AI-generated summary
COP31 Global Insurance and Resilience Summit was held on 11-12 November, and COP31 Global Sustainable Insurance Summit was held on 13-14 November at Insurance House. The effects of climate risks on the economy, financing of disaster-resistant cities, renewable energy investments, agriculture and food security, and the role of insurance in these areas were discussed at the event.
At the event, first the "COP31 Global Insurance and Resilience Summit" was held on 11-12 November, and then the "COP31 Global Sustainable Insurance Summit" was held on 13-14 November in cooperation with the United Nations Environment Program Finance Initiative (UNEP FI).
Bringing together national and international stakeholders, topics such as the effects of climate risks on the economy, financing of disaster-resistant cities, renewable energy investments, agriculture and food security and the role of insurance in these areas were discussed at the Insurance House.
Commenting on the Insurance House to the AA correspondent upon completion of the event, TSB Secretary General Özgür Obalı explained that they aim to realize the Insurance House with the vision of turning the COP31 in Türkiye into an opportunity this year in the perspective of climate change and attracting it to a global intelligence center.
Stating that there was intense effort and effort in organizing the event, Obalı mentioned that they focused on managing climate crises, financing green transformation, and making future risks manageable with insurance know-how and data at the insurance center for four days, parallel to COP31.
Obalı said, "During this process, we participated in intensive meetings, around 16 panels and different panels in the blue and green zones. Thus, if we can manage to include insurance as a more visible title in the final declarations, this will be the most important success. This year, it will be one of our most important goals to actually implement the COP31 outputs step by step. The most important motto of COP31 is to move from dialogue to action (dialogue, consensus, action). Therefore, we already have a to-do list. In this context, how much of these should be done." "If we can mobilize the majority of people into action, we will think that we have achieved such successful results step by step." he said.
Emphasizing that one of their main goals is to make insurance accessible, Obalı stated that increasing climate risks and natural events make this more visible.
Stating that they are focusing on the transition from a position that pays claims in insurance to a structure that prevents and eliminates risks, Obalı said that they are focusing on integrating the data they have on this subject with different institutions.
Obalı added that they act with the perspective of ensuring that especially the uninsured segments can manage their recovery processes more easily, providing more suitable investment environments with more accessible insurance for the business world, and providing more effective access to financial resources.
AI outlook — possibilities, not facts
COP31 outcomes will be implemented step by step.
Likely · Within months
Efforts will be made to include insurance as a more visible topic in the final declarations.
Possible · Within months

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