Business Green: World leaders are being urged to consider plans for a $5bn (£3.5bn)-a-year global climate change insurance scheme that would provide developing countries with cover against the increased risk of climate change-related droughts and extreme weather events. The proposals were set out by the Munich Climate Insurance Initiative (MCII), a non-profit coalition of insurance firms, NGOs and research bodies, at last week’s climate change conference in Copenhagen and are to be presented to …