Co-developing open risk models for risk financing and climate change adaptation
Publicly available risk intelligence is at the core of effective risk management. Oasis Loss Modelling Framework provides open source catastrophe modelling platform for the quantification of the economic impacts of disaster risk and climate change for analysing the costs and benefits of risk adaptation and risk transfer. Oasis has been co-developing new models with international and in-country experts in risk modelling, risk financing and climate change in the Philippines and Bangladesh for the past two years.
This event will share technical innovations in open risk modelling and quantifying climate change impacts, and lessons learnt in implementing public-private partnerships. The session will include the opportunity for discussion of challenges and applications in other territories and audience participation. Completing in 2020, the project will provide a template for other countries to develop similar projects and open risk models in the future.
Organizer: Oasis Loss