The Insurance Council of NZ urges the government to lead in climate adaptation, proposing ambitious goals and a defined resilience level by 2050.

The Insurance Council of NZ urges the govt to lead in climate adaptation, supporting a national climate adaptation model involving govt, councils, private sector, & communities. Ambitious goals & a defined resilience level by 2050 are proposed, with a focus on proactive, economically beneficial adaptation measures. Financial instruments like resilience bonds are suggested to fund adaptation efforts.