A methodological framework to operationalize Climate Risk Management: Managing sovereign climate-related extreme event risk in Austria
|
|
- Samson Casey
- 5 years ago
- Views:
Transcription
1 A methodological framework to operationalize Climate Risk Management: Managing sovereign climate-related extreme event risk in Austria Thomas Schinko 1,2, Reinhard Mechler 1,3, Stefan Hochrainer-Stigler 1 1 International Institute for Applied Systems Analysis (IIASA) 2 Wegener Center for Climate and Global Change, University of Graz 3 Vienna University of Economics and Business Dieses Projekt wird aus Mitteln des Klima- und Energiefonds gefördert und im Rahmen des Programms ACRP durchgeführt. 1
2 Background & Objective Rising losses from extreme events comprehensively address climate-related risk Linking Adaptation & disaster risk management (DRM) climate risk management (CRM) Gaps remain in terms of operationalizing CRM with applicable methods and tools for specific risks and decision-contexts 2
3 Objective Identify key lessons in the literature on CRM Apply them in an empirical context to evaluate their usefulness for informing policy and practice Develop a methodological approach to CRM in the decision context of public sector climate-related risk Apply & test this approach for flood risk in Austria Based on these insights: generate a generic iterative framework that can be used for applying CRM in a wide range of decision contexts 3
4 Building blocks of sovereign CRM Shift towards pro-active policy to manage disaster risks Dealing with government risk in the balance sheets Risk in the climate change discourse: from burning embers towards calculated risk Managing risk and fostering learning for dealing with uncertainty 4
5 Methods for dealing with risk & uncertainty Consequences Probabilities Known Unknown Known Risk Ambiguity (subjective risk) Unknown Uncertainty Ignorance (deep uncertainty) Source: Schinko et al. (2016)
6 Research approach 1.) Short-term risk management - addressing the existing adaptation deficit 2.) Short to medium-term risk management addressing early trends and exacerbating & new risks Methods: Literature review on current risk management and adaptation practices Budget analysis Interviews with DRM and budget experts, policy makers Financial & economic risk-based analysis with IIASA s CATSIM framewirk Stakeholder Workshop (June, 2015; September, 2016) 6
7 1.) Short term risk management Coping with impacts of recent events Addressing the existing adaptation deficit 7
8 Interviews & Workshop Current DRM practice in Austria is mainly focusing on the existing adaptation deficit resulting from current climate variability and weather extremes Climate change considerations are not explicitly included in planning Lack of scientific evidence: CC extreme floods damages High uncertainties of regional climate models Constant integration of new information 8
9 European design guidelines Source: Madsen et al. (2014) 9
10 Payments by the disaster fund (million EUR) Budgetary implications of flooding in AUT Austrian disaster fund's basic endowment Extraordinary allocations Source: Schinko et al. (2016)
11 2.) Short to medium-term risk management Measures to manage future impacts Addressing early trends and exacerbating & new risks 11
12 Modelling disaster risk and fiscal stress testing Source: Schinko et al. (2016): Adapted from Hochrainer-Stigler et al. (2013). 12
13 Losses and deposits (million EUR 2015) Projection of flood risks vs. catastrophe fund reserves expected losses disaster fund deposits Source: Schinko et al. (2016)
14 Flood Risk for Austria Fat tails : low probability, high impact AAL
15 ros 2015) Losses (bn Euros 2015) Iterative CRM and risk layering Implementation Monitoring Continuation Climate risk analysis 25 Evaluation Transformation 20 Monitoring 15 Absorption Implementation Continuation Evaluation Climate risk analysis 10 Insurance Transformation - 5 Risk prevention Source: Schinko et al. (2016)
16 Co-generating an Iterative CRM Framework Transforming Reframing - Climate signal - Hazards - Loss database - Instruments Reacting (1) Monitoring Building blocks - Risk prevention - Risk financing - Risk budgeting (4) Implementation (2) Climate risk analysis Climate risk modeling: New normal - new hazard & socioeconomic thresholds (3) Evaluation Fiscal stress testing according to risk layers Source: Schinko et al. (2016)
17 Conclusions DRM practice in Austria mainly focusing on current adaptation deficit Probabilistic modeling of future flood losses indicates potential fiscal stress Iterative CRM Periodically review & update climate change science, and act as new risks evolve Informing reflexive and participatory debate Informing instrumental debate Iterative CRM of relevance beyond Austria EUSF, Regional risk pools (Caribbean, Africa), Sendai Framework, Loss and Damage mechanism 18
18 Thank you for your attention. Open Access publication in Mitigation and Adaptation Strategies for Global Change: 19
A methodological framework to operationalize climate risk management: managing sovereign climate-related extreme event risk in Austria
DOI 10.1007/s11027-016-9713-0 ORIGINAL ARTICLE A methodological framework to operationalize climate risk management: managing sovereign climate-related extreme event risk in Austria Thomas Schinko 1,2
More informationOutline. Why resilience matters. The Triple Resilience Dividend concept, with: Delivering resilience insurance as a key driver?
