Recent reports show improvements in air quality due to COVID-19 crisis and slowed activities. However, logically, climate change cannot be put under that same umbrella – data point to a sharp increase in CO2 concentrations.
The emergence of the coronavirus pandemic and the resulting turmoil, have resulted in a change in awareness of the need to preserve the environment and the main challenge of our time – the transition to clean energy.
Resilience bonds present a novel insurance product. It was inspired by catastrophe bonds. The bonds are an instrument designed to raise capital for insurance companies in the event of a natural disaster.