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The reality of climate change can no longer be ignored by U.S. policymakers, according to the chairman of Lloyd’s of London, who warned that coordinated action needs to be taken by government and business to save future generations.

“We cannot risk being in denial on catastrophe trends. We urgently need a radical rethinking of public policy, and to build the facts into future planning,” Lord Peter Levene said in a recent speech in Washington, D.C., to the World Affairs Council.

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