusive, safe,
resilient and sustainable’. Actions speak louder than words,” added Bacani.
***
For more
information, please contact:
UN Environment
(Geneva, Switzerland)
Olivia Fabry, PSI Programme Supervisor: +41 22 917 8887 / olivia.fabry@un.org
Sally Wootton,
UNEP FI Communications Lead: +41 22 917 8591 / sally.wootton@un.org
ICLEI World Secretariat (Bonn,
Germany)
Jen Bogle, Head
of Global Communications: +49 228 976 299 16 / jen.bogle@iclei.org
Dana Vigran, Communications Officer: +1 438 368
3999 / dana.vigran@iclei.org
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