Event: 2016 Forum of the Standing Committee on Finance New Financing Approaches, Instruments and Opportunities that Address the Risks of Loss and Damage 06 September 2016 Author / Speaker Butch Bacani The United Nations Environment Programme (UNEP) and the insurance industry has been working with institutional investors in promoting risk modelling beyond insurance. The aim is to offer parametric risk transfer to organizations (e.g., NGOs, development banks, microfinance providers, municipalities) while sharing the risk with third-party investors via an investment fund structure. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Topics Disaster Risk Management Climate Change Social Development and Protection