Knowledge Hub - IDF Blog

Selwin Hart addressed attendees during the Insurance Development Forum's COP 26 event in Glasgow, Building Resilience in a Riskier World: Actions towards a climate resilient future.

Find out more about the Insurance Development Forum's approach to making risk understanding accessible to all through the establishment of the Global Risk Modelling Alliance. 

Climate change is a very real and increasing threat, especially for those societies which are most vulnerable; but there is hope to combat the impacts of these effects.

The insurance and private finance sectors play a vital role in meeting the challenges posed by the climate crisis: together they hold the data – and the finance – to help build resilience.

Extreme weather-related loss events have tripled since the 1980’s, and yet the protection gap in the developing world is growing.

The IDF Summit explored climate change response plans during its session ‘In Conversation with Countries: Covid Response, Adapting to Climate Change and Building Resilience: Managing Constrained Public Finances’, which was moderated by Stefan Dercon, Professor of Economy Policy at the Blavatnik School of Government and the Economics Department at Oxford University.

We were delighted to catch up with Matthias Range, Head of Unit for Disaster Risk Finance & Insurance at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), to continue our series of blogs and articles on key figures behind the establishment and ongoing development of the Insurance Development Forum (IDF).

“The IDF is a unique programme for the UN because of the level of engagement with the private sector.”