The depoliticization of climate disasters: Unpacking the entanglement of satellites with parametric climate risk insurance

Satellites permit (near) real-time visibility of a wide range of environmental conditions, across large areas, and to diverse audiences. In climate risk management, this technology is becoming entangled with parametric insurance technology. In areas with large uninsured populations and scarcity of environmental data, satellite-based parametric insurance is increasingly promoted as an efficient way to provide coverage against extreme weather events. Satellites can facilitate payouts for events like tropical cyclones using environmental proxies (e.g., wind speed) and demographic data, bypassing traditional post-disaster assessments. Using qualitative methods, we investigate how the entanglement impacts the understanding, management and governance of climate disasters. We find that both technologies reduce on-the-ground complexities through how such disasters are perceived, anticipated, and governed. The entanglement intensifies the depoliticization of climate disasters and further compromises climate justice. This development in climate risk governance is crucially relevant to consider in the ongoing Loss and Damage Finance negotiations.