Making Risk Finance an Integral Synergizing Element of Comprehensive Risk Management: Philippines’ Experience

Event: 2016 Forum of the Standing Committee on Finance

Making Risk Finance an Integral Synergizing Element of Comprehensive Risk Management: Philippines’ Experience

06 September 2016

Author / Speaker:

Takeshi Kuwabara, Sompo Risk Management and Health Care Inc. - Other materials by the author

Enhancing the comprehensive risk management (CRM) is key to addressing loss and damage associated with climate change impacts.

As a part of CRM, risk finance such as insurance should be designed in a way that creates synergy with risk control. To that end, building incentive mechanisms for risk control into risk finance schemes is important.

Geographical Focus:

Philippines

Type of Content:

Learning Event

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