ICCG Webinar Series on Disaster Risk Reduction The Triple Dividend of Resilience A New Business Case for Disaster Risk Management Swenja Surminski Grantham Research Institute on Climate Change and the
More informationOverview of the range of approaches to address the risks of loss and damage. Dr. Swenja Surminski UNFCCC SCF Forum, Manila, September 2016
Overview of the range of approaches to address the risks of loss and damage Dr. Swenja Surminski UNFCCC SCF Forum, Manila, September 2016 Outline Addressing loss and damage: typologies Reflection on existing
More informationHow insurance can support climate resilience
Accepted manuscript - 1 Embargoed till 24 March at 9am GMT (10:00 CET) How insurance can support climate resilience Swenja Surminski (Grantham Research Institute on Climate Change and the Environment at
More informationTypologies of Loss and Damage and Associated Actions
Typologies of Loss and Damage and Associated Actions Loss and Damage (L&D) has emerged as a key area in international climate policy, but there is some ambiguity surrounding its meaning and implications,
More informationThe ENHANCE project has received funding under the Seventh Framework Programme of the European Union under grant agreement No
Swenja Surminski, Jeroen Aerts, Wouter Botzen, Paul Hudson and Jaroslav Mysiak Insurance instruments and disaster resilience in Europe - insights from the ENHANCE project Monograph (Other) Published Original
More informationDISASTER RISK FINANCING ADB Operational Innovations in South Asia
DISASTER RISK FINANCING ADB Operational Innovations in South Asia Erik Kjaergaard, Disaster Risk Management Specialist South Asia Department with input from Mayumi Ozaki, Senior Portfolio Management Specialist
More informationinclude cost-effectiveness analysis (CEA), multi-criteria analysis (MCA) and robust decision-making approaches (RDMA).
Risk Nexus Making communities : the role of cost-benefit analysis and other decision-support tools Many issues need to be considered when deciding how best to help protect a community from floods. In this
More informationSCF Forum, 5+6 September 2016, Manila. The odds and beauties of risk transfer schemes
SCF Forum, 5+6 September 2016, Manila The odds and beauties of risk transfer schemes MCII: What Do We Do? 1. Support policy making processes: UNFCCC, Sendai Framework, SDGs, IPCC, etc. 2. Research efficient
More informationANNOUNCEMENT. EXPERT MEETING DRR4NAP Integrating Disaster Risk Reduction into National Adaptation Plans November 2017 Bonn, Germany
ANNOUNCEMENT EXPERT MEETING DRR4NAP Integrating Disaster Risk Reduction into National Adaptation Plans 27-28 November 2017 Bonn, Germany Organized by the United Nations Office for Disaster Risk Reduction
More informationReview of Union des Comores. UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction
SCIENCE IS USED FOR DISASTER RISK REDUCTION Review of Union des Comores UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction February 2015 1 Please cite
More informationOasis being used in international/ community projects. Julie Calkins & Fred Hattermann & Future Danube Team
Oasis being used in international/ community projects Julie Calkins & Fred Hattermann & Future Danube Team 1 Why applying OASIS LMF in international projects? There is a growing demand for user oriented
More informationWeathering Climate Change through Climate Risk Transfer Solutions
The G20's role on climate risk insurance & pooling: Weathering Climate Change through Climate Risk Transfer Solutions With this document, the Munich Climate Insurance Initiative (MCII) provides suggestions
More informationDEFINING THE PROTECTION GAP. 1: Decide who /what should be protected:
DEFINING THE PROTECTION GAP Introduction In recent years, we ve seen a considerable increase in disasters, both in their frequency and severity. Overall economic losses from such disasters currently average
More informationIntergovernmental Panel on Climate Change (IPCC) Special Report
