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Impact of climate change on insured property damage

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2018 study– IPCC RCP 8.5 scenario

06/07/2018

Because of the key role it plays by managing the Compensation Scheme in France, CCR conducts studies on the vulnerability of the French territories on a present-day and prospective basis with a focus on climate change. This 2018 study is based on the IPCC RCP 8.5 scenario that takes into account the assumption that average global temperature will increase by 4° C by 2100. The Météo France and CCR models required over 5 million hours of calculation to cover the French mainland for the 2050 scenario.

 

This study underscores the critical need for prevention and mitigation policies that can meet the challenges of:

• containing the foreseeable rise in property damage,

• maintaining the foundations of the Natural Disaster Compensation Scheme,

• limiting greenhouse gas emissions so that they remain within the limits of the IPCC RCP 4.5 scenario compatible with the Paris agreement.

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Impact of climate change on insured property damage

2018 study– IPCC RCP 8.5 scenario

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