The report further predicts that the situation could get worse as climate change will affect availability, quality and quantity of water negatively impacting the water and sanitation sector for billions of people all over the world.
The challenge of climate change in East Africa was recently analyzed in the “Horizon East Africa” (2019) research project authored by Msingi, Kenya Markets Trust and Gatsby Africa.
The report categorically stated “Climate change poses a major threat to East Africa” as temperatures continue to increase, water becomes scarcer and sea levels rise to the point of flooding coastal settlements.
Climate change should be of great interest to those of us in the Insurance Industry where our inter related roles as risk managers, insurers and investors contribute in promoting economic, social and environmental sustainability commonly referred to as sustainable development.
With the adoption of the UN Sustainable Development Goals, Paris Agreement on Climate Change (2015), and the Sendai Framework for Disaster Risk Reduction in 2015, there is growing pressure and urgency across all sectors of society to respond and find solutions to sustainability challenges the world is facing.