Intergovernmental Panel on Climate Change (IPCC) Special Report "Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation (SREX)" Matilde Rusticucci Universidad de Buenos
More informationOptimal timing, cost benefit analysis, stochastic analysis, real options, deep uncertainty and climate change
Optimal timing, cost benefit analysis, stochastic analysis, real options, deep uncertainty and climate change Ekko van Ierland Wageningen University with contributions of Thomas van der Pol Introduction
More informationClimate Risk Management For A Resilient Asia-pacific Dr Cinzia Losenno Senior Climate Change Specialist Asian Development Bank
Climate Risk Management For A Resilient Asia-pacific Dr Cinzia Losenno Senior Climate Change Specialist Asian Development Bank APAN Training Workshop Climate Risk Management in Planning and Investment
More informationDisaster Risk Reduction
1 Disaster Risk Reduction for Climate Resilience Luna Abu-Swaireh United Nations Office for Disaster Risk Reduction (UNISDR) abu-swaireh@un.org www.preventionweb.net Disaster and extreme weather trends
More informationApplying recent insights from climate risk management to operationalize the Loss and Damage Mechanism
Applying recent insights from climate risk management to operationalize the Loss and Damage Mechanism Thomas Schinko 1,2,*, Reinhard Mechler 1,3 Final author version of: Schinko, T. and Mechler, R. (2017).
More informationAdaptation Committee: Workshop on the means of implementation for enhanced adaptation action. 2-4 March 2015 Wissenschaftszentrum, Bonn
Adaptation Committee: Workshop on the means of implementation for enhanced adaptation action 2-4 March 2015 Wissenschaftszentrum, Bonn The way disaster response in Africa has worked for over 60 years Household
More informationAustrian Climate Change Workshop Summary Report The Way forward on Climate and Sustainable Finance
Austrian Climate Change Workshop 2018 - Summary Report The Way forward on Climate and Sustainable Finance In close cooperation with the Austrian Federal Ministry of Sustainability and Tourism, Kommunalkredit
More informationReview of Madagascar. UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction
Review of Madagascar UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction February 2015 Please cite this paper as: UNISDR Working Papers on Public Investment
More informationOVERVIEW. Linking disaster risk reduction and climate change adaptation. Disaster reduction - trends Trends in economic impact of disasters
Linking disaster risk reduction and climate change adaptation Inter-Agency Secretariat for the International Strategy for Disaster Reduction (UNISDR) A. Trends OVERVIEW B. Disaster reduction a tool for
More informationDisaster Risk Management
Disaster Risk Management Managing The Impacts of Extreme Weather and Climate Events Workshop on Climate Change and Disaster Risk Management in Planning and Investment Projects Session 8: Climate Change
More informationprovide insight into progress in each of these domains.
Towards the Post 2015 Framework for Disaster Risk Reduction Indicators of success: a new system of indicators to measure progress in disaster risk management 21 November 2013 A. Background The Third World
More informationREQUEST FOR EXPRESSIONS OF INTEREST
REQUEST FOR EXPRESSIONS OF INTEREST Disaster Risk Assessment (DRA) Specialist- Individual consultancy assignment (Ref. No. ICPAC/18/ICS/04) Organization: IGAD Climate Predictions and Applications Center
More informationNorway 11. November 2013
Institutional arrangements under the UNFCCC for approaches to address loss and damage associated with climate change impacts in developing countries that are particularly vulnerable to the adverse effects
More informationRISK MANAGEMENT STRATEGIES FOR MANAGING NATURAL DISASTER RISKS: A CASE STUDY IN SHIRAZ CITY, IRAN
10NCEE Tenth U.S. National Conference on Earthquake Engineering Frontiers of Earthquake Engineering July 21-25, 2014 Anchorage, Alaska RISK MANAGEMENT STRATEGIES FOR MANAGING NATURAL DISASTER RISKS: A
