Efforts to build disaster resilience and climate adaptation must increasingly address gender-based violence (GBV), as highlighted in recent findings focused on India’s development goals for 2030. The report underscores that disasters and climate-related risks often disproportionately impact women and vulnerable Read More …
Tag: climate change
Addressing Gender-Based Violence in Disaster Risk and Climate Resilience Efforts
G20 ministers emphasise disaster risk reduction, parametric insurance and catastrophe bonds
Finance and disaster management ministers from G20 nations have reiterated the urgent need to strengthen disaster risk reduction (DRR) frameworks, calling for wider use of innovative risk financing tools such as parametric insurance and catastrophe bonds to address escalating climate Read More …
UN experts urge shift from disaster recovery to proactive risk reduction
A new article on PreventionWeb underscores the urgent call by global disaster risk reduction experts to shift the focus from reactive disaster relief to proactive resilience funding. Titled “Fund resilience, not disasters: Why risk reduction is the future of insurability,” Read More …
Climate change risks offer insurers new cash streams
Insurance policies targeted at losses occasioned by climate risks such as drought, flooding and extreme heat present the next growth opportunity for Kenya’s under-performing insurance sector, experts say. Industry insiders say the industry is looking at developing products that include Read More …
How to connect cyber-risk and climate risk strategies
Every business faces two global systemic risks: cybersecurity and climate change. Learn how to integrate these two areas of risk management for greater business resilience. Of all risks facing organizations today, those related to cybersecurity and the environment carry the Read More …
Climate change, risk finance, and innovative financial instruments
Risk is “the potential for consequences where the outcome is uncertain and something of value is at stake” (Intergovernmental Panel on Climate Change). It has distinguishable elements including a hazard, exposure, vulnerability, response options, values, magnitude, likelihood, and temporal characteristics, and Read More …
Inclusion of climate change in policy is crucial for a strong economy
As the world copes with the repercussions of legacy emissions, there is growing pressure to achieve climate-compatible growth. Fiscal and monetary authorities will now have to be cognisant of the feedback from climate change to the economy and suitably adapt Read More …
Climate change: Key UN finding widely misinterpreted
A key finding in the latest IPCC climate report has been widely misinterpreted, according to scientists involved in the study. In the document, researchers wrote that greenhouse gases are projected to peak “at the latest before 2025”. This implies that Read More …
Ways to de-risk climate finance
A domain centric approach could help through global intergovernmental risk mitigation mechanisms In recent climate finance reports, almost all think tanks, development finance and multilateral banks have outlined the need for ‘De risking climate finance’ or ‘leveraging public finance’, or Read More …
Climate change creates financial risks. Investors need to know what those are.
The U.S. Securities and Exchange Commission (SEC) voted recently to move a proposal forward that would require publicly traded companies to disclose the financial risks they face from climate change. These rules aim to bring corporate obligations for the disclosure of climate Read More …