Everbridge & Cop28: Climate Resilience

the global leader in critical event management (CEM) and national public warning solutions

Everbridge, Inc. (Nasdaq: EVBG) is a global pioneer in critical event management (CEM) and public warning solutions. The company recently announced its engagement with the COP28 World Climate Summit - The Investment COP to address how the combination of public safety technology and index-based insurance may assist governments and businesses minimize the growing impact of climate change. This novel method attempts to equip organizations with a comprehensive strategy for addressing climate risk and increasing resilience.

Dave Wagner, CEO of Everbridge, emphasized the rising frequency and severity of climate-related disasters, which have far-reaching consequences for communities and businesses. As the pace of climate change accelerates, it is clear that governments and businesses must adjust to a new reality of increasing risk. Wagner stressed the need of climate resilience for organizations, stating that those who do not prioritize it risk experiencing substantial operational interruptions. Customers are increasingly demanding improved climate adaption policies, making governance a vital component of private sector climate change initiatives.

The company will take part in the fireside conversation "Ensuring a Climate Resilient Future Through Insurance" during the Summit, which is slated for December 7, 2023, in Dubai, United Arab Emirates. Tracy Reinhold, Chief Security Officer of Everbridge, will participate in the debate, which will be moderated by Ekhosuehi Iyahen, Secretary General of the Insurance Development Forum (IDF). The discussion will focus on the insurance industry's involvement in the transition to a net-zero economy, as well as how insurers and risk managers may encourage climate mitigation through policies and risk advisory services.

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