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Introduction to climate and disaster risk management and financing

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Introduction to climate and disaster risk management and financing

Year Published

2023

Contributing Organizations

Frankfurt School of Finance & Management
Global Shield Solutions Platform (GSSP)

Type of Resource

Other

Languages

English
French
Spanish

Relevant Topics

Core Topic
Insurance
Topic 2
Risk Management

Target Audience

All

Relevant Geography

Global
Introduction to climate and disaster risk management and financing

Resource Description

This resource introduces climate and disaster risk management and financing, emphasizing pre-arranged financial protection for vulnerable communities.

Why This Matters

Stronger risk financing improves resilience and ensures faster, more reliable disaster response.

Key Insights

  • Defines risk as hazard × exposure × vulnerability
  • Covers phases: prevention, retention/transfer, preparedness, response, and recovery
  • Explains use of savings, loans, insurance, and risk layering for different shocks
  • Highlights ex-ante tools (parametric insurance, contingent credit) and ex-post options (budget reallocations, donor aid)
  • Notes the need for data, policy frameworks, and insurance market capacity
  • Describes Global Shield support with pre-arranged finance, in-country processes, and €200m in donor funding

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