More informationFinancing Strategies for Disaster Risk Management in the Caribbean
Financing Strategies for Disaster Risk Management in the Caribbean 1 BY Jason Alexander, M.Sc. Senior Researcher Cipriani College of Labour and Co-operative Studies (CCLCS) Valsayn, Trinidad and Tobago
More informationThe Country Risk Manager as Chief Risk Officer for the Government. Swiss Re, 3 June 2014
The Country Risk Manager as Chief Risk Officer for the Government Swiss Re, 3 June 2014 Agenda Risk management fundamentals across private and public sectors Swiss Re's risk management process as an example
More informationSECTOR ASSESSMENT (SUMMARY): FINANCE (DISASTER RISK MANAGEMENT) 1. Sector Performance, Problems, and Opportunities
National Disaster Risk Management Fund (RRP PAK 50316) SECTOR ASSESSMENT (SUMMARY): FINANCE (DISASTER RISK MANAGEMENT) A. Sector Road Map 1. Sector Performance, Problems, and Opportunities a. Performance
More informationDisaster Risk Management and Fiscal Policy
Policy Research Working Paper 7635 Public Disclosure Authorized Public Disclosure Authorized The Triple Dividend of Resilience Background Paper Disaster Risk Management and Fiscal Policy Narratives, Tools,
More informationReview of Zanzibar. UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction
SCIENCE IS USED FOR DISASTER RISK REION Review of Zanzibar UNISDR Working Papers on Public Investment Planning and Financing Strategy for Disaster Risk Reduction February 2015 Please cite this paper as:
More informationDisaster risk reduction and climate change adaptation suggested reading list
Workshop on integrating practices, tools and systems for climate risk assessment and management and disaster risk reduction strategies into national policies and programmes The UNFCCC workshop will be
More informationThe Bonn-Marrakech Agreements on Funding
Climate Policy 2(2002) 243-246 The Bonn-Marrakech Agreements on Funding Saleemul Huq The third assessment report of the Intergovernmental Panel on Climate Change (IPCC) has highlighted the enhanced vulnerability
More informationBuilding an evidence base on the role of insurance-based mechanisms in promoting climate resilience
Building an evidence base on the role of insurance-based mechanisms in promoting climate resilience Report prepared for PPCR side event 10th November 2015 2 This work is a product of the Climate Investment
More informationInsuring Climate Change-related Risks
Insuring Climate Change-related Risks 19 February 2016 Austrian Climate Change Workshop Day 2 Tobias Grimm Senior Project Manager Corporate Climate Centre Climate & Renewables Munich Re some facts About
More informationInsurers as Data Providers. Raising Awareness of Changing Risks. What can Insurers Contribute to Increase Resilience Against Weather Extremes?
What can Insurers Contribute to Increase Resilience Against Weather Extremes? Prof. Dr. Peter Hoeppe, Head Geo Risks Research/Corporate Climate Centre, Munich Re 5 th European Communications Workshop for
More informationCaribbean Development Bank / Inter-American Development Bank Joint Initiative on Mainstreaming Disaster Risk Management
Caribbean Development Bank / Inter-American Development Bank Joint Initiative on Mainstreaming Disaster Risk Management REPORT ON THE TECHNICAL WORKSHOP ON THE MANAGEMENT OF DISASTER RISK THROUGH FISCAL
More information2017 EFDRR Open Forum Istanbul, Turkey March Concept Note of Technical Session. Monday, 27 March 2017, 16:00 18:00 hrs
FINAL 2017 EFDRR Open Forum Istanbul, Turkey 26-28 March 2017 Concept Note of Technical Session Event title Technical Session 4: Risk Assessment and Disaster Loss Database in support of monitoring of the
More informationFINAL CONSULTATION DOCUMENT May CONCEPT NOTE Shaping the InsuResilience Global Partnership
FINAL CONSULTATION DOCUMENT May 2018 CONCEPT NOTE Shaping the InsuResilience Global Partnership 1 Contents Executive Summary... 3 1. The case for the InsuResilience Global Partnership... 5 2. Vision and
More informationInformation Sharing Event on Work Program for Loss and Damage
