Presented by Vicki Mullen, Vice President, Client Management ANZ at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
'The role of insurance and reinsurance in disaster risk management'UNDP Climate
Presented by David Simmons, Managing Director: Capital, Science and Policy Practice Willis Towers Watson at the Pacific Regional Dialogue on Financial Management of Climate Risk
(26-28 June 2017, Apia)
'Aims, experiences, performance and lessons learned from the Caribbean Catast...UNDP Climate
Presented by Isaac Anthony, Chief Executive Officer, CCRIF SPC at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
'Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) Progra...UNDP Climate
Presented by Iulai Lavea, CEO, Ministry of Finance, Samoa at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
‘An overview of the insurance sector in the Pacific and recent initiatives’ UNDP Climate
Presented by Michael Carr, Chartered Insurer Regional Inclusive Insurance Specialist, The Pacific Financial Inclusion Programme at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
'The role of insurance and reinsurance in disaster risk management'UNDP Climate
Presented by David Simmons, Managing Director: Capital, Science and Policy Practice Willis Towers Watson at the Pacific Regional Dialogue on Financial Management of Climate Risk
(26-28 June 2017, Apia)
'Aims, experiences, performance and lessons learned from the Caribbean Catast...UNDP Climate
Presented by Isaac Anthony, Chief Executive Officer, CCRIF SPC at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
'Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) Progra...UNDP Climate
Presented by Iulai Lavea, CEO, Ministry of Finance, Samoa at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
‘An overview of the insurance sector in the Pacific and recent initiatives’ UNDP Climate
Presented by Michael Carr, Chartered Insurer Regional Inclusive Insurance Specialist, The Pacific Financial Inclusion Programme at the Pacific Regional Dialogue on Financial Management of Climate Risk (26-28 June 2017, Apia)
During a seminar on Thursday, February 8, 2018, Isaac Anthony, CEO, CCRIF SPC updated staff of the Caribbean Development Bank (CDB) on the role of the Facility and its performance since inception. He shared some of the key strategies and instruments being pursued for expansion, which include extending insurance products during the 2018-2019 policy year to include drought as well as its on-going work with partners to develop products for the fisheries and agriculture sectors.
Following the particularly devastating 2017 Atlantic Hurricane Season, CCRIF SPC announced that payouts surpassed USD130 million (mn) since its inception. In 2017, CCRIF SPC made payments of approximately USD1.5 mn, which includes USD30.8 mn for Hurricane Irma and USD23.6 mn for Hurricane Maria. Countries which received payouts included: Anguilla, Antigua and Barbuda, The Bahamas, Dominica, Haiti and the Turks and Caicos Islands. Following a period of heavy rainfall between October 18 and 20 2017 Trinidad and Tobago received a payout of approximately USD7.1mn on its Excess Rainfall policy. Each payout was made within 14 days of the event.
In 2007, CCRIF SPC became the world’s first multi-country risk pool. Created to assist Caribbean governments with recovery efforts in the immediate aftermath of a disaster, the Facility opened membership to Central American countries in 2015. Now CCRIF SPC includes 16 Caribbean members and Nicaragua.
Click to view the presentation by CCRIF SPC's CEO.
'Financing climate change risks - increasing financial certainty in the face ...UNDP Climate
Presented by the Pacific Islands Forum Secretariat at the Pacific Regional Dialogue On Financial Management of Climate Risks, Apia, Samoa, 26 June 2017
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Michael Mullan & Takayoshi Kato (Secretariat, OECD)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Papa Zoumana Diarra (The African Risk Capacity Insurance Company Limited.)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Karsten Loeffler (Allianz Climate Solutions)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Jozias Blok, EC International Cooperation and Development
Developing Climate Resilient Flood and Flash Flood Management Practices to Protect Vulnerable Communities of Georgia - The Role of Risk Modelling in the Development of Flood Insurance Model in Georgia
Financial Innovations and Market Mechanisms for Coping with Climate ChangePrabhakar SVRK
For related article, please refer to the links below:
http://enviroscope.iges.or.jp/modules/envirolib/view.php?docid=1856
http://enviroscope.iges.or.jp/modules/envirolib/view.php?docid=1827
Dr. Michael Carter of UC Davis presented on the potential impacts of agricultural insurance on agricultural development & rural livelihoods at the Mobilizing a CGIAR Agricultural Insurance Community workshop in Washington, DC, 20-22 January 2014.
5th International Disaster and Risk Conference IDRC 2014 Integrative Risk Management - The role of science, technology & practice 24-28 August 2014 in Davos, Switzerland
6th International Disaster and Risk Conference IDRC 2016 Integrative Risk Management - Towards Resilient Cities. 28 August - 01 September 2016 in Davos, Switzerland
During a seminar on Thursday, February 8, 2018, Isaac Anthony, CEO, CCRIF SPC updated staff of the Caribbean Development Bank (CDB) on the role of the Facility and its performance since inception. He shared some of the key strategies and instruments being pursued for expansion, which include extending insurance products during the 2018-2019 policy year to include drought as well as its on-going work with partners to develop products for the fisheries and agriculture sectors.
