This workshop is the second in a series of OECD workshops that aim to inform and feed into the OECD project on losses and damages.
Losses and damages from climate change
The objective of this OECD project is to prepare a report that will explore climate impact projections as well as different types and levels of relevant uncertainties and what they mean for approaches to managing such impacts. On that basis, it will provide an overview of existing and emerging approaches and the key scientific and socio-economic issues relevant to limiting and managing the risks of losses and damages from climate change in the context of uncertainty. The role of policy, finance and technology will be highlighted. This will be complemented by a discussion on how these different approaches affect incentives for action at national, regional and international levels. The analysis will be global in scale but throughout the circumstances of different geographic areas or groupings will be highlighted with a particular focus on Least Developed Countries and Small Islands Developing States. This will result in a report that will be launched around the time of COP26.
Workshop on managing the risks of losses and damages from climate change
This second workshop will facilitate a discussion on approaches to limit and manage the risk of losses and damages from climate change, focusing on the role of policy and finance. The workshop will explore how different approaches can inform risk management in the context of deep uncertainty to build resilience and how they affect incentives for action.
The workshop will be held as a virtual event (using Zoom), under the Chatham House rule. The key outcomes of the discussion will be summarised in a short note following the workshop (with no attribution).
Session 1: The role of policy in reducing and managing the risks of losses and damages from climate change
Session 2: The role of finance in reducing and managing the risks of losses and damages from climate change