Building financial resilience in a changing climate

Flooding is one of the most common, wide-reaching and destructive natural perils, affecting tens of millions of people around the world each year and causing, on average, more than USD 200 billion in damages. The financial management of flood risk presents a significant policy challenge in many countries, requiring careful consideration of the relative effectiveness various tools to manage flood risk, from investments in risk prevention and public awareness, to the use of risk transfer tools to protect against significant post-disaster costs.

The conference on "The financial management of flood risks: Building financial resilience in a changing climate"  provided an opportunity to exchange knowledge and share experience on effective approaches to managing flood risk. 

MEETING DOCUMENTS

Programme

Speaker biographies

Summary of proceedings

PRESENTATIONS

Session 1 The evolving nature of flood risk – understanding flood drivers and impacts

Session 2 Flood risk – a public financial management challenge

Session 3 Building financial resilience against flood risk in developing countries (co-organised with the World Bank)

Session 4 Managing flood risk at the city-level

Session 5 Protecting households against flood risk – comparing the different approaches across OECD countries

Session 6 Supporting insurability and affordability – challenges and innovations 

DOCUMENTS AND LINKS

Financial management of flood risk (OECD 2016)

Financial instruments for managing risks related to climate change

Disaster Risk Financing: A global survey of practices and challenges

Disaster Risk Financing in APEC Economies: Practices and Challenges

G20/OECD Methodological Framework on Disaster Risk Assessment and Risk Financing

CONTACT

Mr. Leigh Wolfrom: leigh.wolfrom@oecd.org

The organisation of this event was supported by a financial contribution from Zurich Insurance.‌