Following the particularly devastating 2017 Atlantic Hurricane Season, CCRIF SPC announced that payouts surpassed USD130 million (mn) since its inception. In 2017, CCRIF SPC made payments of approximately USD1.5 mn, which includes USD30.8 mn for Hurricane Irma and USD23.6 mn for Hurricane Maria. Countries which received payouts included: Anguilla, Antigua and Barbuda, The Bahamas, Dominica, Haiti and the Turks and Caicos Islands. Following a period of heavy rainfall between October 18 and 20 2017 Trinidad and Tobago received a payout of approximately USD7.1mn on its Excess Rainfall policy. Each payout was made within 14 days of the event.
In 2007, CCRIF SPC became the world’s first multi-country risk pool. Created to assist Caribbean governments with recovery efforts in the immediate aftermath of a disaster, the Facility opened membership to Central American countries in 2015. Now CCRIF SPC includes 16 Caribbean members and Nicaragua.
Click to view the presentation by CCRIF SPC's CEO.
'Financing climate change risks - increasing financial certainty in the face ...UNDP Climate
Presented by the Pacific Islands Forum Secretariat at the Pacific Regional Dialogue On Financial Management of Climate Risks, Apia, Samoa, 26 June 2017
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Michael Mullan & Takayoshi Kato (Secretariat, OECD)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Papa Zoumana Diarra (The African Risk Capacity Insurance Company Limited.)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Karsten Loeffler (Allianz Climate Solutions)
Presentation on managing climate risk through ecosystem-based adaptation – linking urban and rural development planning by Jozias Blok, EC International Cooperation and Development
Developing Climate Resilient Flood and Flash Flood Management Practices to Protect Vulnerable Communities of Georgia - The Role of Risk Modelling in the Development of Flood Insurance Model in Georgia
Financial Innovations and Market Mechanisms for Coping with Climate ChangePrabhakar SVRK
For related article, please refer to the links below:
http://enviroscope.iges.or.jp/modules/envirolib/view.php?docid=1856
http://enviroscope.iges.or.jp/modules/envirolib/view.php?docid=1827
Dr. Michael Carter of UC Davis presented on the potential impacts of agricultural insurance on agricultural development & rural livelihoods at the Mobilizing a CGIAR Agricultural Insurance Community workshop in Washington, DC, 20-22 January 2014.
5th International Disaster and Risk Conference IDRC 2014 Integrative Risk Management - The role of science, technology & practice 24-28 August 2014 in Davos, Switzerland
6th International Disaster and Risk Conference IDRC 2016 Integrative Risk Management - Towards Resilient Cities. 28 August - 01 September 2016 in Davos, Switzerland
OECD World Bank Study on Contingent Liabilities: Boosting Fiscal Resilience t...OECD Governance
Key findinds from and OECD & World Bank Study on Contingent Liabilities, "Boosting Fiscal Resilience to Natural Disasters". For more information see: http://www.oecd.org/gov/fiscal-resilience-to-natural-disasters-27a4198a-en.htm
Flood Risk Management in Australia | Research reportNeil Dufty
Part of a comprehensive review of flood risk management in five mature economies, this report reveals many successes in the Australian system, including high-quality national and state guidelines and frameworks for FRM activities, climate change adaptation efforts, a commitment to building back better and high levels of insurance penetration. More work is needed, however, to minimise development in high-risk floodplains and redistribute FRM funding from response and recovery to mitigation, with more balance between fire-related hazards and flood.
Oasis Loss modelling framework has built up over the last 5 years a group of 43 (Re)Insurance companies and over 100 associate partners. There has been a focus on data and model interoperability and the needs of model developers to encourage a wider supply of insight from academia. This has all focused on the specific needs of one of the largest users of climate and risk data, the Insurance industry.
Since 2013, the European Urban Resilience Forum (https://urbanresilienceforum.eu) has offered a unique platform where city representatives and stakeholders from various local and regional institutions come together to exchange and discuss strategies and actions to adapt to climate change and build urban resilience. The slides have been in the session “Connecting up the dots between science, municipalities, insurance and climate risk assessment” organised byInsurance2020/OasisHub project
Resilient Cities, SMEs, Communities and Infrastructure Four Pioneering Projec...Global Risk Forum GRFDavos
6th International Disaster and Risk Conference IDRC 2016 Integrative Risk Management - Towards Resilient Cities. 28 August - 01 September 2016 in Davos, Switzerland
Resilient Cities, SMEs, Communities and Infrastructure Four Pioneering Projec...Global Risk Forum GRFDavos
6th International Disaster and Risk Conference IDRC 2016 Integrative Risk Management - Towards Resilient Cities. 28 August - 01 September 2016 in Davos, Switzerland
5th International Disaster and Risk Conference IDRC 2014 Integrative Risk Management - The role of science, technology & practice 24-28 August 2014 in Davos, Switzerland
5th International Disaster and Risk Conference IDRC 2014 Integrative Risk Management - The role of science, technology & practice 24-28 August 2014 in Davos, Switzerland
Partnering with ICCCAD, LUCCC, GRP, Climate-KIC, WRI
with support from Adaptation Fund, EU Commission and The GEF, @UNDP launched the #AdaptationInnovationMarketplace at the #Gobeshona conference to catalyze innovative climate solutions. Learn more about the platform.
