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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…
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.
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…
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…
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.