Displaying 1191 - 1200 of 1274

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…

Notes on Philippine Funding Options in the Loss and Damage Age

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.

Risk Transfer Schemes Including Insurance Products and Tools

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…

Disaster Risk Finance Insurance incl. Cat and Resilience Bonds

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.

Country Experience on Contingency Finance: Nicaragua

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?

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…

Social Facets of Climate Risks

6 September 2016
What are the social aspects of the risks of loss and damage, particularly vulnerable countries, populations and the ecosystems they depend upon? In this presentation, Mark New of the African Climate and Development Initiative, University of Cape Town explains the social facets of climate risks.

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…