September 2020 update on impact, finance, projects and reach of UNDP's climate change adaptation portfolio across it's signature solutions and emerging areas.
Coordinating NDCs and NAPs - Addressing agricultural resilience in long term ...UNDP Climate
The landscape of climate planning instruments available to countries under the UNFCCC process includes National Adaptation Plans (NAPs), Nationally Determined Contributions (NDCs) and Long Term Strategies (LTS). These instruments have emerged at different milestones such as the Cancun Adaptation Framework and the Paris Agreement and have specific characteristics and objectives which can contribute to and reinforce each other if leveraged effectively. Despite their very distinctive nature, these national instruments can be harnessed to scale up climate change adaptation by fostering linkages depending upon country context.
Addressing climate resilience in sectors and across sectors is a vital part of climate planning. Adaptation in agriculture is a crucial component of building resilient economies and societies and is national priority for a significant number of countries. It is well established that agricultural sectors are amongst the most climate sensitive. Over 90 percent of developing countries’ NDCs refer to agriculture as a major priority.
The juxtaposition of the range of climate planning instruments on one hand, and the sensitivity of agriculture on the other requires that all instruments be linked, sequenced and aligned appropriately by countries to best fit their national circumstances.
The webinar will draw upon country-level experiences from NAP-Ag partner countries to highlight entry points for alignment and strategies to trigger this conversation.
Webinar highlights
Unpacking the characteristics of NAPs, NDCs and LTS.
Exploring steps being taken by ministries of agriculture, ministries of environment, water and finance to leverage these instruments to scale up climate adaptation in agriculture.
Identifying what linkages are already being fostered between NAPs, NDCs and LTS and the key considerations in advancing climate change adaptation in agriculture.
NAP-Ag - Addressing agricultural resilience in long term climate planning ins...UNDP Climate
The landscape of climate planning instruments available to countries under the UNFCCC process includes National Adaptation Plans (NAPs), Nationally Determined Contributions (NDCs) and Long Term Strategies (LTS). These instruments have emerged at different milestones such as the Cancun Adaptation Framework and the Paris Agreement and have specific characteristics and objectives which can contribute to and reinforce each other if leveraged effectively. Despite their very distinctive nature, these national instruments can be harnessed to scale up climate change adaptation by fostering linkages depending upon country context.
Addressing climate resilience in sectors and across sectors is a vital part of climate planning. Adaptation in agriculture is a crucial component of building resilient economies and societies and is national priority for a significant number of countries. It is well established that agricultural sectors are amongst the most climate sensitive. Over 90 percent of developing countries’ NDCs refer to agriculture as a major priority.
The juxtaposition of the range of climate planning instruments on one hand, and the sensitivity of agriculture on the other requires that all instruments be linked, sequenced and aligned appropriately by countries to best fit their national circumstances.
The webinar will draw upon country-level experiences from NAP-Ag partner countries to highlight entry points for alignment and strategies to trigger this conversation.
Webinar highlights
Unpacking the characteristics of NAPs, NDCs and LTS.
Exploring steps being taken by ministries of agriculture, ministries of environment, water and finance to leverage these instruments to scale up climate adaptation in agriculture.
Identifying what linkages are already being fostered between NAPs, NDCs and LTS and the key considerations in advancing climate change adaptation in agriculture.
Uganda - Addressing agricultural resilience in long term climate planning ins...UNDP Climate
The landscape of climate planning instruments available to countries under the UNFCCC process includes National Adaptation Plans (NAPs), Nationally Determined Contributions (NDCs) and Long Term Strategies (LTS). These instruments have emerged at different milestones such as the Cancun Adaptation Framework and the Paris Agreement and have specific characteristics and objectives which can contribute to and reinforce each other if leveraged effectively. Despite their very distinctive nature, these national instruments can be harnessed to scale up climate change adaptation by fostering linkages depending upon country context.
Addressing climate resilience in sectors and across sectors is a vital part of climate planning. Adaptation in agriculture is a crucial component of building resilient economies and societies and is national priority for a significant number of countries. It is well established that agricultural sectors are amongst the most climate sensitive. Over 90 percent of developing countries’ NDCs refer to agriculture as a major priority.
The juxtaposition of the range of climate planning instruments on one hand, and the sensitivity of agriculture on the other requires that all instruments be linked, sequenced and aligned appropriately by countries to best fit their national circumstances.
The webinar will draw upon country-level experiences from NAP-Ag partner countries to highlight entry points for alignment and strategies to trigger this conversation.
Webinar highlights
Unpacking the characteristics of NAPs, NDCs and LTS.
Exploring steps being taken by ministries of agriculture, ministries of environment, water and finance to leverage these instruments to scale up climate adaptation in agriculture.
Identifying what linkages are already being fostered between NAPs, NDCs and LTS and the key considerations in advancing climate change adaptation in agriculture.
