Sendai FrameworkWords Into Action

Implementation guide on finance, insurance and risk transfer

Implementation of the Hyogo Framework for Action through 2005-2015 demonstrated that unless disaster and climate risks were better reflected in the determination and movement of capital across economic systems and markets, the world’s ability to control the creation of new risk would be severely impeded. The first guide will focus on providing examples, good practice and ideal principles of cooperation between key stakeholder groups to reduce disaster risks in various aspects of the financial system. This second guide can offer insight into how risk transfer and insurance solutions can provide protection to populations, including those underserved, and societies at risk, as well as contribute to risk-sensitive planning, regulation and investment.

2 Topics - see below

Contact: Marc Gordon (gordon6@un.org)

Call for Contributions - Topic 1

 
 
 
 
  • Concept note: Disaster risk in the financial system - Topic 1

    The target is to integrate disaster and climate risk considerations across insurance regulation by 2020, and within banking and securities regulation before/by 2030.

    View concept note and contact details [PDF]

WCDRR Working sessions

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Call for Contributions - Topic 2

 
 
 
 
  • Concept note: Insurance and risk transfer - Topic 2

    This guide can provide models at different scales and geographies, potentially disaggregated by economies and sectors, of what the Sendai Framework notes are ‘…mechanisms for disaster risk transfer and insurance, risk sharing and retention and financial protection…for both public and private investment’.

    View concept note and contact details [PDF]

WCDRR Working sessions

Related topics

Related networks and communities