Meteorological organisations worldwide confirm: 2023 was the warmest year since weather records began. In many places, we were already beyond the limit of 1.5 degrees of warming compared to pre-industrial times called for (and agreed!) in the Paris Climate Agreement. The new year 2024 continued at the same pace: February was by far the warmest February since weather records began. In view of these figures, we can no longer avoid taking more adaptation measures. This does not mean that we should let up on climate protection. At the beginning of this year, we discussed the status of global mitigation and adaptation efforts with experts in our Dialogue Forums. 

Together with partners, we have been promoting adaptation measures for years. Here, too, we have been able to expand our commitment with a new disaster risk reduction project in Honduras. Insurance, especially for vulnerable, low-income groups, is an important tool for sustainable development and resilience. In this field, we are offering various Learning Sessions on Inclusive Insurance with partners in the first half of the year. In the background, preparations are already underway for our International Conference on Inclusive Insurance - this year in Nepal. 

With the triad of climate risk and adaptation, inclusive insurance and educational work on climate protection in our project work, we want to continue to make a contribution to a global, sustainable and climate-proof future. You can find an overview of this in our recently published annual report: > more

We hope you enjoy reading our quarterly newsletter.

Your team
Munich Re Foundation