San Salvador
Monday, November 25, 2019

A new publication by the InsuResilience Solutions Fund (ISF) in cooperation with the Insurance Development Forum (IDF) and the Swiss Federal Institute of Technology (ETH Zurich) illustrates the importance of climate risk analysis as essential instrument of comprehensive climate risk management on the basis of results of a San Salvador case study. Including insurance in climate risk analyses shows the relevance of insurance and the incentives insurance can set for complementary adaptation measures. For the case study of San Salvador, answers to the most urgent questions policy-makers are facing with regard to climate risks are being provided, in order to define a comprehensive climate risk management approach.
understanding-climate-risks-pdf

The need for climate adaptation and risk management is most pressing in low-income countries. Climate risk modelling and analysis can provide decision-makers with the information they need to turn policies into action.

A joint side event with UNU-EHS, IDF and ETH Zurich presenting this topic in more detail will be hosted at the EU Pavilion (11 December 2019, 10:30-12:00) of the COP25 in Madrid, entitled “Decision for Action – Perspectives on implementing evidence-based climate finance”.