Session VII - Insurance and Resilience | HFF 2024

The Himalayan region has been disproportionately affected by climate change-induced disasters. However, currently, there is minimal adoption and availability of climate insurance in the region. In this context, the session on insurance and resilience explored the importance and relevance of climate insurance in South Asia. This session discussed insurance's role in mitigating the region's multi-faceted challenges. The session also delved into the innovative insurance products and services that can help protect lives and property vulnerable to catastrophic events. Additionally, the discussion explored how insurance could shield vital properties and livelihoods in climate-vulnerable areas like the Himalayas.
Himalayan Future Forum (HFF) is an initiative to encourage multi-faceted dialogues on the Himalayas by bringing together stakeholders from different countries and sectors. Currently incubated as a center as part of the Nepal Economic Forum, it will emerge as a separate not-for-profit entity over a period of time.
HFF 2024 was the first flagship event of the forum. It consisted of four types of sessions - keynote speeches, panel discussions, conversations, and presentations - that talked about climate, community, and connectivity in the Himalayan region.
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