ABSTRACT

This book explores the role of the insurance industry in contributing to, and responding to, the harms that climate change has brought and will bring either directly or indirectly. The Anthropocene signifies a new role for humankind: we are the only species that has become a driving force in the planetary system. What might criminology be in the Anthropocene? What does the Anthropocene suggest for future theory and practice of criminology? Criminology and Climate, as part of Routledge’s Criminology at the Edge Series, seeks to contribute to this research agenda by exploring differing vantage points relevant to thinking within criminology.

Contemporary societies are presented with myriad intersecting and interacting climate-related harms at multiple scales. Criminology and Climate brings attention to the finance sector, with a particular focus on the insurance industry as one of its most significant components, in both generating and responding to new climate ‘harmscapes’. Bringing together thought leaders from a variety of disciplines, this book considers what finance and insurance have done and might still do, as ‘fulcrum institutions’, to contribute to the realisation of safe and just planetary spaces.

An accessible and compelling read, this book will appeal to students and scholars of criminology, sociology, law and environmental studies and provides readers with a basis to analyse the challenges and opportunities for the finance sector, and in particular the insurance industry, in the regulation of climate harms.

chapter 1|16 pages

Dark clouds

Regulatory possibilities

chapter 2|14 pages

Co-creating sustainable risk futures

A role for insurers

chapter 4|29 pages

Speak loudly and carry a small stick

Prudential regulation and the climate, energy, and finance nexus *

chapter 6|19 pages

Quantifying changing climate risks and built environments in Australia

Implications for lenders, insurers and regulators

chapter 8|18 pages

Insurance in the Anthropocene

Exposure, solvency and manoeuvrability

chapter 9|26 pages

Finance actors and climate-related disclosure regulation

Logic, limits, and emerging accountability

chapter 10|15 pages

Towards attribution-based climate insurance

Redefining who should pay for weather-related insurance †