Organiser: PartnersforResilience

MCII Role: Presenter

Summary Description:

Vulnerable communities in rural and urban contexts need to have the resources to apply practices that make them more resilient to climate change. However to boost community resilience more efforts, resources, and integrated approaches are needed. How can we scale-up and bolster finance for integrated approaches to enhance community resilience? Key expected outcomes of the session:

• Insights on how more integrated approaches can bring policy coherence, mobilise investments and channel it to the most vulnerable and ramp up proven proved resilience-building practices to go to scale
• Bring together best practices, innovative business models, and success factors for upscaling
• Have a clear understanding of the role and responsibilities of the various stakeholders: municipalities, policy developers, investors, city developers, NGO’s, communities, science. Participation of the involved communities, and multi-stakeholder approaches are important factors.

Panel, Speakers:

• Yohan Santosa (Partners for Resilience, PfR): Upscaling Urban Resilience at City and Province Level.
• Isaac Kabongo (ECO Uganda): How to Influence Sustainable Models in Climate Resilient Investments
• Kari Eik (Organization for International Economic Relations, OiER): New Public-private Business Models and Projects for Cities Supporting Vulnerable Communities.
• Soenke Kreft (Munich Climate Insurance Initiative, MCII): Climate Insurance Initiatives for Vulnerable Groups – Innovations, Projects and Policy Guidance.

Organiser: MCII, MRF, Imperial College London

Chair: Ms. Simone Ruiz (Allianz Climate Solutions)

Summary Description:

As our understanding of the impacts of climate change on extreme events and on water availability and quality is improved, we explore the best ways of applying our knowledge to stimulate action to manage these changes. The focus of the post-2017 policy agenda must be on implementing effective solutions to tackle the challenges of climate change and furthering adaptation efforts. Climate Risk Insurance (CRI) plays a central role in advancing adaptation to climate change in vulnerable countries, as recognised by major policy fora since 2016, including the Paris Agreement, the Sendai Framework for DRR, the SDGs as well as the G7 and G20 discussions.

Key questions to be addressed in the session:

• What are some of the recent insights into climate change risks and impacts, including the latest science of attributing events to climate change; assessment of risk; human & financial dimensions of the impacts of climate change?
• What are good examples of how CRI solutions can be implemented on the ground to benefit the livelihoods of poor and vulnerable communities, and how can they be included into wider climate risk management efforts (incl. the lessons learned on the application of these approaches)?

• What roles do different actors have and what actions should stakeholders take next?

Panel, Speakers:

• Joanna Haigh (Imperial College London)
  THE IMPACTS OF OUR CHANGING CLIMATE: OBSERVATIONS AND EXPECTATIONS.
• Christian Barthelt (Munich Re Foundation):
  EFFECTIVE PPPS IN THE CONTEXT OF CRI AND THE “WHEEL OF INSURANCE”.
• Soenke Kreft (MCII):
  INTEGRATING INSURANCE INTO CLIMATE RISK MANAGEMENT – CASE STUDIES FROM AN ISLAND- AND VULNERABLE COUNTRY CONTEXT.
• Admasu Feyisa, Ministry of Finance and Economic Cooperation (Federal Democratic Republic of Ethiopia):
  V20 PERSPECTIVES ON THE ISSUE OF CLIMATE RISK INSURANCE.

For more information, see the full event flyer HERE

For a walkthrough of the session, please visit the website of our colleagues at Imperial College London and read their feature article, HERE

Organiser: BMUB

Role of MCII: Presenter

Summary Description:

Building on a fruitful cooperation in the UNFCCC negotiations, Small Island Developing States (SIDS) are also important partners in Germany’s climate cooperation. As many of the SIDS have committed to ambitious Nationally Determined Contributions (NDCs) under the Paris Agreement where adaptation, mitigation, and finance efforts come together and are closely aligned to the 2030 Agenda, this side event will put a spotlight on the strong domestic, regional and international partnerships that are necessary to achieve the formulated targets in an integrated and sustainable manner. Especially in the small economies of SIDS the interlinkage of various sectors and ecosystems, the vulnerabilities of island life and infrastructure as well as the economic and financial implications need to be considered. One of the key questions of the side event addresses the question of how the transition efforts that require the interplay of many stakeholders for NDC-implementation and progress on the Sustainable Development Goals (SDGs) in the SIDS can be organized domestically and supported regionally and internationally.

