Who will bear the financial risk of climate-related disasters?

By Rosemary Lyster, Terry Carney
Updated February 22 2020 - 8:34am, first published February 13 2020 - 12:00am

Since well before the Black Saturday fires in 2009 and the disastrous Queensland floods in 2010-11, it has been clear that we need to nail down who bears the financial risk of climate-related disasters. Should it be government, the public, or the insurance industry?

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