UR2020 # Risk Finance

   Monday, November 30: 16.30 – 18.00 Cooler cities: Action to reduce extreme urban heat risk Peridot 203 use · risk finance · heatwave Cities are at once our greatest opportunity and our greatest risk and extreme heat is one of the deadliest global hazards. With 18 of the 19 hottest years on record occurring…

Progress towards closing the protection gap will require collaboration between experts across disciplines, organizations and geographies to quickly develop and deploy new models. This session will provide examples of successful case studies of expert collaboration using the AIR Model Builder Platform. Workshop format driven by practical case study examples.

Publicly available risk intelligence is at the core of effective risk management. Oasis LMF 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

Acting in anticipation of or early after a disaster can save lives and livelihoods, protect public finances and safeguard development gains.
For early warning systems to inform governments and humanitarian actors about oncoming climate impacts and trigger effective anticipatory and response measures, they need to be underpinned by funding through pre-arranged risk finance, such as…

Small island developing states (SIDS) are the most exposed to disasters and the impacts of a changing climate. Innovating to address these issues is therefore a necessity for their survival.
Over the past 10 years, countries and territories have made strategic advancements combining cutting edge technology and innovative financing strategies with human centric solutions.

In order to manage and finance risk you have to quantify it. Intuitively it makes sense that risk understanding improves decisions, and that it should be as close as possible to the local risk owner, combining the best of local and global knowledge.
However, countries investing in risk prevention and residual risk transfer programs do…