SP 6.2 Climate risk management: adapting to climate change and reducing disaster risks through integrated risk transfer solutions

 Thursday 12 May, 11.00 – 12.45, Penn Room II

Risk transfer such as insurance solutions play an important role in adaptation to climate change, as suggested in the UNFCCC Paris Agreement, the Kyoto Protocol and the recent G7 Summit. The session will present first results and strategies from three different country contexts on insurance solutions in the context of integrated climate risk management. Participants will learn about how insurance can complement national / regional strategies and get insights into recent research efforts of insurance on low-income households facing extreme weather. The panel discussion shall reflect lessons learned and recommendations on the combination of risk management and insurance.

Organised by Kehinde Balogun, Munich Climate Insurance Initiative (MCII), Germany
Partners Gesellschaft für Internationale Zusammenarbeit (GIZ), Germany
Chairs Soenke Kreft, German Watch, Germany
Matthias Range, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Germany
Moderator Anke Rasper, Deutsche Welle, Germany
Rapporteur Kehinde Balogun, Munich Climate Insurance Initiative (MCII), Germany

Integrated risk management on droughts and floods with the African Risk Capacity (ARC) in Ghana
Charlotte Norman, NADMO Climate Change / Disaster Risk Reduction Department, Ghana

Climate risk adaptation and insurance in the Caribbean
Jordon Tait, GK General Insurance Company Ltd, Jamaica

Natcat relief safety net insurance program for farmers In Peru
Lourdes del Carpio, La Positiva Ltd., Peru (tbc)