周延礼：保险业可撬动社会资本 参与气候适应性与韧性投融资

Core Viewpoint - The period of the 14th Five-Year Plan is crucial for China to achieve socialist modernization and the dual carbon goals, necessitating a new understanding of risk management in the insurance industry [1][6]. Group 1: Climate Adaptation and Resilience - Enhancing climate adaptability and resilience is essential to address the challenges posed by climate change, with green insurance and investment from insurance funds playing a pivotal role in mobilizing social capital for this purpose [3][8]. - The increasing frequency of extreme weather events, such as floods and droughts, has led to a significant rise in insurance claims, with payouts reaching approximately 25 billion yuan for flood disasters in 2020 and 41 billion yuan for snow and ice disasters in 2024 [3][8]. Group 2: Funding Gaps and Structural Imbalances - There is a substantial funding gap and structural imbalance in the financing of climate adaptation and resilience initiatives, which cannot be addressed solely through government funding [4][9]. - The current investment structure shows a heavy reliance on indirect financing channels like bank credit, while direct financing options such as equity and bond financing are underdeveloped [4][9]. - The urgency for climate adaptation funding is increasing, particularly in sectors like agriculture and disaster management, where significant financial support is needed [4][9].