Governments increasingly rely on climate and disaster risk models to inform public spending, design insurance solutions and prepare for future shocks – but inappropriate risk estimates can leave public finances exposed and vulnerable communities without adequate support.
Today, the Global Risk Modelling Alliance (GRMA) launches “Evaluating a Model’s Appropriateness for Climate & Disaster Risk Finance Decision Making” – a practical guide to help governments assess whether a model is suitable for the decisions they need to make.
