Managing climate risks: Social protection approaches and climate risk financing instruments for the poor and most vulnerable
Session at the Adaptation Futures 2020
German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), Red Cross Red Crescent Climate Centre (RCCC), German Institute for Development Evaluation / Deutsches Evaluierungsinstitut der Entwicklungszusammenarbeit (DEval), Northeastern University
A significant body of literature establishes the critical role of social protection in strengthening risk management and adaptive capacities of the poor and socially marginalized people to respond to climate change. Social protection instruments are generally categorized into i) social assistance, ii) social insurance and microinsurance, iii) social health protection, and iv) labour market interventions. Development aid for social assistance programmes is significant when compared with other development interventions and continues to expand. Yet, large coverage gaps remain, especially in regions where social protection systems are nascent, such as Asia, Middle East and North Africa, and Sub-Saharan Africa, which are also highly exposed and vulnerable to climate extremes and slow onset processes.
Climate-related funds established under international environmental treaties like the United Nations Framework Convention on Climate Change (UNFCCC) create opportunity for vulnerable developing countries to access finance for developing and implementing climate-responsive social protection interventions. Moreover, climate risk financing and insurance instruments, have recently emerged as an innovative approach to extend the social protection coverage with benefits for disaster risk reduction and climate change adaptation. However, it is widely recognized that we need to improve our understanding on how climate funds and risk financing can be effectively channelled through social protection.
To that end, this session will explore a number of critical questions.
1) What do we know about social protection as a tool for managing climate risk? In which ways can social protection address climate-related vulnerability and what is currently implemented?
2) How has social protection been integrated into projects funded by United Nations climate funds to date, and how does social protection align with the investment criteria of major climate funds such as the Green Climate Fund?
3) What is the role of climate risk financing instruments and under which circumstances are they suitable to manage climate risks? How can climate risk financing and social protection be integrated?
4) What are the challenging factors of channelling climate finance through social protection and risk transfer instruments and make them work for poor and vulnerable actors in the context of climate change?
5) What are the implications for building back better after the COVID-19 crisis through social protection approaches and climate risk financing instruments?
- Nambi Appadurai, Director, Climate Resilience Practice, World Resources Institute (WRI) India
- Ritu Bharadwaj, Senior researcher, International Institute for Environment and Development (IIED)
- Sayanti Sengupta, Technical Advisor, Red Cross Red Crescent Climate Centre (RCCC)
- Laura Kuhl, Assistant Professor of Public Policy and Urban Affairs and International Affairs, Northeastern University
- Kevin Moull, Evaluator, German Institute for Development Evaluation / Deutsches Evaluierungsinstitut der Entwicklungszusammenarbeit (DEval)
- Daniele Malerba, Senior Researcher, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), Bonn, Germany
- Mariya Aleksandrova, Senior Researcher, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) (tbc)
- Cecilia Costella, Senior Technical Advisor, Red Cross Red Crescent Climate Centre
Hinweis / Please note
Während unserer Veranstaltungen werden z.T. Foto- und/oder Filmaufnahmen gemacht, die für Zwecke der Veranstaltungsberichterstattung und allgemeinen Öffentlichkeitsarbeit in verschiedenen Medien veröffentlicht werden. Sie haben jederzeit das Recht, die Foto- oder Videograf*innen darauf hinzuweisen, dass Sie nicht aufgenommen werden möchten.
During our events photos and/or videos may be taken which may be published in various media for the purposes of documentation and PR activities. You have the right at any time to point out to the photographer or videographer that you do not want to be photographed or filmed.
06.10.2021 / 15:00 - 17:30
Phone +49 (0)228 94927-257
“Building Back Better” through social protection
Alkesandrova, Mariya / Daniele Malerba / Christoph Strupat (2021)
in: Bündnis Entwicklung hilft, Bochum: Ruhr University Bochum – Institute for International Law of Peace and Armed Conflict, 33-37
Reaching the poorest and most vulnerable: addressing loss and damage through social protection
Aleksandrova, Mariya / Cecilia Costella (2021)
in: Current Opinion in Environmental Sustainability (50), 121-128
The untapped potential of global climate funds for investing in social protection
Aleksandrova, Mariya (2021)
Briefing Paper 7/2021
Handbook on social protection systems
Schüring, Esther / Markus Loewe (eds.) (2021)
Cheltenham, UK: Edward Elgar