Information Sharing Event on Work Program for Loss and Damage Contribution from the World Bank Kanta Kumari Rigaud Lead Adaptation & PPCR Coordinator World Bank June 7, 2011 Bonn World Bank Approach to
More informationSession 4 Status of Climate Finance in the Philippines
Session 4 Status of Climate Finance in the Philippines Workshop on Corruption Risks and Anti- Corruption Strategies in Climate Finance Manila, Philippines 25 to 27 May 2015 Summary of Day 1 2 Session objective
More informationDisaster Management The
Disaster Management The UKRAINIAN Agricultural AGRICULTURAL Dimension WEATHER Global Facility for RISK Disaster MANAGEMENT Recovery and Reduction Seminar Series February 20, 2007 WORLD BANK COMMODITY RISK
More informationFCCC/TP/2012/1. United Nations
United Nations FCCC/TP/2012/1 Distr.: General 10 May 2012 English only Current knowledge on relevant methodologies and data requirements as well as lessons learned and gaps identified at different levels,
More informationPerformance-Based Engineering and Resilience Management for Your Risk Control Program
Performance-Based Engineering and Resilience Management for Your Risk Control Program Speakers: (RIC010) Jamie Bloom - Insurance Manager, Sonoma County, California Evan Reis - Co-founder, US Resiliency
More informationLoss and Damage Associated with Climate Change Impacts The (possible) role of Disaster Risk Financing and Insurance
UNFCC regional expert meeting on loss and damage August 27 29, 2012 Bangkok, Thailand Loss and Damage Associated with Climate Change Impacts The (possible) role of Disaster Risk Financing and Insurance
More informationInsurance Industry solutions for disaster risk financing. 22 th October 2013 Michael Spranger
Insurance Industry solutions for disaster risk financing 22 th October 2013 Michael Spranger A reminder - Asian EQ hazard Aon Benfield APAC Proprietary & Confidential 1 Seismicity and EQ hazard map Philippines
More informationINTEGRATING DISASTER RISK MANAGEMENT AND CLIMATE CHANGE LAW IN LAO PDR
INTEGRATING DISASTER RISK MANAGEMENT AND CLIMATE CHANGE LAW IN LAO PDR National Workshop on Disaster and Climate Change Law For Lao PDR Don Chan Palace, Vientiane Wednesday, 29 th July, 2015 P R E S E
More informationThe EU Reference Budgets Network pilot project
The EU Reference Budgets Network pilot project Towards a method for comparable reference budgets for EU purposes Summary We develop reference budgets that represent the minimum resources that persons need
More informationSOVEREIGN CATASTROPHE RISK POOLS A Brief for Policy Makers 1
SOVEREIGN CATASTROPHE RISK POOLS A Brief for Policy Makers 1 More than 1 billion people have lifted themselves out of poverty in the past 15 years, but climate and disaster risks threaten these achievements.
More informationMainstreaming Health into National Action plans of Climate Change Adaptation and Disaster Risk Reduction
Mainstreaming Health into National Action plans of Climate Change Adaptation and Disaster Risk Reduction People-centred, all-hazards, and multi-sectoral approach- One Health Chadia Wannous Towards a Safer
More informationInternational Agricultural and Natural Catastrophe Insurance Forum. Experience by GIZ Matthias Range
International Agricultural and Natural Catastrophe Insurance Forum Experience by GIZ Rüschlikon, Switzerland, October 2016 Seite 1 Agenda GIZ GIZ and Financial Systems Development GIZ and Agricultural
More informationCatastrophe Risk Pooling Mechanism: CCRIF
Catastrophe Risk Pooling Mechanism: CCRIF Simon Young CEO, Caribbean Risk Managers Ltd Facility Supervisor, CCRIF Seminar on Disaster Risk Financing Mechanisms for the Mexican States Mexico City, 1 December
More informationRole of Disaster Insurance in Improving Resilience: An Expert Meeting The Resilient America Roundtable. Introduction to the Workshop
Role of Disaster Insurance in Improving Resilience: An Expert Meeting The Resilient America Roundtable Introduction to the Workshop Howard Kunreuther kunreuth@wharton.upenn.edu National Academy of Sciences
