Insurance

Climate change is aggravating the intensity and frequency of natural disaster worldwide. Is your city ready to cope with the risk? Can that risk be transferred?

Climate risks and cities – from break down to break through: What city managers ought to know about climate risk transfer solutions (Session H2)

The Integrated climate risk management (ICRM) is a holistic risk management framework proposed by GIZ, which consists in incorporating risk transfer solutions into disaster risk management and climate adaptation efforts. City managers are able to (1) access timely finance after a disastrous event, and (2) reduce dependence on international emergency funds enabling quick action.

Climate risks and cities – from break down to break through: What city managers ought to know about climate risk transfer solutions workshop (Session I2)

The workshop aims at turning the knowledge into a roadmap, reflecting the current stage of cities in terms of climate risk management plans, their needs to escalate those plans, their commitments to reach that goal, the tools and solutions that the insurance sector can deliver.

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