Climate Change Adaptation in the Arab StatesUNDP Climate
The purpose of this publication is to detail lessons learned from UNDP’s Climate Change Adaptation work and achievements in the Arab region on achieving sustainable and lasting results. Some lessons include building local capacity at all levels to ensure a project’s long-term viability, decentralizing infrastructure management, implicating community-based organizations, and promoting resilience of vulnerable populations through livelihood diversification. Providing populations with access to adapted financial services such as Weather Index Insurances (WII) linked with microfinance services was found to support rural populations to become more resilient to climate induced damages. The immediate objective of this publication is not only to share experiences with a wider audience, but also to inform future CCA programming. The publication furthermore acts as a call to action to facilitate a long-term coordinated approach to increasing the resilience of countries most vulnerable to climate change in the region.
National Adaptation Plans in Uruguay - A Sectoral ApproachUNDP Climate
Learn more about Uruguay's sectoral adaptation plans in this presentation from Latin American and Caribbean Climate Week (LACCW), hosted in Uruguay from August 20 to 23, 2018.
Country Experiences Malawi and Nepal - National Adaptation Plans under the UN...UNDP Climate
SLYCAN Trust hosted a webinar on December 18 to engage in a discussion on matters pertaining to National Adaptation Plans (NAPs) and the processes under the UNFCCC that mandate the provision of technical and financial support for developing countries for the implementation of NAPs. The discussion also entailed decisions and outcomes of COP23, and how it impacts future processes on adaptation activities under various working groups of the UNFCCC process.
UNFCCC Overview of Process to Formulate and Implement NAPs - National Adaptat...UNDP Climate
SLYCAN Trust hosted a webinar on December 18 to engage in a discussion on matters pertaining to National Adaptation Plans (NAPs) and the processes under the UNFCCC that mandate the provision of technical and financial support for developing countries for the implementation of NAPs. The discussion also entailed decisions and outcomes of COP23, and how it impacts future processes on adaptation activities under various working groups of the UNFCCC process.
Climate Finance - National Adaptation Plans under the UNFCCC Process - WebinarUNDP Climate
SLYCAN Trust hosted a webinar on December 18 to engage in a discussion on matters pertaining to National Adaptation Plans (NAPs) and the processes under the UNFCCC that mandate the provision of technical and financial support for developing countries for the implementation of NAPs. The discussion also entailed decisions and outcomes of COP23, and how it impacts future processes on adaptation activities under various working groups of the UNFCCC process.
UNDP-FAO Integrating Agriculture in National Adaptation Plans HighlightsUNDP Climate
The joint United Nations Development Programme (UNDP) and Food and Agriculture Organization of the United Nations (FAO) Integrating Agriculture in National Adaptation Plans – Programme (NAP– Ag) is a multi–year initiative (2015–2018) funded by the International Climate Initiative of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB). The NAP–Ag Programme is supporting countries in Africa, Asia and Latin America to identify and integrate climate change adaptation measures into relevant national planning and budgeting processes. This integration will help enhance institutional capacities and processes for operationalization of climate response strategies in the agriculture sectors as well as the facilitation of stronger partnerships between ministries of agriculture, environment, planning and finance, and other national partners. NAP–Ag provides support to countries for accessing climate finance through international mechanisms, such as the Green Climate Fund (GCF), bilateral and multilateral funding mechanisms, as well as national financing. The Programme contributes to NAPs and the achievement of targets laid out in partner countries’ Nationally Determined Contributions (NDC) and the Sustainable Development Goals (SDG), in particular SDG–2 “Zero Hunger” and SDG –13 “Climate Action” , by strengthening resilience and adaptive capacity to climate–related hazards and natural disasters.
Five key achievements at a glance
1. Advanced the development of climate change adaptation planning strategies and frameworks in the agriculture sectors in Kenya, Philippines, Thailand and Uganda
2. Enhanced capacities of agriculture sector's decision-makers to appraise adaptation options, using cost-benefit analysis and impact evaluation, as a means to advance the NAP processes in Uganda, Uruguay and Zambia
3. Initiated the leveraging of climate finance for the implementation of climate change adaptation strategies and frameworks in the agriculture sectors in Nepal, Thailand and Viet Nam
4. Boosted capacity for gender mainstreaming through: technical training; incorporation of sex-disaggregated data and gender analysis into cost-benefit analyses and impact evaluations; and development of a tool to increase women’s incomes in the agriculture sector's value chains
5. Catalysed global attention to the integration of agriculture into NAPs through engagement of NAP-Ag country representatives in: Least Developed Country Expert Group (LEG) training workshops and meetings; side events at COP 21 and COP 22; Adaptation Committee meetings; and NAP Expos
FAO-UNDP Integrating Agriculture in National Adaptation Plans programme (NAP-...UNDP Climate
The FAO-UNDP Integrating Agriculture in National Adaptation Plans programme (NAP-Ag) is a multi-year initiative funded by the Government of Germany. As a country driven process, it supports partner countries to identify and integrate climate adaptation measures for the agricultural sector into relevant national planning and budgeting processes. While the focus of the programme is mainly on the agricultural sectors, the results and process used are highly relevant in providing information to other sectors on how to integrate adaptation needs into national planning and budgeting. The Integrating Agriculture in National Adaptation Plans programme works with ministries of agriculture in Colombia, Gambia, Guatemala, Nepal, Kenya, the Philippines, Thailand, Uganda, Uruguay, Viet Nam and Zambia. The programme builds on prior adaptation work and focuses on national level processes with some regional activities. Available in Spanish and French.
