A special fund for the prevention of major natural hazards – known as the ‘Barnier fund’ after the newly appointed prime minister – is at the heart of a debate between the French government and insurance companies, who are divided over its financing.
Also known by its French acronym, FPRNM, the fund has been called the backbone of France's natural disaster prevention policy, according to the country's CCR public assurance body in its latest report on the subject.
