Abstract
In the light of changing and evolving parameters throughout the World, risk definitions vary as well, leading to the necessity to make new risk definitions in various fields in addition to those, the effects of which can be easily observed and measured, such as technology and information security. This change also manifests itself in the insurance industry based on climate change. The increase in the number and scale of climate-based natural disasters throughout the World, in conjunction with global warming, made the economic losses caused by natural disasters visible. Climate change A caused and will continue to cause significant changes in many fields of the insurance industry, such as property insurances, agricultural insurances, and health insurance. The insurance industry attempts to mitigate the negative impacts of climate change through active risk measures such as mapping, risk analysis, funding research, collective data sharing, and active participation in climate protection activities throughout the World. However, it is crucial for the State and affiliated public enterprises to support this process as a regulatory and adequate power, create a suitable legal, financial and regulatory framework for private sector initiatives, and conduct informative activities about the importance of insurance in natural disasters. Emerging financial burden should be divided between individual-public-private enterprises, and this division should be made in a balanced and fair manner in the light of the applicable legislation. This study primarily addresses the devastating impacts of climate change on the World and Türkiye, which emerged notably in the recent era and the financial burden brought about by this. Then the issue of responsibility of the public sector, which is responsible for taking necessary and adequate measures against climate change, was explored in the context of both national legislation and international agreements. The adequacy of the applicable legislation for the State and public enterprises to create a suitable consciousness-raising, a preventive and compensatory legal framework specific to the climate change in Türkiye was reviewed, and suggestions were made.
References
- Acar O. 2006. Gelişmiş ülkelerin sigorta sektöründe doğal afet risklerinin finansmanı ve katastrofik tahviller: 2005 Yılı Analizi. Sigorta Araş Derg, 2: 107-121.
- AFAD 2014. 2014-2023 İklim değişikliği ve buna bağlı afetlere yönelik yol haritası belgesi. URL: https://www.afad.gov.tr/kurumlar/afad.gov.tr/3920/xfiles/iklim-son.pdf (accessed date: December 26, 2023).
- Alcamo J, Moreno J, Nováky M, Bindi B, Corobov M. 2022. Devoy acarnational climate assessment. J Global Change, 7: 11-42
- Çekici, E. 2009. Küresel ısınma ve iklim değişikliğinin Türkiye’de tarım sigortalarina etkisi. Öneri Derg, 8(32):105-111.
- Dogan S, Doğan E, Tüzer, M. 2020. Küresel ısınma ve iklim değişikliği: Bilimsel uzlaşmadan politik ayrışmaya. İstanbul Ticaret Ünivi Sosyal Bilim Derg, 19(39):1453-1484.
- Finneran A, O'Sullivan L. 2010. The effects of force and exertion duration on duty cycle time: implications for productivity. J Human Factors Ergon Manufact, 20(4): 324-334
- Golnaraghi M, 2018. Addressing climate change belongs in insurance companies’ boardrooms, J Risk Manage, 41: 24-30
- Gürsel, E. 2018. İdarenin doğal afetler neticesinde meydana gelen zararlardan sorumluluğu. J Res Stud Anatolia, 1(2): 330-343.
- Hallegatte, Stephane and Bangalore, Mook and Bonzanigo, Laura and Fay, Marianne and Narloch, Ulf and Rozenberg, Julie and Vogt-Schilb, Adrien, 2014. Climate Change and Poverty. J Analytl Framework 7126: 1-47
- Hsiang SM, Burke M, Miguel E. 2013. Quantifying the influence of climate on human conflict, J Sci, 341: 6151
- Madeleine CT, Delia G, Ruth D, Jessica C, Metcalf E, Hannah N, Alessandra G. 2018. Climate impacts on disasters, infectious diseases and nutrition. London, UK, 1st ed., pp: 26.
- Röder M, Thornley P , Jamieson C. 2024. The greenhouse gas performance and climate change mitigation potential from rice straw biogas as a pathway to the UN sustainable development goals, J Biomass Bioen, 182: 1-15
- Şen ÖL. 2013. A holistic view of climate change and its impacts in Turkey. (Report). Istanbul Policy Centre, Istanbul, Sabanci University, Istanbul, Türkiye, pp: 124.
- Surminski S, Bouwer LM, Linnerooth-Bayer J. 2016. How insurance can support climate resilience. J Nature Climate Change, 6(4): 333-334.
- Türkeş M, Deniz AZ. 2010. Klimatolojik/meteorolojik ve hidrolojik afetler ve sigortacılık sektörü. Uluslararası İnsan Bilim Derg, 7(2): 997-1020.
- Yıldız AŞ. 2023. Depremden kaynaklanan manevi zararlardan idarenin sorumluluğu. Türkiye Barolar Birliği Derg, 167:133-175.
