"‘Global Shield’: A Climate Fix Or A Distraction?"

"SHARM EL-SHEIKH, Egypt — The Global Shield might be one answer to helping peril-prone nations defend themselves against the rising dangers of climate change.

The insurance program is meant to shore up the climate resilience of poorer nations through tailor-made policies against the risks of rising seas, storm damage and crop failure. It was introduced at the international climate conference Monday.

“The Global Shield is long overdue,” said Ken Ofori-Atta, Ghana’s finance minister and the chair of the group of vulnerable country finance leaders known as the V-20."

Sara Schonhardt reports for E&E News November 14, 2022.

Source: E&E News, 11/15/2022