Saturday, May 24, 2008

Risk modeling firm becomes partner in climate change initiative

Insurance Journal: Newark, Calif.-based Risk Management Solutions (RMS) has become a partner in the Resilient Coasts Initiative, a collaboration led by Ceres and the Heinz Center. RMS will contribute technical expertise on climate-driven catastrophe risk and adaptation modeling.

The Resilient Coasts Initiative is a collaboration between private and public sector groups to address the need for climate adaptation in the coastal regions of the United States. The goal of the initiative is to develop public policy and private market solutions to help protect coastal communities from rising sea levels and other potentially damaging consequences of climate change.

"It is vital that coastal communities continue to be protected in the face of rising hazard. The Resilient Coasts Initiative will focus key players in government, insurance, finance, and the building industry on creating a blueprint for action supported at the highest level within
these sectors," commented Dr. Celine Herweijer, director of the RMS Climate Change Practice....

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