2nd InsuResilience Global Partnership Forum: Paving the way to effective risk financing solutions
Agenda (as of 10 December 2018):
|INSURESILIENCE GLOBAL PARTNERSHIP FORUM|
|08:30-09:00||Registration and welcome coffee|
|09:00-09:05||Opening and welcome|
|09:05-09:45||Framing session: Effective risk financing and insurance solutions for the poor and vulnerable|
|09:45-10:00||Warm Up: Getting to know the Global Partnership community|
|10:30-10:55||Remarks by Co-Chairs of the High-Level Consultative Group|
|10:55-11:15||New members of the InsuResilience Global Partnership|
|11:15-12:00||Panel discussion: Lessons learned from existing schemes|
|12:00-12:30||The Global Partnership in action – Report from the Working Groups|
|13:30-14:00||Interactive Q&A session: The Program Alliance|
Breakout sessions: The Global Partnership in practice (for more details, see below)
|15:45-16:30||Coffee Break and open presentation of breakout session results|
|16:30-17:00||Panel discussion: The way forward|
|17:00-17:30||Presentation of contest winners (InsuResilience-A2R contest on absorbing climate impacts)|
Group 1 – Sri Lanka: Leveraging international private sector engagement to enhance the National Natural Disaster Insurance Scheme
Sri Lanka is one of the five countries most heavily affected by natural disasters. In 2016, the Gov-ernment of Sri Lanka established the national natural disaster insurance scheme (NNDIS) to pro-tect its uninsured population against natural disasters. Since its inception, the NNDIS has faced major challenges. Jointly with the Insurance Development Forum (IDF – a PPP led by the interna-tional insurance industry), and supported by the Sri Lankan government and the German devel-opment bank KfW, the Sri Lankan National Insurance Trust Fund (NITF) has developed a way for-ward to make the NNDIS more sustainable. This interactive session will engage the audience into a deep-dive into the proposed way forward.
Session Lead: KfW Development Bank, Insurance Development Forum, National Insurance Trust Fund of Sri Lanka
Group 2 – Zambia: Reaching smallholder farmers with climate risk insurance
This session features learnings from the new business model in the agricultural sector in Zambia. How can contract farming contribute to a sustainable insurance market development and aware-ness raising of smallholder farmers? The session lays a particular focus on aggregation, reaching farmers through digitalization as well as different distribution channels.
Session Lead: GIZ
Group 3 – Pakistan: Disaster risk financing for enhanced fiscal resilience
Pakistan has tremendous exposure to natural hazards. The technical session on Pakistan will ex-amine the current best practices in different countries on disaster risk financing and their rele-vance to Pakistan. The discussion will focus on low-hanging fruits in the DRF space given the country limitations and develop a comparative analysis of these options. The concept of disaster risk transfer being relatively new in Pakistan, calls for a more coordinated approach to inform and guide the decision makers to make optimal choices from the available options.
Session Lead: National Disaster Risk Management Fund (NDRMF), Pakistan
Group 4 – Colombia: Enhancing Urban Resilience through Financial Risk Transfer in Colombia
Colombia is widely recognized as one of the most disaster-prone countries in the world. Accord-ing to the World Bank, at least 85% of its population and its assets are exposed to two or more natural hazards. In 2016, Colombia issued the National Strategy for Financial Management, which recognizes the need to promote risk transfer tools to reduce the impact of natural hazards on public budgets. Following this guideline, the national government has taken the first steps by establishing a DRM fund and adopting risk transfer measures at the national level. However, with a few exceptions, the ability to implement the strategy at the sub-national level is limited.
This session examines the first-ever partnership between an international NGO, the insurance industry and the municipalities of Manizales, Medellin and Cali to develop innovative and sustain-able climate risk insurance products to improve the resilience of at-risk communities in Colombia against extreme weather events.
Session Lead: Global Communities
Group 5 – West Africa: A Model to Shift from Responding to Disasters to Managing Risks – the example of ARC Replica
This session will explore how humanitarian actors can support and leverage sovereign level cli-mate insurance to enable quicker and more effective humanitarian responses, through the lens of the two-year Africa Risk Capacity (ARC) Replica pilot in West Africa. The session leads will pro-vide an overview of the first year of the ARC Replica pilot, which took place in Mali, Mauritania and Senegal, focusing on lessons learned. Perspectives on the opportunities and challenges pre-sented by the Replica scheme will be shared by the Replica partners; WFP and Start Network, a representative from one of the Replicated country governments, ARC Agency and KfW, the pi-lot’s main donor. This will be followed by a group discussion, the outputs of which should help inform how we approach the second year of the pilot and beyond as well as how the global part-nership might support countries and partners to engage more in risk financing for effective hu-manitarian response.
Session Lead: WFP & Start Network