Growing Returns

Selected tag(s): insurance

PACE Crop Insurance helps an Illinois farmer improve conservation and save money

Co-authored by Pinion

The use and production of fertilizer in agriculture is a significant contributor to greenhouse gas emissions and a major cause of pollution in the nation’s rivers and lakes. Agriculture is the largest global source of nitrogen pollution, and annual damages from nitrogen pollution are estimated to exceed $200 billion in the US. Enhancing nitrogen use efficiency and optimizing application techniques is essential to reducing these impacts.

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First-of-its-kind insurance report confronts climate risk

As many of us are witnessing across the globe this summer, the impacts of climate change are already upon us: the increasing severity of wildfires, more frequent and widespread extreme heat events, and the looming risk of floods and sea level rise even during a drought.

This is especially true for California, where wildfires fueled by a historic drought have already scorched three times as much land as they did in the same period of last year’s record-breaking season.

These climate impacts are not evenly distributed. They fall disproportionately on people with lower incomes, people of color, older adults, children and people with chronic health conditions.

wildfire

Building community resilience to fire and heat is an immediate imperative. Read more: Heat, fire, smoke and blackouts: How to live with our new reality.

As the destruction wrought by climate change continues to accelerate, state leaders and the insurance industry are exploring ways to make communities more resilient, especially the residents who are most vulnerable to climate impacts. Read More »

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