Naslov
The Role of Insurance and Tourism Industries in Achieving Climate Resilience

Autori
Runko Luttenberger, Lidija ; Luttenberger, Axel

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Tourism and Hospitality Industry: Trends and Challenges / Milohnić, Ines ; Smolčić Jurdana, Dora - Opatija : Fakultet za menadžment u turizmu i ugostiteljstvu Sveučilišta u Rijeci, 2018, 383-393

Skup
24. bijenalni međunarodni kongres Turizam i hotelska industrija: trendovi i izazovi = 24th Biennial International Congress Tourism & Hospitality Industry - Trends and Challenges

Mjesto i datum
Opatija, Hrvatska, 26.04.2018. - 27.04.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
environmental law, ecology, climate changes, insurance industry, tourism industry, resilience

Sažetak
Purpose – Global warming and the consequential climate change effect have an impact across multiple lines of insurance and tourism industry. The paper is focused on the interest and role of both the insurance and tourist industries in financing and implementing the policies of protection of natural resources. Design – First chapter describes environmental vulnerabilities, while the second one identifies specific features of Croatia. The third chapter proposes sustainable solutions, fourth chapter emphasizes the need for new insurance products and the fifth one defines long-term obligations for resilient tourism industry. Methodology – Given holistic focus of the topic, the authors applied qualitative research based on observations, authors’ previous research and experiences and the reports on current research on the subject, with emphasis on the Republic of Croatia. Approach – The authors implemented holistic approach. Findings – Insurance industry should play major role in increasing resilience through following measures: 1. introducing obligatory climate insurance policy for businesses in general, 2. loss prevention, 3. charging high premiums for developments taking place in the vicinity of vulnerable natural resources that provides protective service, and 4. linking insurance business policy to the compliance of tourist and also other undertakings with non- financial reporting requirements and initiatives, such as those implementing the triple bottom approach which besides financial, also considers environmental and social aspects. Originality of the research – The paper provides original framework for preservation from the part of industries that have and should have a longer-term financial interest in existence of natural landscape and resources.

Izvorni jezik
Engleski

Znanstvena područja
Interdisciplinarne tehničke znanosti, Pravo

POVEZANOST RADA