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Sustainable Development Goal - Achieving the Sustainable Development Goal on Halving Road Deaths and Injuries: Impacts and the Role of Infrastructure

12 September 2016
Targets like those reflected in the global sustainable development goals are important because they provide strategic focus for road safety. Research and experience show that long-term goals and targets provide better management of strategies and programs, improved quality of safety programs, and…

Case Studies - Achieving the Sustainable Development Goal on Halving Road Deaths and Injuries: Impacts and the Role of Infrastructure

12 September 2016
The International Road Assessment Programme (iRAP) is used for setting road safety targets, assessing existing road networks and tracking infrastructure risk over time, evaluating safety benefits of road projects, assessing risk for design iterations, and conducting post-construction evaluations.…

Experiences of the G7 Climate Risk Insurance Initiative: InsuResilience

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…

What are the Limitations of the Existing Financial Instruments to Address the Risks of Loss and Damage and What Could Be Other Options/Solutions Considering the Best Practices Around?

6 September 2016
Forum participants enumerated the limitations of existing financial instruments, which include, among others, a lack of accessible and adequate data and a common understanding about how to characterize loss and damage. Contingency funds are also mostly loan-based. To address these limitations, they…

What is the Role and Importance of Enabling Environments (e.g. Policies/Strategies, Institutions, Capacity) to Effectively Apply Financial Instruments to Address the Risks of Loss and Damage?

6 September 2016
Forum participants identified the major stakeholders of financial instruments that address loss and damage. They also discussed strategies and options that can be taken to create an enabling environment for financial instruments.

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.

Outcomes of the Break-out Groups

6 September 2016
Forum participants enumerated the limitations of existing financial instruments, which include, among others, a lack of accessible and adequate data and a common understanding about how to characterize loss and damage. They also discussed strategies and options that can be taken to create an…

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

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…

What Makes Social Protection Systems Adaptive?

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.

New Financing Approaches, Instruments and Opportunities that Address the Risks of Loss and Damage

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…