How can we prepare the world’s #ports #coasts and #sids for sea level rise and storm surges - beyond anything we’ve seen before? Ports are the gateways for development and the hubs controlling maritime industries. So they are especially important to protect. Today #climateinsurance offers a variety of #catrisktools as described by IDF. The #insuranceindustry helps with risk modelling, pricing and innovation in risk transfer solutions. As investors, the industry’s asset-liabil

Climate and Disaster Risk Management (#DRM) has gained importance on international agendas, from the Paris Climate Agreement to the Sendai Framework for Disaster Risk Reduction. The main idea behind DRM is to focus on managing the risks that turn hazards into disasters. Traditionally, DRM focused on four phases of #climaterisk and #climateinsurance: Prevention, Preparedness, Response, and Recovery. However, as experts have pointed out, this approach misses an important phase:

This blog series focuses on #sustainablefinance for #coastlines and #islands #SIDS that face existential threats from #climatechange. At #oceanassets1, we are developing solutions to engage #responsibleinvestors, #blendedfinance and #climateinsurance in this challenge. Coastal and island nations are on the front lines of climate change. The combination of climate events with urbanisation makes these areas - where 60% of the world's population lives - even more vulnerable. Th