Discover how CDRFI solutions are being integrated into countries' efforts to formulate and implement NAPs–as well as the missed opportunities.

1. Opportunities for Strengthening
Resilience by Integrating Climate
and Disaster Risk Finance and
Insurance (CDRFI) in
National Adaptation Plan (NAP)
Processes
Report Launch
September 1, 2021
Photo: Denis Onyod, IFRC/DRK/Climate

2. Welcome to this virtual report launch
This meeting will be 75 minutes
long
Please put your name and organization
in the chat box to introduce yourself
Today’s discussions will be
recorded. Video and slides will be
shared publicly after the event.
Housekeeping details

3. WELCOME REMARKS
ANNE HAMMILL
Senior Director, IISD
Resilience Program,
NAP Global Network
Secretariat
ASTRID ZWICK
Head of InsuResilience
Global Partnership
Secretariat

4. Questions for our audience!

5. Questions for our audience!

6. Opportunities for Strengthening
Resilience by Integrating Climate
and Disaster Risk Finance and
Insurance (CDRFI) in
National Adaptation Plan (NAP)
Processes
Report Launch
September 1, 2021
Photo: Denis Onyod, IFRC/DRK/Climate

7. Why look at CDRFI in NAP
processes?
CDRFI can play an essential
role in climate change
adaptation
• These solutions can enable
governments, business and
individuals to protect their financial
security in the event of shocks
• Climate and disaster risk analytics
can inform decision making and
incentivize risk management
NAP processes are an
essential mechanism for
advancing adaptation
• NAP processes will guide
investments in adaptation by
governments, the private sector, and
development partners
• They can help to quickly and
effectively scale up CDRFI solutions
Photo: Kadir van Lohuizen / NOOR

8. Entry points for CDRFI in the NAP process

9. Methodology for the analysis
• Based on review of two types of documents:
• NAP documents submitted to the UNFCCC (21 as of March
2021)
• NAP readiness proposals to the Green Climate Fund (52
that were approved and available on the GCF website)
• Systematic review using word searches and review of key
sections
• Focused on identifying trends in use of climate and
disaster risk analytics and incorporation of CDRFI
solutions

10. Key Findings
The cost of climate and
disaster risks is a factor
driving adaptation in
many countries.
Photo: Kadir van Lohuizen

11. Key Findings
Insurance is the most
identified CDRFI solution
in NAP documents.

12. Key Findings
Some countries recognize
the value of social
protection for adaptation.
Photo: Neil Palmer/CIAT

13. Key Findings
Improvement of data
generation, management,
and analysis is a priority
in many countries.

14. Recommendations for NAP teams
Establish dialogue among adaptation actors, ministries
of finance, and private sector CDRFI providers to
identify mutual objectives and potential solutions.
Engage with CDRFI providers to support application
of risk analytics in decision making.
Further explore how NAP processes can scale up
adaptive social protection.
Focus on ensuring equitable benefits from CDRFI
solutions for all genders and social groups.
Photo: Denis Onyodi IFRC/DRK/Climate Centre

15. Recommendations for international
actors
Raise awareness of the
potential of CDRFI solutions
for adaptation to climate
change.
Photo caption
Synthesize evidence and
facilitate learning across
countries on the ways in
which insurance can
facilitate adaptation to
climate change.
Promote strategic
investments in CDRFI in
climate-vulnerable
countries.

16. "The key message that emerges
from the document review is one of
opportunities – there are entry
points to integrate CDRFI
throughout the NAP process, and
many countries have created
openings for this though specific
adaptation actions, mechanisms for
collaboration … and efforts to better
use data for decision making.

17. Thank You

18. PANEL DISCUSSION
TREVOR THOMPSON
Acting Chief Agriculture
Officer, Ministry of
Agriculture and Lands,
Government of Grenada
KAREN PHILIP
Development Specialist
Caribbean Policy
Development Centre
JAN KELLETT
Special Advisor,
UNDP Corporate Global
Practice for Insurance and
Risk Finance
MODERATED BY: DANIEL STADTMUELLER
Team Lead, InsuResilience Secretariat
VIKTORIA SEIFERT
Manager, Disaster Risk
Finance & Policy,
Munich Climate Insurance
Initiative (MCII)
ANGIE DAZÉ
Senior Policy Advisor
and Gender Equality
Lead,
NAP Global Network

19. Questions for our audience!

20. Download the report at
bit.ly/cdrfi-nap
Stay in touch!
InsuResilience Global Partnership
Email: secretariat@insuresilience.org
Website: insuresilience.org
NAP Global Network
Email: info@napglobalnetwork.org
Website: napglobalnetwork.org