Prince of Wales congratulates insurance industry on Climate Change initiative

The insurance industry is leading the way in the fight against climate change, said the HRH the Prince of Wales at the launch of the Association of British Insurers' ClimateWise initiative. In a speech to the signatories of the new enterprise, Prince Charles congratulated the insurance industry for taking a leading role within the business industry.

"From today, I hope we'll see the rest follow its lead, and I would be delighted if it becomes an incentive for other sectors" he said. "We have less than 10 years to slow, stop and reverse greenhouse gas emissions."

ClimateWise was launched on Thursday 13 September 2007 at the RiverBank Park Plaza in the presence of HRH Prince of Wales. The initiative involves a group of leading companies and organisations in the insurance industry, each committed to taking action on climate change and to reporting publicly on performance.

At the launch, Prince Charles added that over the years, he has heard every excuse from companies about the impossibility of an industry coming together to tackle climate change. He said the ClimateWise initiative was proof that collective work was possible.

The Prince of Wales added that the current fight against climate change should be thought of as being a wartime situation. However, he said he had high hopes, as the UK was the only country in the world "where business and the government were aligned on this issue."

Prince Charles ended his speech by citing an African saying: "We have borrowed the present from our children. Right now, we are stealing it."

Climate change has been blamed for many extreme weather conditions which in turn can cause devastation to homes and possessions. In the unfortunate event that you find yourself a victim of a large household disaster such as a flood or tornado, would you be able to remember exactly what you own and what you need to replace? Having a pre-prepared list can make the unthinkable a little more bearable and ensure that, with the help of your insurer, you will be able to get back to normal more quickly.


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