Economics of DRR

The new Principles for Responsible Banking (PRB) Climate Adaptation Target Setting guidance aims to help banks accelerate their efforts on managing climate-related impacts and financing climate adaptation.

This report summarizes AR6 Working Group II findings, enabling them to be translated into actionable information for national and regional policy-makers.

The deal itself leaves much undecided and has been met with criticism by climate justice advocates and front-line communities.

Money offered so far falls far short of estimated $400bn in losses developing countries face each year

This working paper highlights Armenia’s progress and needs in scaling up finance for comprehensive adaptation investments and fiscal planning to deepen resilience to climate change.

This report analysed financial flows for disaster risk finance in Kenya, focusing on anticipatory mechanisms at the earlier stages of the Disaster Risk Management (DRM) cycle, between disaster mitigation and resilience to early action and timely response.

Wars and insecurity can complicate getting help to the people who are most at risk from climate-change-related threats. Requirements for donors also stand in the way of cash flow to fragile countries but tracking how money is spent can be more difficult.

In the 2015 Paris Agreement, the world’s wealthiest countries pledged US$50 billion annually to support climate adaptation. Eight years later, it is clear that this money is failing to reach vulnerable “frontline communities”.