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6 September 2016
Impact evaluation (IE) is both a possible and vital component in implementing environmental programs and in achieving the desired environmental outcomes. Indirect and general equilibrium effects, however, pose challenges in the use of IE as an environmental intervention. Coming up with creative…
6 September 2016
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…
6 September 2016
Poor households are more likely to be affected by disasters, and have been found to lose relatively more than non-poor people. Adaptive social protection programs can protect poor households from climate and other shocks.
6 September 2016
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…
6 September 2016
The Philippine Government has established the people’s survival fund through Republic Act 10174. The fund is intended to provide long-term finance streams to enable the Government to address the problem of climate change. This is among the noted funding options that aim to address climate loss and…
European Union's Experiences in Policy, Funding and Financing Instruments Addressing Loss and Damage
6 September 2016
The European adaptation strategy deals with adaptation and resilience. Financial instruments are part of the whole package, while research and innovative approaches are considered to close existing knowledge gap.
6 September 2016
Risk transfer schemes can be utilized most efficiently when used as part of comprehensive, needs-based risk management solutions. Forum participants identified the schemes that can help address the losses and damages caused by climate change. The output also enumerates challenges and opportunities…
6 September 2016
No country can fully insulate itself against extreme natural disasters, despite prevention and mitigation efforts. A balanced mix of financing, therefore, is needed.
6 September 2016
Nicaragua is the first nation in Central America to get covered by a disaster risk insurance. Was this move helpful in reducing its vulnerability?
6 September 2016
The G7 Climate Risk Insurance Inititative—InsuResilience—aims to increase by up to 400 million the number of poor and vulnerable people who have access to direct or indirect insurance coverage by 2020. To reach this objective, the initiative will boost indirect insurance while developing and…