That is why disaster risk financing, especially when it comes to post-event response, plays a vital role in developing economies across the globe. Financing that strengthens the management of risks associated with exposed assets, lessening the vulnerability of people and property, improves the management of land, water, and the environment.
Climate-related disasters have increased significantly in frequency and severity, and climate change is expected to intensify losses, especially in poor and developing countries. According to Munich Re, from 1980 to 2018, global climate-related disasters rose steadily from around 200 events a year (with less than US$50 billion in total losses) to around 800 events (with over $150 billion in total losses).
Over the last two decades, financial markets, governments, and the development community have introduced important innovations in disaster risk finance, giving rise to new or improved funding sources to build resilience before disasters happen and to respond, recover, and rebuild after disasters strike. Given the urgency and scale of the challenges developing countries face, pressures to scale up both categories of disaster risk finance are intense.
The Post-disaster Risk Finance Options & Instruments workshop will bring a comprehensive overview of available post-disaster finance instruments and reveal best practices around the globe with an analysis of its potential implication and availability for the countries of the ECIS region.
The workshop is targeted at representatives of regional and country offices of UN agencies, National Focal Points of international conventions, relevant government agencies (e.g. Ministries of Emergency Situations, Environment, Communications), researchers and civil society as well as catastrophe (re)insurance practitioners working with ECIS or other regions: underwriters, brokers and reinsurance managers.
The Post-Disaster Risk Finance Options & Instruments workshop continues the series of joint UN-CEU training events under the ISEPEI Project "Bridging ICTs and the Environment". The ISEPEI Project aims to address the gap between geospatial industry and environmental practitioners by providing in-service education and professional training for environmental decision-makers and practitioners, who are in a position to greatly benefit from this data revolution to better shape management strategies and to make more informed, data-driven decisions.
- Venue: Central European University, Budapest, Hungary
- Date: 4 - 5 July 2020
- Deadline for applications: 14 February 2020