G20 should help poor countries to better cope with the impacts of climate change. Climate insurance can be a tangible outcome of the G20 summit in July.
Weather extremes are about to become the new norm: For the third time in a row, 2016 was the warmest year since the beginning of the weather records. In Asia, unprecedented heat in spring burst temperature records in India, Thailand, Laos and Cambodia. A drought in Africa, caused by one of the strongest ever experienced El Nino events, triggered a food crisis with more than 36 million people affected. In Haiti, the devastating impacts of hurricane Matthew left 1.4 million people dependent on humanitarian aid. Repeatedly, developing countries are the most affected. The long-term analysis of Germanwatch’s Climate Risk Index, covering the past 20 years, finds that the ten most impacted countries are exclusively developing countries.