Mia Mottley

Yeah, isn't that... Is it that maybe we haven't found the right lever?

You know, because when you talk to most people about climate change...

I don't think I'm being mean when I say most people don't necessarily care, care, care about it or don't feel like they can afford to care about it on a daily basis because it doesn't seem like the thing that impacts them now.

Like we're so bad at seeing slow problems.

You know what I mean?

Yeah.

But let me tell you, it's happening faster than we think though.

Yeah.

Look at California this year.

Look at the fires.

I mean, it was apocalyptic.

Look at the fact that from as far back as probably two, three years ago, insurance companies started to say, we're no longer insuring for fire risk.

Then let's look at southwestern US, sorry, Florida, Texas, Louisiana, all of those states, especially in Florida, you're getting insurance companies and in the Northern Caribbean starting to say, hey, I don't know if I want to insure you for flood.

I don't know if I want to insure you for hurricanes.

No.

What, and I've been saying for a while, what becomes uninsurable, eventually becomes uninvestable, whether it's a country, a sector, or a region.

The financial system globally is premised upon insurance in many ways.

You go to a bank, you want to borrow money for a car, insure the car.

You want to borrow money for a house, a mortgage, insure the house.

You want to borrow money for a company, these are the covenants that we require and we require you to cover insurance, blah, blah, blah.