The Munich Climate Insurance Initiative (MCII) and the German Association for International Cooperation (GIZ) hosted key experts on weather risk insurance, disaster risk reduction and adaptation at on 11-12 April 2013. The expert workshop on “Developing a Strategic Concept for the Implementation of Climate Risk Insurance in an Integrated Climate Risk Management Approach” was hosted at UNU-EHS. Experts critically examined how insurance can be one integral part of a comprehensive climate risk management strategy by gathering lessons learned and good practices from experts in the field. These outputs were used to develop a strategic approach intended to better assist climate negotiators and give added political momentum in working out a set of options on how to implement climate risk insurance solutions in an integrated risk management approach.
The workshop worked under the following objectives:
- Collect and distil lessons learned and good practices from experts’ experience in the fields of weather risk insurance, disaster risk reduction and adaptation to create a stronger evidence base on how insurance can be used as a tool for reducing climate risks.
- Examine the necessary elements (potential and existing) and enabling policy environments necessary to allow insurance to play a complementary role in managing climate-related risks in the context of developing countries and emerging economies.
- Better assist climate negotiators and give added political momentum in working out a set of options on implementing climate risk insurance solutions in an integrated risk management approach in the light of upcoming important policy making milestones in international climate change debates in 2015.
For some quick results from the workshop, please download the factsheet HERE.
Welcome & Introduction:
- Wolfgang Bücker (GIZ): DEVELOPING A STRATEGIC CONCEPT FOR THE IMPLEMENTATION OF CLIMATE RISK INSURANCE IN AN INTEGRATED CLIMATE RISK MANAGEMENT APPROACH
- Koko Warner (MCII and UNU-EHS): OPENING THOUGHTS
Case study presentations: Lessons learned in implementing climate risk insurance in developing countries
- Karina Ginocchio (GIZ): PERU – INSURANCE FOR CLIMATE CHANGE ADAPTATION PROJECT
- Josh Ling (ILO): CLIMATE RISK MANAGEMENT – CASE STUDY MEXICO
- Ulrich Hess (MicroEnsure): PROMOTING AND PROTECTING THE RURAL POOR
- Susan Gille (GIZ): INNOVATIVE INSURANCE PRODUCTS FOR THE ADAPTATION TO CLIMATE CHANGE – THE CASE OF GHANA
- Ekhosuehi Iyahen (CCRIF): EXPERIENCES AND LESSONS LEARNED FROM THE CARIBBEAN CATASTROPHE RISK INSURANCE FACILITY (CCRIF)
- Sobiah Becker (MCII): CLIMATE RISK ADAPTATION AND INSURANCE IN THE CARIBBEAN