Climate change is leading to worsening wildfires and floods in Australia. The Climate Council says of the half a million properties predicted to be uninsurable by 2030, 80% of that risk is due to river flooding. The Australian Climate Council has released a study which estimates that 1 in 25 of all homes and commercial buildings in the country will become effectively uninsurable by 2030.
https://www.weforum.org/agenda/2022/06/climate-change-australia-insurance-crisis/
https://www.weforum.org/agenda/2022/06/climate-change-australia-insurance-crisis/
Climate change is leading to worsening wildfires and floods in Australia. The Climate Council says of the half a million properties predicted to be uninsurable by 2030, 80% of that risk is due to river flooding. The Australian Climate Council has released a study which estimates that 1 in 25 of all homes and commercial buildings in the country will become effectively uninsurable by 2030.
https://www.weforum.org/agenda/2022/06/climate-change-australia-insurance-crisis/
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