here - Munich Climate-Insurance Initiative

climate.insurance.org

here - Munich Climate-Insurance Initiative

Munich Climate Insurance InitiativeWorkshop on the identification of gaps and challenges in the implementationof risk management approaches to the adverse effects of climate change10–12 October 2011, Lima, PeruMCII lunchtime** side event:„What can insurance deliver for adaptation:Frequently asked questions, opportunities, challenges“Speakers:Date:Time:Location:Format:Moderator:Invited experts: CCRIF, Willis Re, WeatherBill, World Bank, GlobalAg RiskInvited delegates: Australia, Bangladesh, Mexico, Switzerland, EU, Tanzania,Barbados, US, SamoaTuesday, 11 October12:30 – 14:00 (please see agenda below)Sonesta Hotel (room will be announced)Moderated expert inputs & audience discussionKoko Warner, MCII**Lunch will be available for participants in this workshop, courtesy of MCIIDescriptionIn the course of 2011, Parties will decide on elements to be included into a Work Programme on Loss& Damage under the SBI. Insurance for weather-related extremes has been discussed as onepossible part of a wider risk management and adaptation approach under the Framework Convention.The MCII side event in Lima aims to help delegates explore what insurance can deliver for adaptation.The lunchtime side event brings a distinguished, small group of experts together to address frequentlyasked questions by delegates about the costs, benefits, functions, what risks can be addressed, whatdifferent roles the public and private sector do and can play, what are the gaps (like information), andwhere are there opportunities for innovation.The side event will help prepare Parties think about when and where insurance tools may complementtheir own national and community risk management plans. The experts will help point out what hurdlesneed to be overcome, and what steps could be taken if Parties wanted to further exploreimplementation of climate risk insurance approaches. MCII hopes that this side event will supportParties to examine risk management tools and how to move from ideas to implementation.We invite further expert insights on challenges, lessons learned and ways forward on insurance as acomplementary tool in broader adaptation efforts.Objectives of the session on the global insurance industry statementThe purpose of this side event during the June Climate Talks in Bonn is threefold:1. To give an overview of basic principles for insuring weather-related risks to tackle loss &damage at the regional and community level;2. To explore areas of innovation in insuring weather-related risks, and look at ways to link theavoidance or reduction of loss and damage with insurance approaches in ways that fosteradaptation opportunities;Contact: Koko Warner (warner@ehs.unu.edu) | www.climate-insurance.org


Munich Climate Insurance Initiative3. To address delegate questions regarding the costs, benefits, design, implementation steps,gaps, and opportunities for weather-risk insurance to complement wider risk managementapproaches and adaptation.Programme outlineIntroduction &ModerationKoko Warner, MCII12:30 – 13:15Expert PanelSimon Young, Caribbean CatastropheRisk Insurance Facility (CCRIF)Manuel F. Almenara, Willis Re*WeatherBill, Enrique Zambrano*World Bank, Margaret Arnold*Delegate interventions (tbc)The experts will discuss:Expert practitioner and insurers´perspectives on risk aggregation andhelping affected communities managingextreme weather risksOvercoming barriers around data,capacity and back-up mechanisms insustainably designing and implementingweather-related insurance programs forvulnerable and low-income groups.Delegate perspectives and questions13:15 –14:00 Audience DiscussionAdditional guidelines for expertsPlease prepare any visual materials needed using power point (an electronic projector will be availableat the conference) and give this to kreft@ehs.unu.edu by lunchtime 11 October 2011. If you object tohaving your presentation put to the MCII website (as a .pdf), please let us know.Share real-world experiences or pilot applications, and illustrate them with clear examples.Be forthcoming about challenges (operational and political), and limitations in their approaches, as wellas practical suggestions as to how these might be addressed. Of course, success stories are also verywelcome – the latter are key to the learning experience.AudienceThe main target group for the side event is delegates from Parties to the UNFCCC. Additionally, theaudience will be very diverse, ranging from climate negotiators working on adaptation funding orNGOs and international organizations over representatives of the different country delegations to theprivate sector. The audience will mainly include policy makers but also academics, researchers and/oradvocacy groups.About MCIIThe Munich Climate Insurance Initiative (MCII) was launched in Munich in April 2005 in response tothe growing realisation that insurance-related solutions can play a role in adaptation to climate change,as advocated in the Framework Convention and the Kyoto Protocol. This initiative, hosted at theUnited Nations University Institute for Environment and Human Security (UNU-EHS), in Bonn(Germany), brings together insurers, experts on climate change and adaptation, NGOs, and policyresearchers intent on finding solutions to the risks posed by climate change. MCII provides a forumand gathering point for insurance-related expertise on climate change impact issues. www.climateinsurance.org.Contact: Koko Warner (warner@ehs.unu.edu) | www.climate-insurance.org

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