Thailand UNDP-GIZ workshop on CBA - Appraisal outcomesUNDP Climate
Thailand, 27-28 November 2017 - UNDP and GIZ partnered with the Thailand Office of Agriculture Economics (OAE) to launch a workshop designed to connect vital stakeholders to build an effective National Adaptation Plan.
The two-day workshop at the Rama Garden Hotel had 20 participants from each department under the Ministry of Agriculture and Cooperatives (MOAC). The workshop was designed to build capacity of planning officers to formulate better projects and budget submissions as well as potential climate finance proposal using cost-benefit analysis and ecosystem-based analysis appraisal tools.
Building Institutional Capacity in Thailand to Design and Implement Climate P...UNDP Climate
23-25 November 2016, Thailand - A centerpiece of the Integrating Agriculture in National Adaptation Plans Programme (NAP-Ag) in Thailand is its support to develop a new five-year Strategy on Climate Change in Agriculture (2017-2021). This is spearheaded by the Ministry of Agriculture and Cooperatives (MOAC) and its Office of Agriculture Economics (OAE). The strategy was unveiled after a series of meetings by a Technical Working Group at a three-day workshop held on 23-25 November 2016 in Bangkok, organized by UNDP. Over 60 participants from each MOAC line department and 10 participants from academia and civil society were briefed by the Office of the Natural Resources and Environmental Policy and Planning (ONEP) and GIZ on the status of the National Adaption Plan (NAP) and learned how NAP-Ag programme efforts could support a broader NAP process and align with the Sector Plan. The new strategy focuses on improving evidence and data for informing policy choices, building the capacity of farmers and agri-businesses to adapt, promoting low-carbon development and productivity growth in the sector, and building institutional and managerial capacities to cope with climate change impacts.
Building Institutional Capacity in Thailand to Design and Implement Climate P...UNDP Climate
23-25 November 2016, Thailand - A centerpiece of the Integrating Agriculture in National Adaptation Plans Programme (NAP-Ag) in Thailand is its support to develop a new five-year Strategy on Climate Change in Agriculture (2017-2021). This is spearheaded by the Ministry of Agriculture and Cooperatives (MOAC) and its Office of Agriculture Economics (OAE). The strategy was unveiled after a series of meetings by a Technical Working Group at a three-day workshop held on 23-25 November 2016 in Bangkok, organized by UNDP. Over 60 participants from each MOAC line department and 10 participants from academia and civil society were briefed by the Office of the Natural Resources and Environmental Policy and Planning (ONEP) and GIZ on the status of the National Adaption Plan (NAP) and learned how NAP-Ag programme efforts could support a broader NAP process and align with the Sector Plan. The new strategy focuses on improving evidence and data for informing policy choices, building the capacity of farmers and agri-businesses to adapt, promoting low-carbon development and productivity growth in the sector, and building institutional and managerial capacities to cope with climate change impacts.
Building Institutional Capacity in Thailand to Design and Implement Climate P...UNDP Climate
23-25 November 2016, Thailand - A centerpiece of the Integrating Agriculture in National Adaptation Plans Programme (NAP-Ag) in Thailand is its support to develop a new five-year Strategy on Climate Change in Agriculture (2017-2021). This is spearheaded by the Ministry of Agriculture and Cooperatives (MOAC) and its Office of Agriculture Economics (OAE). The strategy was unveiled after a series of meetings by a Technical Working Group at a three-day workshop held on 23-25 November 2016 in Bangkok, organized by UNDP.
Over 60 participants from each MOAC line department and 10 participants from academia and civil society were briefed by the Office of the Natural Resources and Environmental Policy and Planning (ONEP) and GIZ on the status of the National Adaption Plan (NAP) and learned how NAP-Ag programme efforts could support a broader NAP process and align with the Sector Plan. The new strategy focuses on improving evidence and data for informing policy choices, building the capacity of farmers and agri-businesses to adapt, promoting low-carbon development and productivity growth in the sector, and building institutional and managerial capacities to cope with climate change impacts.
Thailand UNDP-GIZ workshop on CBA - Effective water management and sustainabl...UNDP Climate
Thailand, 27-28 November 2017 - UNDP and GIZ partnered with the Thailand Office of Agriculture Economics (OAE) to launch a workshop designed to connect vital stakeholders to build an effective National Adaptation Plan.
The two-day workshop at the Rama Garden Hotel had 20 participants from each department under the Ministry of Agriculture and Cooperatives (MOAC). The workshop was designed to build capacity of planning officers to formulate better projects and budget submissions as well as potential climate finance proposal using cost-benefit analysis and ecosystem-based analysis appraisal tools.
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
Announcement of 18th IEEE International Conference on Software Testing, Verif...
