Worsening Weather Is Igniting a $25 Billion Market
"Against a backdrop of rising climate volatility and social shifts, demand for #WeatherDerivatives is surging.
While a [catastrophe] bond may pay out if a 100-year storm tears through a community, a weather derivative can compensate a tourism business if there are too many rainy days, or a farmer if a hot summer stresses her crops."
https://www.bloomberg.com/news/articles/2024-05-04/climate-change-costs-blunted-by-25-billion-weather-derivatives-market
CelloMom On Cars /
npub1tp…sg9mk
2024-05-05 13:17:08
Author Public Key
npub1tp838vdwkjvhs2e0flh0h0cz9kg0n4hh2l9c06zd6pk4dqaf626sgsg9mkPublished at
2024-05-05 13:17:08Event JSON
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