Climate 2.0: Exploring Access to Climate Insurance in the Tourism Sector

20th February 2025, 09:00 - 10:30 (IST)

Colombo, Sri Lanka

Climate 2.0: Exploring Access to Climate Insurance in the Tourism Sector

20th February 2025, 09:00 - 10:30 (IST)

Colombo, Sri Lanka

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Introduction

Climate 2.0 is a series of informal conversations under the ClimaComms initiative by SLYCAN Trust. It aims to bring together a diverse group of individuals, from those deeply involved in climate action to those working in different fields. The goal is to ensure holistic discussions on pressing environmental topics, fostering a collaborative approach to tackling climate challenges. By bridging gaps between various sectors and perspectives, Climate 2.0 seeks to create a more inclusive and comprehensive dialogue on our future.

This iteration of Climate 2.0, organised in partnership with the Sustainable Development Council of Sri Lanka, focused on the accessibility and affordability of climate-specific insurance as a risk transfer mechanism to address the impacts of climate-induced disasters. The event convened key stakeholders from the tourism sector and the insurance industry for a thought-provoking dialogue. Discussions centred on the role of innovative insurance solutions in enhancing resilience, bridging protection gaps, and supporting vulnerable communities and businesses in the face of increasing climate risks.

Objectives

  • Highlight the role of climate insurance in strengthening resilience in Sri Lanka’s tourism sector.
  • Facilitate dialogue between tourism stakeholders and the insurance industry on risk transfer solutions.
  • Identify challenges and opportunities in offering accessible and affordable climate-specific insurance.
  • Align discussions with the Sri Lanka Green Finance Taxonomy and national climate goals.
  • Raise awareness and promote the integration of insurance into climate risk management strategies.

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Agenda

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