'Swiss Re global partnerships: innovative insurance solutions for sovereign risk'
1. Swiss Re Global Partnerships:
Innovative Insurance Solutions for Sovereign Risk
Vicki Mullen
Vice President, Client Management ANZ
2. Swiss Re Global Partnerships | 2017
About Swiss Re
We make the world
more resilient
2
2016 Results USD
$3,558m Net income
$35,634 Shareholders equity
Over 150 years of experience in providing wholesale
re/insurance and risk management solutions
Founded in Zurich (Switzerland) in 1863,
Swiss Re delivers traditional and innovative offerings
in Property & Casualty and Life & Health
Sharing of ideas and insights with academia and
international organisations through the Swiss Re
Institute
Dedicated function for public sector solutions
‘Global Partnerships’
3. Swiss Re Global Partnerships | 2017 3
"By the year 2020, Swiss Re commits to have
advised 50 sovereigns and sub-sovereigns on
climate risk resilience and to have offered
them protection of USD 10bn against this
risk."
Swiss Re CEO
UN Climate Summit
New York
23 September 2014
Swiss Re's commitment
4. Swiss Re Global Partnerships | 2017 4
• First dedicated public sector team in the reinsurance industry
• Over 200 closed transactions since 2011 inception
• Pioneer in emerging and industrialised markets with global footprint
• Insurance, reinsurance and capital markets solutions on all perils
Ø natural disasters and weather risks
Ø pandemics and liability coverage
Ø preventative and parametric (index) solutions
Ø resilience bonds
The Pacific Region is covered by the ANZ Global partnerships team
Swiss Re Global Partnerships
“Engaging with the world allows us to find more robust solutions to common perils. There are
limits to what the insurance industry can achieve alone; some risks will require a broader
approach involving international and public institutions.… Together, we share our expertise to
help society create effective responses”
5. Swiss Re Global Partnerships | 2017 5
Source: Swiss Re Economic Research & Consulting and Cat Perils.
0
50
100
150
200
250
300
350
400
450
1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
Not insured
Insured Losses
10-year moving average insured losses
10-year moving average total economic losses
National catastrophes USD billion @ 2016
Uninsured risk includes:
Public physical assets, emergency response, foregone
revenue, uninsured private assets, livelihood assistance and
rehabilitation of the poor
• No jurisdiction can fully protect against natural disasters, despite prevention and mitigation efforts
• Natural catastrophe risks (see model below) have direct and indirect cost that are not insured
• Other systemic risks include pandemic, casualty, disability and longevity risk, which are presently under / non insured
• Emerging risks include cyber, terrorism, environmental liability and class actions.
The public sector carries a growing burden of uninsured loss for
natural catastrophes
Regions Economic Loss
from natural events
Insured
Loss
Protection
Gap
Rounded USD bn % GDP USD bn USD bn
Asia 83 0.32 9 74
North
America
59 0.29 30 29
Europe 16 0.08 7 9
Oceania /
Australia
6 0.45 3 3
Latin
America
6 0.29 1 5
Africa 3 0.14 2 1
2016 Total 175 0.24
average
54 121
6. Swiss Re Global Partnerships | 2017 6
National disasters are a large-scale economic risk, that can damage
sovereign creditworthiness
“Insurance confers benefits both before and after disaster strikes.
Beforehand, the underwriters [demand] better planning and
higher-quality, more resilient building from property developers
and city planners. Afterwards, insurance helps entire economies to
recover more rapidly.”
The Economist, 13 June 2015
"Major natural catastrophes have large and significant negative
effects on economic activity... However, it is mainly the uninsured
losses that drive the subsequent macroeconomic cost, whereas
sufficiently insured events are inconsequential in terms of
foregone output."
Working Paper No. 394,
December 2012
"Natural disasters can damage sovereign creditworthiness”
Storm Alert: Natural Disasters Can Damage Sovereign Creditworthiness,
September 2015
"Climate change is likely to be one of the global mega-trends
impacting sovereign creditworthiness…. Government budgets
could come under additional pressure as disaster recovery and
emergency support for affected populations is likely to fall on the
state in most cases.“
Climate Change is a Global Mega Trend for
Sovereign Risk, May 2014
"National and subnational governments can develop and implement
comprehensive disaster risk financing strategies to reduce risk and to provide
adequate and timely post-disaster support to strengthen financial resilience."
Investing in Resilience
"Finance Ministries play a pivotal role in DRM strategies [by] ensuring proper
fiscal management of disaster risks by anticipating potential budgetary impacts
and planning ahead to ensure adequate financial capacity and rapid release of
funds, thus enabling emergency response, reconstruction of public assets and
infrastructure, and targeted financial assistance."
Disaster Risk Assessment and Risk Financing
- A G20/OECD Methodological Framework
"States, (…) regional and international organizations should develop partnerships
to implement schemes that spread out risks, reduce insurance premiums, expand
insurance coverage and thereby increase financing for post disaster reconstruction
and rehabilitation, including through public and private partnerships."
Hyogo Framework for Action 2005 - 2015
"One way to mitigate the economic and ratings impact of natural disasters [on
sovereign creditworthiness] is catastrophe insurance."
