SC 10.3 Options and opportunities for the loss and damage mechanism: understanding the roles of risk management,
finance and climate justice

Tuesday 10 May, 13.30 – 15.15, Leeuwen Room I

COP 21 in Paris gave formal recognition to the Warsaw Loss and Damage Mechanism (WIM) and established the WIM as a separate field of negotiation in addition, not under adaptation. There is currently very little understanding of the role and potential of the WIM. This session aims to advance debate in science and policy by presenting state-of-the-art research on extreme events attribution and loss projections; the framing of loss and damage; the potential of climate risk management; and innovative options in negotiations.

Organised by Reinhard Mechler, Thomas Schinko, International Institute for Applied Systems Analysis (IIASA) / Vienna University of Economics and Business/ University of Graz, Austria
Laurens Bouwer, Deltares, the Netherlands
Swenja Surminski, London School of Economics (LSE), United Kingdom
Rachel James, University of Oxford, United Kingdom
Chair Reinhard Mechler, International Institute for Applied Systems Analysis (IIASA), Austria
Rapporteur Thomas Schinko, Austria International Institute for Applied Systems Analysis (IIASA), Austria
Presentations

Trends and projections of weather impacts: attribution relevant to the Loss & Damage Mechanism
Laurens Bouwer, Deltares, the Netherlands

Perceptions of loss and damage from a range of stakeholders: implications for science and policy
Rachel James, University of Oxford, United Kingdom

A (physical) science perspective of the risk of Loss and Damage: implications for decision making
Swenja Surminski, Ana Lopez, London School of Economics (LSE), United Kingdom

A climate risk management approach for the Warsaw Loss & Damage Mechanism
Reinhard Mechler, Thomas Schinko, International Institute for Applied Systems Analysis (IIASA) / Vienna University of Economics and Business/ University of Graz, Austria

Discussion: Innovative perspectives on Loss and Damage

HOSTS OF THE CONFERENCE