2 December 2019Insurance

Mapfre supporting UN climate change conference in Madrid

Spanish insurance company MAPFRE is actively participating in the United Nations Climate Change Conference (COP25), which opens today in Madrid. Over the next two weeks, the company will carry out a series of activities to highlight its commitment to fighting climate change and protecting the environment.

As part of his involvement with COP25, MAPFRE chairman and CEO Antonio Huertas will participate on December 9 in the InsuResilience Global Partnership Forum, where he will analyse the economic impact of climate change, the perspective of insurers as institutional investors, the role of insurance in reconstruction and its complementary function alongside public institutions.

MAPFRE has also organized a dialog on Wednesday, December 4 titled Road Safety for a Sustainable World. Jesús Monclús, director of accident prevention and road safety at Fundación MAPFRE, will moderate a debate among experts who will discuss the importance of promoting zero emission vehicles and promoting alternative transport solutions, such as e-bikes, electric scooters and shared vehicles.

They will also explain the main educational initiatives that Fundación MAPFRE is working on to promote safe, healthy and sustainable mobility. Measures aimed at promoting traffic-restricted areas, improving public transport networks with cleaner fuels (gas or electricity), and decreasing speed limits in city centers to help reduce emissions will also be evaluated.

The documentary María’s Children, promoted by MAPFRE, will be released in Spain today, with the aim of telling the story of how a country, Puerto Rico specifically, rebuilt itself after being ravaged in 2017 by Hurricane Maria.

The film, aimed at the general public and lasting one hour, shows what happened in the country before, during and after the hurricane, and how it has risen once again thanks to the resilience and solidarity of its people.

In 2017 alone, the MAPFRE paid out more than 1.2 billion euros in benefits to its clients in disaster-related claims.

Huertas will be actively involved in COP25 through his social networks with clear call-to-action messages. Global companies, according to Huertas, have a role to play in this climate commitment.

Through his Linkedln page, Huertas highlights the slim margin society has to react and reverse the uncontrolled effects of climate change, which is shifting involvement from the purely personal to the global level.

“The real changes that will reverse the terrifying climatic situation can only come about through cooperation, with citizens, businesses and society in general acting jointly on shared values,” he said.

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