Storm Alert: Natural Disasters Can Damage Sovereign
Creditworthiness, September 2015
7. Swiss Re Global Partnerships | 2017
Risk transfer options
7
gap
Which risk?
Governments
Who carries
the risk?
Pooling
Insurance schemes and pools
to increase insurance penetration
Macro
Risk transfer solutions
for (sub)sovereigns to cover
their direct or indirect costs
Micro
Simplified products distributed
via aggregators such as
MFIs, NGOs, and corporates
Risk transfer solution
Businesses,
homeowners,
farmers
Public physical
assets
Emergency
response costs
Foregone revenue
Uninsured private
assets
Livelihood
assistance
Protectiongap
Individuals
9. Swiss Re Global Partnerships | 2017
Vietnam
Agriculture
yield cover
Pacific Islands
Earthquake and
tropical cyclone risk
Uruguay
Energy production
shortfalls
due to drought
India
Weather insurance
for farmers
Caribbean
Hurricane,
earthquake and excess
rainfall risk
Beijing
Agricultural risk
Turkey
Earthquake pool
Louisiana
Hurricane risk
Mexico
Earthquake/hurricane
and livestock risk
Bangladesh
Flood
insurance
African Risk Capacity
Government drought
insurance pool
Florida
Hurricane risk
9
United Kingdom
Flood risk
Shenzhen
typhoon/rainfall
Thailand
Crop insurance
Heilongjiang
Multiperil disaster
risk
Innovative Public Private Insurance Partnership Initiatives
10. Swiss Re Global Partnerships | 2017 10
Asia-Pacific: Pacific Catastrophe Risk Assessment and Financing
Initiative (PCRAFI)
Solution features
§ First-of-its-kind sovereign catastrophe risk transfer in the Asia Pacific
region
§ The PCRAFI offers parametric earthquake (including tsunami) and
tropical cyclone insurance policies to 5 pilot Pacific Island countries:
Marshall Islands, Samoa, Tonga and Vanuatu and Cook Islands
§ The policies provide immediate liquidity to participating governments in
the aftermath of a disaster with an approximate probability of 1 in 10
years
§ Insurance coverage provided to the 6 Pacific Island countries is about
USD 40m
§ Similarly to CCRIF, the swap payout will be triggered by the intensity of
the event (modelled loss approach)
Involved parties
§ World Bank, ADB, Japan MoF
§ Derivative placed by World Bank Treasury
Payouts to date
§ 2014: Kingdom of Tonga USD1.3m following typhoon Ian
§ 2015: Vanuatu USD 1.9m following cyclone Pam
11. Swiss Re Global Partnerships | 2017 11
Caribbean Catastrophe Risk Insurance Facility (CCRIF)
Solution features
§ The CCRIF offers parametric hurricane and earthquake insurance policies to 16
CARICOM governments
§ The policies provide immediate liquidity to participating governments when
affected by events with a probability of 1 in 15 years or over
§ Member governments choose how much coverage they need up to an aggregate
limit of USD 100m
§ The mechanism will be triggered by the intensity of the event (modelled loss
triggers)
§ The facility responded to events and made payments:
Involved parties
§ Reinsurers: Swiss Re and other overseas reinsurers
§ Reinsurance program placed by Guy Carpenter
§ Derivative placed by World Bank Treasury
Payouts to date
§ 2010: Haiti USD7.7m (earthquake), Barbados USD 8.5m (hurricane), St. Lucia
USD 3.2m (hurricane), St. Vincent & The Grenadines USD 1.1m (hurricane),
Anguilla USD 4.2m (hurricane).
§ 2008: Turks & Caicos USD 6.3m (hurricane)
§ 2007: St. Lucia USD 418k (hurricane), Dominica USD 528k (hurricane).
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Caribbean: CCRIF Excess Rainfall Coverage
Solution features
• In July 2014, the CCRIF added a third peril to their program by offering excess
rainfall insurance to their members
• 12 countries purchased the coverage that triggers when the modelled loss
exceeds the defined country threshold
• Loses are determined based on 2-3 day rainfall totals and the country exposure
values
• Utilizes Kinetic Analysis Corporation’s (KAC) high resolution data that is a
compilation of satellite and ground observations
• Deductible for the CCRIF is USD 7m and Swiss Re provides reinsurance with a
limit of USD 35m
Involved parties
• Reinsurer: Swiss Re
• Product designed by: CCRIF, KAC and Swiss Re
• Calculation agent: KAC
Payouts to date
• Anguilla: USD 493k (Oct 2014) and USD 559k (Nov 2014)
• St Kitts and Nevis: USD1m (Nov 2014)
• Barbados: USD1.2m (Nov 2014)
• Belize: USD 260k (Aug 2016)
• Haiti, Barbados: XS wind USD 21.5m and Haiti, Barbados, St. Lucia, St.
