Bloomberg Originals 
Climate change fueled by rich nations has made parts of the planet seemingly uninsurable. Catastrophe bonds have been sold as a clever solution that spreads the risk, and great reward, to investors. But critics say they can leave vulnerable nations out of luck when disaster strikes.
Read more: The Harsh Reality of ‘Hurricane Insurance’
https://www.bloomberg.com/features/2024-jamaica-hurricane-catastrophe-bonds/?sref=omvmmwIg?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
00:00 – 01:00 = Intro
01:00 – 03:03 = What is a catastrophe bond?
03:03 – 07:06 = Jamaica’s cat bond after Hurricane Beryl
07:06 – 08:16 = The science of structuring a cat bond
08:16 – 09:21 = Risk modeling using synthetic storms
09:21 – 11:32 = Who benefits from catastrophe bonds?
11:32 – 12:54 = Building climate resilience
12:54 – 14:17 = Outro
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cutting NOAA surely does not help. thanks trump…
Worth noting that these days, China has similar cumulative emissions, and significantly higher per capita emissions than Europe (although not the US). Which isn't to say China shouldn't be praised for the pace at which it's decarbonising and electrifying, but the idea that 'the rich world' is solely responsible for CO2 in the atmosphere is a bit out of date, and will become more so.