IPCC Awarded Nobel Peace Prize

The Intergovernmental Panel on Climate Change (IPCC) was awarded the Nobel Peace Prize on Oct. 12.

IPCC panel members include Institute for Catastrophic Loss Reduction (ICLR) executive director Paul Kovacs and ICLR policy director Dr. Gordon McBean.

The IPCC will share the prize “in two equal parts” with Al Gore “for their efforts to build up and disseminate greater knowledge about man-made climate change, and to lay the foundations for the measures that are needed to counteract such change,” says an ICLR statement, citing the Norwegian Nobel Committee.

According to Kovacs, the award “is further recognition of the international leadership demonstrated by ICLR researchers and the Canadian property and casualty insurance industry, and acknowledgement of the importance of climate change for our society.” •