More informationInsurance-Related Mechanisms for SIDS
UNFCCC Expert Meeting on Adaptation for Small Island Developing States Insurance-Related Mechanisms for SIDS M. J. Mace Federated States of Micronesia 26-28 February 2007 Rarotonga, Cook Islands Introduction
More informationCONCEPT NOTE (DRAFT)
2015 MEETING OF THE WMO DISASTER RISK REDUCTION USER-INTERFACE EXPERT ADVISORY GROUP ON HAZARD AND RISK ANALYSIS (WMO DRR UI-EAG HRA) 15-17 December 2015 WMO Headquarters Geneva, Switzerland Room: Salle
More informationBackground paper. Swenja Surminski, Ana Lopez, Joern Birkmann, Torsten Welle
Current knowledge on relevant methodologies and data requirements as well as lessons learned and gaps identified at different levels, in assessing the risk of loss and damage associated with the adverse
More informationBackground briefing: Urban resilience and insurance
6 Resilient cities: a toolkit for insurers to identify the business case Extract from: www.cisl.cam.ac.uk/resilient-cities-toolkit Background briefing: Urban resilience and insurance Introduction ClimateWise,
More informationDeveloping a Disaster Insurance Framework for Pakistan
Developing a Disaster Insurance Framework for Pakistan Fund Design Options RECURRING NATURAL HAZARDS ERODE RESILIENCE A NATIONAL DISASTER INSURANCE FUND TO SUPPORT VULNERABLE LOW-INCOME PEOPLE The people
More informationRegional trends on gender data collection and analysis
Sex-disaggregated data for the SDG indicators in Asia and the Pacific: What and how? Regional trends on gender data collection and analysis Rajesh Sharma UNDP Bangkok Regional Hub ISSUES (1) In the past,
More informationAdaptation for developing countries in a post-2012 UN Climate Regime
November 2009 WWF Global Climate Policy Position Paper Sandeep Chamling Rai WWF International Adaptation Policy Coordinator Mobile : +65 9829 1890 scrai@wwf.sg Adaptation for developing countries in a
More informationAssessing the Financial Vulnerability to Climate-Related Natural Hazards
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 5232 Background Paper to the 2010 World Development Report Assessing the Financial Vulnerability
More informationDisasters and Climate Change: Hazards of Nature or Risks from Development
Disasters and Climate Change: Hazards of Nature or Risks from Development Ajay Chhibber Director, Independent Evaluation Group World Bank Fourth Disasters and Development Seminar Tuesday, November 28,
More informationGovernment liabilities for disaster risk in industrialized countries: a case study of Australia
Environmental Hazards ISSN: 1747-7891 (Print) 1878-0059 (Online) Journal homepage: http://www.tandfonline.com/loi/tenh20 Government liabilities for disaster risk in industrialized countries: a case study
More informationDisaster Risk. Management. Niels Holm-Nielsen. Lead Specialist Disaster Risk Management
Disaster Risk Management Niels Holm-Nielsen Lead Specialist Disaster Risk Management 1 Who Cares? 1 tropical storm was the likely cause of 20% of the increase in poverty in Guatemala between 2006 and 2011
More informationRISK TRANSFER AND FINANCE EXPERIENCE IN THE CARIBBEAN. Orville Grey March 2016
RISK TRANSFER AND FINANCE EXPERIENCE IN THE CARIBBEAN Orville Grey March 2016 WHO WE ARE? WHER E WE ARE? WEATHER-RELATED LOSS & DAMAGE RISING Caribbean is vulnerable to weather related hazards e.g. drought,
More informationLoss and Damage at the UNFCCC
Loss and Damage at the UNFCCC Second conference on Climate Change and Development in Africa (CCDA-II) Addis Ababa 19-20 October 2012 Lawrence Flint, UNFCCC Framing History and mandates Work programme flow
More informationGlobal experiences on managing disaster risk - rethinking New Zealand's policy approach
Global experiences on managing disaster risk - rethinking New Zealand's policy approach Elizabeth Longworth 19 June 2017 Motu Public Policy Seminar 1 Managing disaster risk in NZ Exposure to natural hazards
More informationHave knowledge platforms helped in strengthening capacities of developing countries in sustainable development?
