Traditional insurance relies on past losses, but climate risks are forward-looking—which calls for parametric or weather-based insurance,”“To truly protect our citizens, we must take joint action to build a sustainable climate risk insurance system—this includes legal reform, robust databases, technology, and strong regulatory backing,” he added. Climate insurance can help absorb shocks and prevent poor households from falling into debt after disasters,”“Women are among the most at risk from the impacts of climate change. Norul Amin, Programme Policy Officer at WFP Bangladesh, stressed the importance of fast, reliable instruments. As climate threats intensify, the speakers said integration of CRI into national policy and public consciousness is no longer optional, rather it is essential. Oxfam, WFP, and the ERF urge all stakeholders to invest in CRI literacy and policy reform, making Bangladesh a regional leader in people-centred climate finance.

Source: Bangladesh Sangbad Sangstha December 22, 2025 11:37 UTC