ORGANIZER(S): Mutual Exchange Forum on Inclusive Insurance (MEFIN)
Type: Meeting or Conference Date: 29 - 30 Sep 2020 Location: Online event
Although COVID-19 affects people across the world, the informal sector – low-income households often dependent on informal livelihoods and the informal micro and small enterprises – are disproportionately susceptible to its risks and adverse impacts. The difference in socio-economic factors, such as the lacking social protection and financial assistance mechanisms to the informal sector, leads the pandemic to intensify poverty and inequality.
Disasters, whether those arising from pandemics or climate change, put at risk not only people’s livelihoods but also their lives. Although these risks can be mitigated and prepared for to some degree, residual risk will always remain. This poses an opportunity for the insurance sector to understand and transfer the remaining risk to ensure that especially the vulnerable populations would be more resilient to the risks and impacts of disasters. Regular dialogue of the insurance industry with the financial services regulators, social protection agencies and climate disaster management authorities is key to sustainable delivery of risk finance solutions for the informal sector.
The aim of the 9th edition of Public-Private Dialogue (PPD9) – four-series of webinars which will be held on 29-30 September 2020 - is to explore the role and possibilities of the insurance sector to help the low-income households and informal businesses to better cope with climate and disaster risks via appropriate disaster risk finance (DRF) solutions. More specifically, the webinar series aims to:
To attain these, PPD9 involves four one-hour webinar sessions, each corresponding respectively to one learning objective:
PPD9 Session 1: Social Insurance and Protection for the Informal Sector
PPD9 Session 2: Diversity in Informal Sector & What It Means for Insurers
PPD9 Session 3: The Need for Demand-Driven Disaster Risk Finance Solutions
PPD9 Session 4: Role of Insurance in Managing Disasters for the Vulnerable
To register for free, visit the link provided.
Event website: http://www.bit.ly/mefin-ppd9
Short URL: https://www.preventionweb.net/go/73656