Have knowledge platforms helped in strengthening capacities of developing countries in sustainable development? Jane E. Rovins Executive Director Beijing, China 1 Overall Losses (1950-2011) (US$ bn) 300
More informationPRACTICAL APPROACHES TO FINANCING AND EXECUTING CLIMATE CHANGE ADAPTATION
PRACTICAL APPROACHES TO FINANCING AND EXECUTING CLIMATE CHANGE ADAPTATION HUMAYUN TAI MCKINSEY & COMPANY Executive Summary There is increasing consensus that climate change may slow worldwide economic
More informationClimate related risks to the financial sector A South African perspective
Climate related risks to the financial sector A South African perspective Evolving risks, Evolving responses 17 th Annual International Conference on Policy challenges for the financial sector Presenter:
More informationRationalle for the Sendai Framework for DRR Evidence from the 2009, 2011 and 2013 Global Assessment Report on DRR
Rationalle for the Sendai Framework for DRR Evidence from the 2009, 2011 and 2013 Global Assessment Report on DRR Good progress in Hyogo Framework for Action (HFA) implementation has been made, but more
More information9 11 October 2012, Bridgetown, Barbados Session summaries. (Rapporteurs)
UNFCCC expert meeting on a range of approaches to address loss and damage associated with the adverse effects of climate change, including impacts related to extreme weather and slow onset events for SIDS
More informationDisaster Risk Management in the Caribbean Case Study: Rapid Damage and Loss Assessment following the 2013 Disaster
Belize benefits from knowledge and experiences from the PPCR Disaster Risk Management in the Caribbean Case Study: Rapid Damage and Loss Assessment following the 2013 Disaster Photo Credit: http://gov.vc
More informationEAC Regional Policy Needs for Environmental Statistics
EAC Regional Policy Needs for Environmental Statistics Regional workshop on Environmental statistics 27 March, 2017 Arusha, Tanzania By Eng. Ladislaus Kyaruzi Email: kleonidas@eachq.org Overview Introduction
More informationACADEMIC PROGRAMME. Climate Change I: Implications for Developing Countries. Behavioural Economics: Decision- Making in Developing Countries
ACADEMIC PROGRAMME OVERVIEW THURSDAY, 6 OCTOBER 2016 Parallel Session 1 Climate Change I: Implications for Developing Countries Food Security & Commodity Prices Parallel Session 2 Behavioural Economics:
More informationRegulations on Severe Accident in Korea
IAEA Technical Meeting on the Verification and Validation of Severe Accident Management Guidelines December 12-14, 2016 IAEA Headquarters, Vienna, Austria Regulations on Severe Accident in Korea 2016.
More informationInsuResilience Solutions Fund (ISF) Transforming concepts into products
InsuResilience Solutions Fund (ISF) Transforming concepts into products The need for climate risk insurance solutions Increasing risks of natural disasters Increasing intensity and frequency of extreme
More information3. If yes, do this climate risk analyses faces particular challenges with the lack of knowledge, information and understanding of slow onset events?
Questionnaire for national entities 1. Is there a comprehensive or a partial climate risk analysis 1 conducted in your country? If no, please go to question XX 2. If yes, does the comprehensive climate
More informationTask 2: Strengthen the regional capacity and cooperation towards data and knowledge sharing on risks.)
LED BY UNISDR Task 1: Enhance the regional institutional capacity and coordination with respect to disaster risk reduction (DRR) and adaptation to climate change. Background: Building disaster prevention
More informationSuggested elements for the post-2015 framework for disaster risk reduction
United Nations General Assembly Distr.: General 16 June 2014 A/CONF.224/PC(I)/6 Original: English Third United Nations World Conference on Disaster Risk Reduction Preparatory Committee First session Geneva,
More informationCountry Risk Management Walter Bell March 16, 2011
Country Risk Management Walter Bell March 16, 2011 Global Risks Landscape 2011 5 Risk categories Economic (11) Geopolitical (9) Environmental (7) Societal (7) Technological (3) 37 Risks 6 Top risks Fiscal
More informationThe role of Exchanges in accelerating the growth of the Green Bonds Market: the South African case
The role of Exchanges in accelerating the growth of the Green Bonds Market: the South African case A Presentation to the Colloquium on Climate Finance (Townhouse Hotel, Cape Town) By: Shameela Soobramoney
More informationTowards a Post-2015 Framework for Disaster Risk Reduction
Towards a Post-2015 Framework for Disaster Risk Reduction Introduction 1. The Hyogo Framework for Action 2005-2015 (HFA) Building the Resilience of Nations and Communities to Disasters, is the inspiration
More informationPresentation to IRDR Conference 2011, Beijing G.A. McBean, Co-Convening Lead Author, Chapter 9 Case Studies
Intergovernmental Panel on Climate Change IPCC Special Report - Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation - IPCC - SREX Presentation to IRDR Conference 2011,
More informationSTUDY VISIT TO ITALY FOR BULGARIAN LIFE PROGRAMME OFFICIALS
Rome 26 th July 2017 STUDY VISIT TO ITALY FOR BULGARIAN LIFE PROGRAMME OFFICIALS 2 Why DERRIS? 7 millions Italians lives in areas exposed to high floods and landslides risks. In 77% cases there are homes
More informationThere is no linear, straight line that the development of Boston took from the time of the Pilgrims to now.
