Climate change & climate protection

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Trend-setting initiatives

Munich Re participates in initiatives with the aim of cushioning the risks from climate change as effectively as possible. For example, the Munich Climate Insurance Initiative (MCII) aims to protect those newly industrialised and developing countries that will be particularly affected by the impact of climate change.

As part of Munich Re’s strategic approach towards climate change, we are engaged in different climate and renewable energy related initiatives.

Munich Re’s engagement is underlined by our commitment to MCII listed below.

Munich Climate Insurance Initiative (MCII)

Initiated by Munich Re in April 2005 in response to the growing realisation that insurance solutions can play a role in adapting to climate change. MCII is a non-profit initiative consisting of insurers, scientists and representatives from non-governmental organisations (NGOs). The aim is to develop commercially viable insurance solutions to protect people in developing and emerging countries against the mounting losses caused by weather-related extreme events. The initiative is hosted at the United Nations University Institute for Environment and Human Security (UNU-EHS). Thomas Loster, chairman of the Munich Re Foundation, has a seat in the executive board.

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