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2nd InsuResilience Global Partnership Forum

A model to shift from responding to disasters to managing risks

The Start Network will be co-leading a breakout session during the 2nd Insuresilience partnership forum on ways humanitarian actors can pilot climate insurance.

Date and Time:  10 December 2018, 9am - 17:30 (CET)

Location: Park Inn Hotel Katowice, Poland

 

At COP23, the InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance Solutions was launched to strengthen the resilience of developing countries and to protect the lives and livelihoods of poor and vulnerable people against the impacts of disasters. Its annual Partnership Forum is an interactive platform that brings together all members and partners – from governments to representatives of international organizations, civil society, the private sector and academia – to exchange knowledge, experience and ideas on risk finance and insurance.

 

Start Network at the Insuresilience partnership

Emily Montier, manager of the Risk Financing team at Start Network and Selamawit Ogbachristos from the World Food Programme (WFP) will be leading a breakout session on ways humanitarian actors can pilot climate insurance.  See below for more information on the event.

Location: Room TBA | Park Inn Hotel Katowice, Poland

Session Title: A Model to Shift from Responding to Disasters to Managing Risks – the example of ARC Replica

Session Lead:  Emily Montier, Start Network and Selamawit Ogbachristos, WFP

Moderator: Emily Jones, WFP

Contributors: Papa Zoumana Diarra, African Risk Capacity (ARC), Moustapha Cheikh Abdallahi, Commissariat à la Sécurité Alimentaire, Government of Mauritania, Dr Annette Detken Head of Division Competence Center Financial Sector Development, KfW

A model to shift from responding to disasters to managing risks– the example of ARC Replica.

This session will explore how humanitarian actors can support and leverage sovereign level climate risk insurance to enable quicker and more effective humanitarian responses, through the lens of the two-year Africa Risk Capacity (ARC) Replica pilot in West Africa. The session leads will provide an overview of the first year of the ARC Replica pilot, which took place in Mali, Mauritania and Senegal, focusing on lessons learned. Perspectives on the opportunities and challenges presented by the Replica scheme will be shared by the Replica partners; WFP and Start Network, a representative from one of the Replicated country governments, ARC Agency and KfW, the pilot’s main donor. This will be followed by a group discussion of session participants, the outputs of which should help inform how we approach the second year of the pilot and beyond as well as how the global partnership might support countries and partners to engage more in risk financing for effective humanitarian response. 

Goal

Through group discussion we aim to come up with recommendations on how macro level risk financing and insurance could contribute to effective humanitarian response and how the stakeholders within the global partnership could practically and concretely support governments and humanitarian partners in the continuation and scale up of macro level insurance mechanisms so that it can be used to protect more lives and livelihoods in climate risk prone areas. Specifically, the session will consider discussing the following based on the lessons learned in west Africa Replica pilot:

  • Sovereign risk pools – come up with recommendations on how humanitarian actors could effectively work with sovereign risk pools – both in replica arrangements or potentially in other ways.
  • Replica arrangements – come up with recommendations on arrangements that seek to coordinate and leverage sovereign investments in climate risk finance, both through sovereign risk pools or potentially in other ways  

 

How to join

To participate in the Partnership Forum, please fill out the online registration form by 20th November 2018. Please note that the event will take place outside of the official COP24 zones, so you will not need accreditation with UNFCCC in order to participate. We strongly recommend booking your accommodation as soon as possible, since the hotel situation in and around Katowice is tight. For more detailed information on the Partnership Forum, please click here to visit the event website.



Click here to register

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