How Cat Bonds help people recover from climate disasters

WBUR

Published December 15, 2025 at 8:14 AM AKST

After the hurricane in Jamaica, the government had a pot of money to help rebuild, called the Catastrophe Bonds payout.

Planet Money‘s Jeff Guo explains how it works and why Cat Bond popularity is on the rise as a response to climate change.

This article was originally published on WBUR.org.