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) while sharing the risk with third-party investors via an investment fund structure.

Around 200 participants attended the two-day SCF forum, representing different regions and a variety of institutions, including public and private sector, NGOs, think tanks and international organizations. This documents summarizes the key take aways from the said forum.

Forum participants discussed lessons learned from case studies, including those from Senegal, Nicaragua, and the Philippines on the use of fiscal instruments for disaster risk management.

This presentation examines global climate pacts like the Paris Agreement and Sendai Framework for Disaster Risk Reduction 2015-2030. It looks at climate change and disaster risk reduction in the context of the sustainable development goals. Lastly, it underscores the importance of an integrated approach in the implementation of global agreements.

Adopting a paradigm shift towards low-emission and climate-resilient development pathways, the Green Climate Fund catalyzes climate finance by channeling financial resources to developing countries. The fund pursues a country-driven approach and promotes and strengthens relevant institutions and stakeholders.

The presentation defines climate finance and provides an overview of the sources and activities of the climate funds.

ADB’s plan to double its annual climate financing by 2020 is the focus of this presentation. Climate finance, defined by the Joint Report on Multilateral Development Banks' Climate Finance as the amount of financial resources that contributes to climate change mitigation and/or adaptation activities, is discussed.