Green Building Support from the Insurance Industry Aims to Reduce Environmental Risks

PRLog (Press Release) - Oct 25, 2006 -
POINT ROBERTS, Wash., DELTA, B.C., October 25, 2006 - www.EnvironmentStocks.com (ES) an investor and industry news portal for the cleantech sector, provides insight into the growing support for ‘green’ technology by the insurance arena. Insurers are showing new strategic directions as they focus on reducing the risks associated with climate change in hopes of minimizing the occurrence and impact of natural disasters such as fires, floods, hurricanes etc. By reducing harmful greenhouse emissions and thus minimizing global warming, insurers are hoping to minimize losses, but also establish new revenue channels. The green building arena and its participants such as environmentally friendly fire resistant building materials manufacturer International Barrier Technology Inc. (OTCBB: IBTGF - TSXV: IBH), are looking to benefit from the additional support of this sector, which is considered to be a driving factor towards future market growth.

Climate change poses significant risks across the United States, the consequences of which are often felt in coastal, flood-prone and fire-prone areas, through escalating degrees of natural disasters. According to a report from CERES, a coalition of investment funds, environmental organizations and other public interest groups, 2005 realized near $80 billion worldwide in insured weather-related catastrophe losses.


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Visit our growing list of participating public companies in the environmental sector: www.environmentstocks.com/Enviro_Stocks/Stock_List.asp and the renewable energy industry: www.renewableenergystocks.com/Companies/RenewableEnergy/Stock_List.asp.

Featured Clean Tech Sponsors: (The ES portal is compensated by Barrier as disclosed in disclaimer below)

International Barrier Technology, Inc. (OTCBB: IBTGF; TSXV: IBH)
For More Info: www.environmentstocks.com/Companies/IntlBarrier/Default.asp or www.intlbarrier.com.

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Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com

Web Site: www.EnvironmentStocks.com

Source: EnvironmentStocks.com, International Barrier Technology, Inc.