Climate change is an emerging threat for our planet. It has manifested in disasters of unpredictable frequency and intensity in different parts of the world. The climate plays such a major role in our planet’s environmental system that even minor changes have impacts that are large and complex. Climate change affects people and nature in countless ways. It often increases existing threats that have already put pressure on the environment. But it is not a problem which has appeared overnight – its 30 years since scientists first alerted the world to the dangers of climate change. Changes in nature have serious implications for people and our economic system. The insurance industry estimates the potential economic damage, caused by the impacts of global warming, to be hundreds of billions of dollars each year.