Is Lesotho’s Insurance Sector Ready for Climate Risk

Lesotho’s climate is shifting faster than the country’s systems can adapt. Floods that destroy homes in Maputsoe. Droughts that empty the Mohale Dam and cripple smallholder farmers. Violent storms that damage roads and power lines. These are no longer outliers. They are annual events. The question is whether the insurance sector is keeping pace with this new reality. Environmental: Climate Adaptation In theory, insurers should be frontline actors in climate resilience. By pricing risk correctly and rewarding adaptation, they can…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...