Policy Briefs / Policy Notes

Integrating Risk Finance into National Resilience and Adaptation Efforts

The increasing frequency and severity of disasters as a result of climate change threatens lives and livelihoods, food security, water supply, property security, and economic prosperity across the globe. Adaptation is vital to make society resilient to the impacts of climate change. This Policy Note examines how risk financing considerations can enhance vulnerable economies’ resilience efforts if integrated into national adaptation and investment processes, and efforts to address loss and damage.

Topic / Theme:

Climate Change & Climate Policy (NAPs, NDCs), Risk Finance

Solutions / Instruments:

Contingency Budget, Contingent Credit, Creation of DRF Strategy, Shock Responsive Social Protection, Sovereign Risk Transfer

Region:

Asia, Latin America & Caribbean, Middle East & North Africa, Oceania & Pacific, Sub-Saharan Africa

Year:

2021

Pages:

12

Language:

English

Organization:

InsuResilience Global Partnership, NDC Partnership