Fact Sheet: Reinsurance Event Attributed Carbon Tax – REACT

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In 2015 Predict Ability Ltd (PAL) introduced the Reinsurance Event Attributed Carbon Tax (REACT) system, which was originally designed to put a price on the financial loss and damage arising from carbon emissions. REACT measures the expected losses that will occur for each tonne of carbon dioxide emitted. Further, it determines the allocation of the […]

Fact Sheet: Reinsurance Event Attributed Carbon Tax – REACT was last modified: April 18th, 2017 by admin