Vincent & the Grenadines: XS rain USD 8m (Oct 2016)
13. Swiss Re Global Partnerships | 2017 13
Mexico: MultiCat - Funding immediate relief efforts after
disasters
Solution features
§ Insured perils: Earthquake and hurricane
§ Payments to be used for immediate emergency relief after a disaster
§ Parametric catastrophe bond: USD 315m
§ Trigger type: Index
§ Earthquake: physical trigger (quake magnitude)
§ Hurricane: physical trigger (barometric pressure)
§ Time horizon: October 2012 – November 2015
§ Renewed cat bond launched through the World Bank’s MultiCat facility
and third cat bond for Mexico
Involved parties
§ Insured: Fund for Natural Disasters (FONDEN) of Mexico
§ Reinsured: AGROASEMEX S.A.
§ Arranger: World Bank Treasury
§ Swiss Re: Co-lead manager and joint bookrunner
Payouts to date
§ 2015: USD 50m after hurricane Patricia
14. Swiss Re Global Partnerships | 2017 14
Solution features
• Solution supporting the Guangdong province to build fiscal resilience against Nat
Cat contingent liability
• Payouts to be used for disaster relief and post disaster reconstructions of property
and infrastructure
• Covered perils: tropical cyclone, heavy rainfall
• Parametric triggers:
o Tropical cyclone: typhoon track, wind speed,
o Heavy rainfall: precipitation
• Sum insured: USD 340 million for a first group of 10 pilot cities
• Time horizon: First implementation in 2016, cover to be annually renewed and
extended to more municipalities starting from 2017
Involved parties
§ Insured: 10 municipal governments in the Guangdong province
§ Government project team: Guangdong Ministry of Finance bureau (lead) and
members from CIRC, NDRC, MoCA, CMA*.
§ Local insurance partner and lead insurer: PICC
§ Sole product designer and reinsurer: Swiss Re
§ Meteorological measures provided by Guangdong Climate Center
Payouts to date
§ October 2016: USD 3.2m after Typhoon Haima and heavy rainfall
(*) CIRC: China Insurance Regulatory Committee NDRC: National Development and Reform Committee
MoCA: Ministry of Civil Affairs CMA: China Meteorological Administration
China: Guangdong provincial government Nat Cat parametric
disaster relief hedge
15. Swiss Re Global Partnerships | 2017 15
Case study China: Heilongjiang provincial government multi-
peril parametric disaster relief coverage
Solution features
§ Provincial government insures its fiscal contingent liabilities for
disaster relief in 28 counties who are classified as less poverty
resilient.
§ Payouts to be used for disaster relief and post disaster
reconstructions of properties and infrastructure.
§ Covered perils: Flood, excess rain, drought and temperature.
§ Parametric triggers designed to reflect significant yield losses of
agricultural crops based on satellite flood footprint index,
precipitation index, drought (temperature & precipitation) and low
temperature.
§ Annual contract
§ Sum Insured: USD 360m
§ Swiss Re has 80% quota share reinsurance
Involved parties
§ Reinsurer and product designer: Swiss Re
§ Calculation agent: China Meteorological Agency
§ Insured: Sunlight Agro Mutual Insurance
16. Swiss Re Global Partnerships | 2017
§ The city of Toyama is exposed to riverine and coastal floods.
§ Toyama already is at the forefront when it comes to physical
flood adaptation measures, for instance with its investments in
river bank reinforcements, the construction of sabo dams and
underground rainwater storage facilities*. The city government,
however, cannot fully insulate itself against very extreme flood
events.
§ Swiss Re is currently in discussion with Toyama to support the
city in stabilizing the local governments catastrophe
response budget.
§ Flood is only one aspect – and we are also discussing on
earthquake and cyclone exposure – where Swiss Re is working
to help the City Government cover for such unforeseen natural
events through classic indemnity or innovative flood insurance
products.
Toyama (Japan): Flood disaster risk finance for the city
* Source: www.100resilientcities.org/
17. Swiss Re Global Partnerships | 2017
17
Case study Kenya Livestock Insurance Program (KLIP):
Livestock protection for smallholder farmers in Kenya
Solution features
§ The Kenya Livestock Insurance Program (KLIP) is an innovative and scalable insurance
solution to help pastoralists bring their cattle through severe times of droughts.
§ The pilot was launched in October 2015 in the two counties of Wajir and Turkana and
protects livestock of 5,000 households. After the successful pilot, From 2016 onwards KLIP
will be extended across the whole country. KLIP is 100% funded by the Kenyan
government, making it free for pastoralists who are registered under the Hunger Safety Net
Program, and covers 5 tropical livestock units per household.
§ KLIP works as an index-based livestock insurance scheme. The Normalized Difference
Vegetation Index (NDVI) is an index of plant “greenness” or photosynthetic activity. Once a
certain threshold is reached pastoralists insured under the scheme automatically receive a
lump sum payout to provide livestock feed and water for their livestock which include cows,
goats and camels. It is not about compensating for the death of livestock, but to protect the
camel, cow or goat from the effects drought in the first place.
Involved parties
§ The Ministry of Agriculture sets the framework and provides the premiums.
§ Local insurer APA got mandated by the Government and entered into a
consortium arrangement with other local insurance companies who are willing to
participate.
§ The International Livestock Research Institute (ILRI), funded by the World Bank, did the
modelling work. A calculation agent will observe if a payout should take place.