Panel Speakers:

• Moderator: Vera Scholz (GIZ)
• State Secretary Jochen Flasbarth (BMUB)
• Sen. the Hon. Winston Garraway, Minister of State Responsibility for Disaster Management & Information, Grenada
• Bruce Kijiner, Secretary Ministry of Foreign Affairs of the Marshall Islands
• Espen Ronneberg, Secretariat of the Pacific Regional Environment Program (SPREP)
• SÖNKE KREFT, EXECUTIVE DIRECTOR, MUNICH CLIMATE INSURANCE INITIATIVE (MCII)

Find further information about the event HERE

Organiser: KfW

Role for MCII: Presenter

Panel Speakers:

• Stephan Opitz (Member of the Management Committee, KfW): Opening, introduction
• Ingrid-Gabriela Hoven (tbc): Political Framing
• Anders Levermann (Lead author of the Sea Level Change Chapter of the Intergovernmental Panel on Climate Change, Potsdam Institute for Climate Impact Research): Porjections on Sea Level Rise
• Jochen Hinkel (Head of Adaptation and Social Learning, Global Climate Forum): Impacts on coastal zones

Panel discussion: Impacts on Coastal Zones

• Minister of an affected country (tbc)
• Saleemul Huq (Director, International Centre for Climate Change and Development)
• Ms. Solis Trejo (Undersecretary of Tourism, Mexico) (tbc)
• Jochen Hinkel (Head of Adaptation and Social Learning, Global Climate Forum)
• Stéphane Hallegatte (Senior Economist, Climate Change Group, World Bank Group): Priorities and best practice examples for action

Panel discussion: Challenges and options for climate-resilient infrastructure investments in coastal zones

• Kenrick R. Leslie (Executive Director, Caribbean Community Climate Change Centre)
• Wiebe de Boer (Portfolio coordinator Coastal Development, Deltares)
• Michael Szönyi (Flood Resilience Program Lead, Zurich Insurance Group)
• Stéphane Hallegatte (Senior Economist, Climate Change Group, World Bank Group)
• Daniela Jacob (Director of Institute, Climate Service Center Germany – GERICS)

Conslusions

• Soenke Kreft (Executive Director, Munich Climate Insurance Initiative)
• Marc Engelhardt (Director, Department for Development and Sector Policies, KfW)

Find more information about the event HERE

Organiser: MCII (UNFCCC)

Panel Speakers:

• Soenke Kreft (MCII): State of play on CRI in the negotiations in 2017 and what we expect from COP-23.
• Sara Jane Ahmed (Institute for Climate and Sustainable Cities): V20 perspective on climate risk insurance
• Simone Ruiz (Allianz Climate Solutions): Perspective of the private sector on what needs to happen in the countries that intend to implement CRI going forward? What do insurers expect from COP-23?

Watch the webcast, HERE

Find more information about the event HERE

Summary Description:

The meeting will bring together different government officials and planners from various national institutions involved in the different processes of climate and disaster risk management with a focus on developing countries. The main goal is to assess current benefits and challenges of integrating risk transfer and insurance into overall climate risk management strategies in developing countries. By consulting government officials from developing countries and expert planners, this meeting seeks to:

• Engage delegates and experts to analyze the challenges and benefits of integrating climate risk insurance into their national adaptation strategies and disaster risk management plans.
• Discuss and gather different cross-disciplinary perspectives to ascertain where insurance could pro-actively contribute to other existing risk management measures in developing countries.
• Determine the value of government officials using a climate risk insurance toolbox for operations and planning across key departments in the agricultural sector.
• Provide networking and partnership opportunities for delegates attending COP23.

Expected outcomes of the meeting:

• Participants gain a sneak preview of the existing Toolbox on Climate Risk Transfer for developing countries and find an early copy after publication.
• Delegates learn and share their experiences on national adaptation planning and disaster risk management from their respective countries.
• Organisers gather valuable recommendations on how a Toolbox on Climate Risk Transfer for developing countries can be further developed as well as their inputs on the findings of the Toolbox testing in Ghana.