Abstract
In the light of changing and evolving parameters throughout the World, risk definitions vary as well, leading to the necessity to make new risk definitions in various fields in addition to those, the effects of which can be easily observed and measured, such as technology and information security. This change also manifests itself in the insurance industry based on climate change. The increase in the number and scale of climate-based natural disasters throughout the World, in conjunction with global warming, made the economic losses caused by natural disasters visible. Climate change A caused and will continue to cause significant changes in many fields of the insurance industry, such as property insurances, agricultural insurances, and health insurance. The insurance industry attempts to mitigate the negative impacts of climate change through active risk measures such as mapping, risk analysis, funding research, collective data sharing, and active participation in climate protection activities throughout the World. However, it is crucial for the State and affiliated public enterprises to support this process as a regulatory and adequate power, create a suitable legal, financial and regulatory framework for private sector initiatives, and conduct informative activities about the importance of insurance in natural disasters. Emerging financial burden should be divided between individual-public-private enterprises, and this division should be made in a balanced and fair manner in the light of the applicable legislation. This study primarily addresses the devastating impacts of climate change on the World and Türkiye, which emerged notably in the recent era and the financial burden brought about by this. Then the issue of responsibility of the public sector, which is responsible for taking necessary and adequate measures against climate change, was explored in the context of both national legislation and international agreements. The adequacy of the applicable legislation for the State and public enterprises to create a suitable consciousness-raising, a preventive and compensatory legal framework specific to the climate change in Türkiye was reviewed, and suggestions were made.
References
- Acar O. 2006. Gelişmiş ülkelerin sigorta sektöründe doğal afet risklerinin finansmanı ve katastrofik tahviller: 2005 Yılı Analizi. Sigorta Araş Derg, 2: 107-121.
- AFAD 2014. 2014-2023 İklim değişikliği ve buna bağlı afetlere yönelik yol haritası belgesi. URL: https://www.afad.gov.tr/kurumlar/afad.gov.tr/3920/xfiles/iklim-son.pdf (accessed date: December 26, 2023).
- Alcamo J, Moreno J, Nováky M, Bindi B, Corobov M. 2022. Devoy acarnational climate assessment. J Global Change, 7: 11-42
- Çekici, E. 2009. Küresel ısınma ve iklim değişikliğinin Türkiye’de tarım sigortalarina etkisi. Öneri Derg, 8(32):105-111.
- Dogan S, Doğan E, Tüzer, M. 2020. Küresel ısınma ve iklim değişikliği: Bilimsel uzlaşmadan politik ayrışmaya. İstanbul Ticaret Ünivi Sosyal Bilim Derg, 19(39):1453-1484.
- Finneran A, O'Sullivan L. 2010. The effects of force and exertion duration on duty cycle time: implications for productivity. J Human Factors Ergon Manufact, 20(4): 324-334
- Golnaraghi M, 2018. Addressing climate change belongs in insurance companies’ boardrooms, J Risk Manage, 41: 24-30
- Gürsel, E. 2018. İdarenin doğal afetler neticesinde meydana gelen zararlardan sorumluluğu. J Res Stud Anatolia, 1(2): 330-343.
- Hallegatte, Stephane and Bangalore, Mook and Bonzanigo, Laura and Fay, Marianne and Narloch, Ulf and Rozenberg, Julie and Vogt-Schilb, Adrien, 2014. Climate Change and Poverty. J Analytl Framework 7126: 1-47
- Hsiang SM, Burke M, Miguel E. 2013. Quantifying the influence of climate on human conflict, J Sci, 341: 6151
- Madeleine CT, Delia G, Ruth D, Jessica C, Metcalf E, Hannah N, Alessandra G. 2018. Climate impacts on disasters, infectious diseases and nutrition. London, UK, 1st ed., pp: 26.
- Röder M, Thornley P , Jamieson C. 2024. The greenhouse gas performance and climate change mitigation potential from rice straw biogas as a pathway to the UN sustainable development goals, J Biomass Bioen, 182: 1-15
- Şen ÖL. 2013. A holistic view of climate change and its impacts in Turkey. (Report). Istanbul Policy Centre, Istanbul, Sabanci University, Istanbul, Türkiye, pp: 124.
- Surminski S, Bouwer LM, Linnerooth-Bayer J. 2016. How insurance can support climate resilience. J Nature Climate Change, 6(4): 333-334.
- Türkeş M, Deniz AZ. 2010. Klimatolojik/meteorolojik ve hidrolojik afetler ve sigortacılık sektörü. Uluslararası İnsan Bilim Derg, 7(2): 997-1020.
- Yıldız AŞ. 2023. Depremden kaynaklanan manevi zararlardan idarenin sorumluluğu. Türkiye Barolar Birliği Derg, 167:133-175.
Details
| Primary Language | English |
|---|---|
| Subjects | Environmental Assessment and Monitoring, Natural Resource Management |
| Journal Section | Research Articles |
| Authors | |
| Publication Date | November 15, 2024 |
| Submission Date | September 17, 2024 |
| Acceptance Date | October 22, 2024 |
| Published in Issue | Year 2024 |