As the climate crisis grows, so too does the price we pay for being unprepared.
Weather- and climate-related extremes caused losses of 738 billion Euros in the EU over the last 40 years, with 22% of that occurring in 2021-2023.
Worse still, only 20% of that was insured, leaving many exposed to catastrophic risks and putting enormous pressure on public finances.
To help close this gap, the SOTERIA project is investigating why so many people remain uninsured despite growing awareness of climate risks—and supporting development of novel insurance products for a changing world.
To find out more, we talked to Milena Nikolova, Chief Behavior Officer of BehaviorSMART, a key partner in the SOTERIA consortium.
Want to know how we close the climate insurance gap?
Watch the interview
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