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Friedrich-Ebert-Allee 32, 53113 Bonn, Germany
Bonn
Germany
Employees
Scale: 11-50
Estimated: 17
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2 years, 5 months agoOur goal is to facilitate more and better pre-arranged finance against climate and disaster risks
Launched at COP27 by the V20 Finance Ministers (V20) and the Group of Seven (G7), the Global Shield against Climate Risks aims to increase protection for vulnerable people and countries and contribute to effectively addressing losses and damages exacerbated by climate change. The Global Shield promotes an inclusive, gender-sensitive, and demand-driven process, which is led by the vulnerable countries’ governments. To achieve its vision, the Global Shield will use evidence-based, systematic, and inclusive analyses of countries’ protection gaps, and apply these analyses to design, fund, and facilitate interventions to address these gaps.
The objective of the Global Shield is to increase financial protection for vulnerable people by providing more and better pre-arranged risk finance against climate-related disasters. Climate and Disaster Risk Finance and Insurance provides quick and reliable funding when climate impacts materialize, which in turn helps governments, people, and businesses to act earlier and respond more effectively. The Global Shield will support countries in acquiring needs-based financial protection in a systematic, coherent, and sustained way, leveraging a broad and diverse landscape of institutions. Countries are supported in identifying and implementing the most cost-effective solutions to cover their protection gaps. Protection gaps can be defined as risks that cannot be mitigated through risk prevention or risk reduction, and for which no financial protection is yet in place.
Climate Risk Insurance
Corporate | Type | Tweets | Articles | |
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McKinsey & Company Consulting, Business Consulting and Services | McKinsey & Company Consulting, Business Consulting and Services | Other 15 Dec 2020 | | |
USAID Competitive Economy Project Startup accelerator & VC, Business Consulting and Services | USAID Competitive Economy Project Startup accelerator & VC, Business Consulting and Services | Other 28 Oct 2021 | | |
UK Export Finance National and local authorities, Financial Services | UK Export Finance National and local authorities, Financial Services | Other 24 Nov 2021 | | |
Chatham House Think Tanks | Chatham House Think Tanks | Other 19 Feb 2022 | | |
SEI — Stockholm Environment Institute Research, Research Services | SEI — Stockholm Environment Institute Research, Research Services | Other 28 Sep 2020 | | |
Munich Re Insurance | Munich Re Insurance | Other 6 Jul 2020 | | |
MAPFRE Insurance | MAPFRE Insurance | Other 10 Dec 2019 | | |
Allianz X Insurance, Venture Capital and Private Equity Principals | Allianz X Insurance, Venture Capital and Private Equity Principals | Other 1 Jun 2021 | | |
OECD - OCDE International development, International Affairs | OECD - OCDE International development, International Affairs | Other 17 Mar 2023 | | |
Agence Française de Développement International development, Banking | Agence Française de Développement International development, Banking | Other 6 Oct 2020 1 Jun 2024 | | |