(2024-10-30). Government looks into insurance for climate-related disaster events. sanews.gov.za Government looks into insurance for climate-related disaster events | Government is exploring options for purchasing insurance for certain climate-related disaster events, where such a practice would not undermine budget sustainability. | Tabling the 2024 Medium-Term Budget Policy Statement (MTBPS) in Parliament, Finance Minister Enoch Godongwana said climate-related disasters have intensified, damaging infrastructure and disrupting life. | "The increasing frequency and intensity of climate disasters is costly, and we must proactively work to reduce their impact on the fiscus and on society," the Minister said on…
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