The PSI-ICLEI Insuring Resilient & Sustainable Cities Summit

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1 About the PSI-ICLEI Summit In December 2016, UN Environment's Principles for Sustainable Insurance (PSI), the largest collaborative initiative between the United Nations and the insurance industry, and ICLEI Local Governments for Sustainability, the leading global network of more than 1,500 cities, towns and regions, joined forces to create the largest collaboration between the insurance industry and cities. This year, the PSI and ICLEI are co-organizing the first-ever Insurance Industry & Cities Summit Insuring Resilient & Sustainable Cities on 5 May during the 2017 Resilient Cities Congress from 4-6 May in Bonn, Germany. The PSI-ICLEI Summit has the following aims: To explain the key roles of the insurance industry and cities in promoting economic, social and environmental sustainability in other words, sustainable development; To understand key resilience and sustainability challenges and opportunities for cities; To show insurance industry solutions and innovative partnerships between the industry and cities that build resilience and promote sustainability; To shape and drive the insurance industry and cities agenda around the world in line with the aims of the UN s 2030 Sustainable Development Goals, Paris Agreement on Climate Change, Sendai Framework for Disaster Risk Reduction, and the New Urban Agenda. The PSI-ICLEI Summit will be introduced at the Opening Plenary of the 2017 Resilient Cities Congress on 4 May. Launched in 2010, the Resilient Cities Congress convenes more than 400 urban leaders and experts annually from government, business, academia and civil society, including over 100 local government participants from more than 50 countries, to address key resilience and sustainability challenges and opportunities facing urban environments around the globe. The PSI-ICLEI Summit will comprise four deep-dive sessions on 5 May discussing how the insurance industry as risk managers, risk carriers (insurers), and institutional investors can work together with cities in shaping a resilient and sustainable urban future. Page 1 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

2 Session C4: Closing the disaster risk reduction gap: Understanding and reducing risk in cities Time: 09:00-10:30 Contact: Butch Bacani and Evgenia Mitroliou Room: S Sustainable Insurance and ICLEI The insurance industry s core business is to understand, manage and carry risk. The risk management process in insurance spans a continuum of activity: from identifying, assessing, preventing and reducing risk, to pricing, carrying and diversifying risk. As risk managers, insurers help communities understand, prevent and reduce risk through risk research and analytics, catastrophe risk models, and loss prevention. Insurers also advocate proper land-use planning, zoning and building codes, manmade and ecosystem-based disaster risk reduction measures, healthy lifestyles, and disaster preparedness. This session will cover the following topics: The importance of risk assessment tools, models and analytics and how they could be used by cities; Key findings of research by the insurance industry on how cities, SMEs and communities are addressing climate and disaster risk; Insurance industry partnerships and initiatives with cities that promote climate change adaptation and mitigation, disaster risk reduction, and a culture of prevention. Panelists Robert Muir-Wood, Chief Research Officer, Risk Management Solutions Lucia Rückner, Senior Corporate Responsibility Consultant, Munich RE Group Matthias Range, Head, Advancing Climate Risk Insurance Plus, GIZ Guro Sørnes Kjerschow, Special Advisor Climate Change Adaptation, City of Oslo, Norway John Schneider, Secretary-General, GEM Foundation (Global Earthquake Model), Pavia, Italy (tbc) Page 2 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