Close your eyes There is no linear, straight line that the development of Boston took from the time of the Pilgrims to now. Sustainability Sustainable development is a moving target. It represents a continuous
More informationAll-Hazards Homeowners Insurance: A Possibility for the United States?
All-Hazards Homeowners Insurance: A Possibility for the United States? Howard Kunreuther Key Points In the United States, standard homeowners insurance policies do not include coverage for earthquakes
More informationPublic Sector Financial Vulnerability to Disasters. The IIASA CATSIM Model
Public Sector Financial Vulnerability to Disasters The IIASA CATSIM Model R. Mechler, S. Hochrainer, J. Linnerooth-Bayer, G. Pflug In Measuring Vulnerability to Natural Hazards: Towards Disaster Resilient
More informationUNFCCC Expert Meeting on Loss and Damage from Climate Change
UNFCCC Expert Meeting on Loss and Damage from Climate Change Asia Regional Workshop Bangkok, Thailand 27 29 August 2012 Session 4 Approaches to Address Loss and Damage at National Level Charles Rodgers
More information1. Rural Low-Income Households Suffering from the Overwhelming Cost of House Restoration Caused by Flood Damage
2011 International Conference on Innovation, Management and Service IPEDR vol.14(2011) (2011) IACSIT Press, Singapore Increasing Financial Capacity in Disaster Risk Management of the Rural-Low Income through
More informationDisaster Risk Management in Nepalese Development Plans
Learning Workshop on Disaster Risk Management in Nepal GoN, Ministry of Home Affairs, NASC and UNDP 24-25 December 2015 Disaster Risk Management in Nepalese Development Plans Rabi S. Sainju 1 Presentation
More informationClimate Change and The Built Environment
Climate Change and The Built Environment Committee on the Effect of Climate Change on Indoor Air Quality and Public Health June 7, 2010 Frank Nutter, President Reinsurance Association of America Flooding
More informationWFP Climate Change Policy One Year On an Update on Programmes, Knowledge and Partnerships
WFP Climate Change Policy One Year On an Update on Programmes, Knowledge and Partnerships 14:00-14:10: Welcome (Valerie Guarnieri, Assistant Executive Director) 14:10-14:30: Climate mainstreaming in WFP
More informationWater Climate Bond Standard. Frequently Asked Questions (FAQ) October 2016
1 Water Climate Bond Standard Frequently Asked Questions (FAQ) October 2016 1) What is a bond? Bonds are a debt instrument or type of loan or IOU that governments, companies and other entities issue to
More informationRAB comments to the Green paper on disaster insurance. Our reference: RAB Date: 15 July 2013
Position Paper RAB comments to the Green paper on disaster insurance Our reference: RAB-13-016 Date: 15 July 2013 Referring to: Related documents: Contact person: François Vilnet E-mail: francois.vilnet@partnerre.com
More informationTaking stock of the existing financial instruments that address the risks of loss & damage across different levels & sectors 5 September 2016
CURRENT SPECTRUM & STRUCTURE OF FINANCIAL INSTRUMENTS TO ADDRESS THE RISKS OF LOSS & DAMAGE Taking stock of the existing financial instruments that address the risks of loss & damage across different levels
More informationInvestment and investment finance the Austrian case OeNB EIB workshop in Vienna,
Investment and investment finance the Austrian case OeNB EIB workshop in Vienna, 20.03.2017 Road ahead how to enhance investment in Austria The EIB in Austria Flavia Palanza, Director EIB Operations Directorate
More informationGROUNDING RISK REDUCTION STRATEGIES IN RISK ASSESSMENTS
GROUNDING RISK REDUCTION STRATEGIES IN RISK ASSESSMENTS Technical Workshop Launch of Sendai Framework Monitoring System December 6-8, Bonn, Germany United Nations Office for Disaster Risk Reduction (UNISDR)
More information