Summary Report on the ‘web-talk’ on Risk Financing and Nature-Based Solutions: Linkages and Opportunities for Integrated Approaches

The InsuResilience Global Partnership’s working group (WG) on Integrated Approaches for Risk Reduction and Risk
Transfer supports the Partnership’s vision to embed climate and disaster risk financing and insurance in
comprehensive risk management, by developing scalable solutions that link wider climate adaptation and risk
management efforts with financial resilience to contribute to long-term resilience gains of vulnerable people.
According to the Partnership’s Vision 2025, two goals of the WG are to be produced by 2022:

• Follow-up studies on integrating climate and disaster risk finance and insurance (CDRFI) with broader
  resilience measures, including risk reduction, nature-based solutions (NbS) and conservation of natural
  resources to address specific knowledge gaps and inform global frameworks.
• At least one pilot for an innovative integrated solution implemented in a vulnerable country with strong
  involvement of the Partnership’s members; additional feasibility work has been done on integrated
  solutions, e.g. linking risk finance with better preparedness for humanitarian response (forecast-based
  financing).

This report summarizes the main points discussed during a web-talk on Risk Financing and Nature-Based Solutions, hosted by the WG on Integrated Approached in October 2020, with the aim to contribute to the above goals.