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  • Insurer backs climate adaptation project
        (Copyright Thompson’s World Insurance News
        Not to be redistributed by individual recipients.)
        Canada’s largest p&c insurer is teaming up with the University of Waterloo to study climate change mitigation strategies.
        Intact Financial Corp. and the university are launching a research project that will identify the most appropriate initiatives and action plans that governments, businesses and civil society could undertake to better adapt to the potential impacts and consequences of climate change on Canada’s ecological systems, its social fabric and the economy.
        “While discussions about climate change mitigation have received a lot of attention in recent years, issues around how we adapt to current and future climate change realities need further research and concrete action,” Intact Financial Corp. president and ceo Charles Brindamour said.
        “This project is exciting because it will further the knowledge base accumulated over the last few years and will outline tangible implications and opportunities for Canada.”
        The three-year project Climate Change Adaptation Project: Canada is being funded in full by a grant from Intact Foundation. An exact dollar figure for the funding was not disclosed.
        The study will be headed by Prof. Blair Feltmate, Waterloo’s director of sustainable practice in the school of environment, enterprise and development.
        “Given the inevitability of climate change, it is critical for Canada to identify priority actions that need to be taken to limit and adapt appropriately for potential impacts,” Mr. Feltmate said.
        “This is the first time a project of this kind has been undertaken in Canada.
        “What makes the project unique is that it will embody tangible recommendations that federal, provincial, municipal and First Nations leaders, as well as businesses and citizens could pursue to take meaningful action.”
        More in our June 28 2010 edition
        
     



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