Panel Speakers:

• tbc (BMUB): High-level Welcome Note
• Soenke Kreft (MCII): Setting the Scene and the Need for Integrated Climate Risk Management
• Matthias Range (GIZ): Enabling Climate-resilient Development Pathways
• Gaby Ramm: Developing an Integrated Climate Risk Management Approach
• Charlotte Norman (NADMO): Applying Insurance as a Tool to Address Climate Risk in Ghana
• Open Discussion with Participants

Download the Workshop Concept Note HERE

Organiser: MCII, DIE, LMF, PIK

Summary Description:

Globally, there is increasing concern of the impacts of extreme climate events on loss & damage of people and property. To support the WIM and the Clearing House for Risk Transfer (UNFCCC), innovative decision support tools are needed focusing on climate insurance solutions. Within this Side Event, MCII and DIE will present the results of an analysis on climate risk insurance in the NDCs, which DIE has summarised and visualised in its online tool called NDC Explorer. In addition, MCII will discuss the potential of the Economics of Climate Adaptation (ECA) framework to quantify the benefits of adaptation measures and insurance within a climate risk management approach. Moreover, the Oasis and PIK will present the concept of Oasis Loss Modelling Framework and the Oasis Hub, which provides a standardised, transparent and comparable climate risk assessment software and data market place. The H2020_Insurance initiative further explores floods, forest fires, typhoon and public health risks in Europe and agricultural risks in Eastern Africa and potential links to insurance systems.

Panel Speakers:

• Christoph Gornott (PIK)
• Tracy Irvine (Oasis Hub Ltd.)
• Maxime Souvignet (MCII)
• Julie Calkins (Climate-KIC)

Find further information HERE

Date & Time: 14 Nov, 18:15-20:15

Organiser: Momentum for Change

Role for MCII: Award winners for the ‘Financing for Climate Friendly Investment’ category

Momentum for Change: Financing for Climate Friendly Investment was launched in November 2012 to recognize successful financial innovations for adaptation and climate mitigation. It showcases climate activities promoting low-carbon growth and highly resilient communities through the use of innovative financing mechanisms.

MCII was nominated and awarded for their lighthouse activity: Climate Risk Adaptation and Insurance in the Caribbean.

Insurance solutions can play a significant role in dealing with the consequences of climate change. Mirroring its approach at the international level we have convened public and private stakeholders to develop the Livelihood Protection Policy (LPP), a parametric index-based micro-insurance product as a response to the vulnerability poverty nexus in the Eastern Caribbean.

To read more about our light house activity and why it was chosen as a winner for the Momentum for change award, click HERE.

Below you will find highlights of the Momentum for Change events and activities during COP23, including the introduction video to the award category, as well as the summary video and live webcast of the showcase event.

Financing for Climate Friendly Investment: Narrated by Nicholas Stern, Chair of Grantham Research Institute, London School of Economics:  HERE

Showcase Event Summary: HERE

Showcase Event Webcast: HERE

Facebook live stream: Financing for Climate Friendly Investment: HERE

Lighthouse Activity Webinar: HERE

Our chairman Peter Hoeppe and project partners Severin Francois (EC Global) and Isaac Anthony (CCRIF) presented the MCII lighthouse activity ‘Climate Risk Adaptation and Insurance in the Caribbean’ on a roundtable panel with the other ‘Finance for Climate Friendly Investment’ winners in the Climate Action Studio at COP23. To see the recording of the panel discussion, click HERE

Organiser: InsuResilience Secretariat

Role for MCII: Session Organiser

Summary Description:

Properly designed risk transfer insurance solutions, embedded into comprehensive risk management frameworks, can play an important role in supporting people and countries in increasing their resilience. However, poorly designed and/or implemented climate insurance may reduce incentives for risk reduction thus increasing moral hazard and potentially lowering resilience. Products therefore need continuous evaluation based on appropriate resilience indicators. So far, evidence on the impact of climate risk insurance products on vulnerable populations is limited to experimental settings, and existing analysis often lacks a resilience lens. The workshop will discuss conceptual gaps, innovative frameworks for resilience measurement in the context of insurance, as well as potentials for collaboration regarding impact evaluations of insurance schemes.

Panel Speakers:

• Craig Churchill (ILO Impact Insurance Facility): Moderation and introduction to the session.
• Andrew Mude (ILRI, on IBLI Project): Experimental settings – methodological breakthroughs in CRI impact evaluation? What can be done in a controlled setting? What were challenges faced?
• Fabio Bedini (WFP, on R4 Project): Challenge of evaluating insurance in a bundled intervention?
• Ulrich Hess (GIZ, on Zambia Case Study): How to conduct high-quality impact evaluation in a business context? Are RCTs feasible or is it preferred to make use of quasi-experimental?
• Abbie Clare (London School of Economics): How can we improve traditional impact evaluations? How would you best measure impacts on people’s resilience? The subjective component

*Please note this event is closed and attendance is by invite only*

See the full agenda HERE