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 Climate risk management – concepts, instruments, results - giz.de

Climate risk management – concepts, instruments, results

Project description

Title: Global Programme Risk Assessment and Management for Adaptation to Climate Change (Loss and Damage)
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)​​​​​​​
Country: Global
Overall term: 2013 to 2022

© GIZ/CCCPIR: Construction of a shoreline reinforcement system in Tonga to protect coastal areas from rising sea levels and flood events

Context

Weather and climate-related losses and damages have increased dramatically in recent decades. Based on the latest results of climate modelling, researchers expect extreme weather events to occur more frequently as the climate gradually shifts. Although the impacts of climate change can be mitigated through adaptation measures and greenhouse gas reduction, losses and damages still continue to occur.

Integrated risk management cycle

Objective

German development cooperation has effective guiding concepts and instruments that are tried and tested to assess and manage climate risks. They are being implemented in regions heavily affected by climate change.

© GIZ/Global Programme Loss & Damage: A training session on climate risk management in Tanzania. The goal is to raise awareness and provide training to participants working in climate change adaptation and disaster risk management.

Approach

The project develops and promotes methods and concepts to assess and address climate risks. For this purpose, it has designed the climate risk management cycle (CRM), in which short-term extreme weather events and long-term climate risks are analysed and addressed with suitable measures.

A modular training course aimed at decision-makers in government, the private sector and civil society transfers knowledge to help analyse and address climate-related risks. More than 500 people in the South Pacific, Asia and West Africa have already participated in the training course.

The project also advises the German Federal Ministry for Economic Cooperation and Development (BMZ) on climate risk management. Since the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts (WIM) was founded in 2013, it has provided expert advice to BMZ in the context of the United Nations Framework Convention on Climate Change (UNFCCC) and the annual global Climate Change Conferences (Conference of Parties, COPs).

Last update: February 2022