3 Session D5: Closing the insurance protection gap: Insuring cities Time: 11:00-12:30 Contact: Butch Bacani and Evgenia Mitroliou Room: S Sustainable Insurance and ICLEI As risk carriers, insurers protect households, businesses and governments by absorbing financial shocks due to risks such as cyclones, floods, droughts, earthquakes, accidents and illnesses. Insurance pricing also provides risk signals and rewards risk reduction efforts. Insurance solutions for renewable energy, energy efficiency, green buildings, and usage-based insurance for vehicles promote the transition to green cities and economies. This session will cover the following topics: Examples of insurance solutions at the micro/household, local, national and regional levels, including lessons learned and innovations; Challenges and opportunities to scale up insurance for low-income communities, SMEs and cities; Insurance solutions for low-emission infrastructure, technologies and transportation. Panelists Lykke Leonardsen, Program Director, City of Copenhagen, Denmark Jens Christian Riise, Market Director, Climate Adaptation, Rambøll Daniel Stadtmüller, Senior Manager Origination, Capital Management Solutions, Munich RE Group Koko Warner, Manager, Impacts, Vulnerabilities and Risks Subprogramme, Adaptation Programme, United Nations Framework Convention on Climate Change (UNFCCC) (tbc) Antonio Casimiro, Deputy Chief of Party for Programs (DCOP), USAID-Coastal City Adaptation Project (CCAP), Maputo, Mozambique (tbc) Page 3 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

4 Session E5: Closing the financing gap: Investing in cities Time: 14:30-16:00 Contact: Butch Bacani and Evgenia Mitroliou Room: S Sustainable Insurance and ICLEI Insurers are major institutional investors with more than USD 30 trillion in global assets under management. Investments in renewable energy, green buildings, low-emission transportation, sustainable water management, sustainable agriculture, and climate and disaster-resilient infrastructure promote sustainable development. This session will discuss the following: How insurers are promoting climate and disaster-resilient, low-emission and resource-efficient cities in their investments; Challenges and opportunities associated with green bonds, catastrophe and resilience bonds, and other innovations; The investment implications of Nationally-Determined Contributions (NDCs) under the Paris Agreement on Climate Change or national climate action plans to achieve low-emission and climate-resilient development. Panelists invited Verena Treber, Project Manager, Allianz Climate Solutions GmbH, Munich, Germany Kobie Brand, Regional Director, ICLEI Africa, Cape Town, South Africa Andrew Leonard Mua, Mayor, Honiara City Council, Solomon Islands Louis Downing, Director Standard Development, Global Infrastructure Basel Foundation, Basel, Switzerland (tbc) Daniel Stadtmüller, Senior Manager Origination, Capital Management Solutions, Munich RE Group (tbc) Page 4 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

5 Session F5: Shaping a resilient and sustainable urban future: The insurance industry and cities agenda going forward Time: 16:30-18:00 Contact: Butch Bacani and Evgenia Mitroliou Room: S psi@unepfi.org Sustainable Insurance and ICLEI This session will summarize the key outcomes of the disaster risk reduction, insurance and investment sessions of the Summit to help shape the insurance industry and cities agenda going forward. In this context, it will also discuss: Opportunities in the context of the intergovernmental initiatives such as the G7 Climate Risk Insurance (InsuResilience), Vulnerable Twenty Group of Ministers of Finance (V20), UN Environment s Sustainable Insurance Forum for Supervisors, and the UN Framework Convention on Climate Change (UNFCCC) Clearinghouse for Risk Transfer; Next key steps on how the insurance industry and cities can work together and raise ambition in shaping a resilient and sustainable urban future, in line with the aims of the UN s 2030 Sustainable Development Goals, Paris Agreement on Climate Change, Sendai Framework for Disaster Risk Reduction, and the New Urban Agenda. Panelists invited Astrid Zwick, Head, G7 InsuResilience Nazhat Shameem Khan, Ambassador, Permanent Mission of Fiji to the UN and other international organizations in Geneva (tbc) Jed Patrick Mabilog, Mayor, City of Iloilo, Philippines Youssef Nassef, Director, Adaptation Programme, UN Framework Convention on Climate Change (UNFCCC) Gino Van Begin, Secretary General, ICLEI Page 5 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

6 Dinner event: Climate risk insurance, cities and the G7 InsuResilience Time: 19:00-21:00 Contact: Astrid Zwick, Butch Bacani and Evgenia Mitroliou Organised by: G7 InsuResilience, UN Environment s Principles for Sustainable Insurance and ICLEI By invitation only. Page 6 of 6 - Resilient Cities Congress Secretariat, ICLEI, World Secretariat, Bonn, Germany, Phone: / ,

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