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First Meeting of the WMO Expert Advisory Group on Financial Risk Transfer

13-14 December 2011, WMO Headquarters, Geneva, Switzerland

Group Picture

Last update 27 Feburary 2012

Workshop Documents
Final Report
Doc 1 Agenda
Doc 2 Background on the WMO Initiative for Provision of Meteorological, Hydrological and Climate Services for Financial Risk Transfer
Doc 3 Membership and Draft Terms of Reference of the WMO Expert Advisory Group on Financial Risk Transfer
Presentations of the Sessions
Session 1
Opening and introduction
  Background on the establishment of EAG-FRT and objectives
Dr. Maryam Golnaraghi (WMO)
Session 2
Disaster Risk Financing and Financial Risk Transfer Markets Related to Weather, Hydrological and Climate Extremes in a Changing Climate (User Perspectives)
  Advancing adaptation through climate information services – Results of a global survey on the information requirements of the financial sector – Mr Remco Fischer (UNEP FI)
  Perspectives of insurers, reinsures and insurance brokers -
Mr Rowan Douglas (Willis Re)
  Disaster risk financing in the agricultural sector (traditional insurance and ART mechanisms)
Dr. Jerry Skees (University of Kentucky)
Traditional and Alternative Risk Transfer Markets (Physical assets and property) and Needs for Meteorological, Hydrological and Climate Services
 
    Challenges and opportunities for disaster risk financing from policy to development within a changing climate (traditional insurance and ART mechanisms) - Discussion with Mr Olivier Mahul (World bank)
 
  Insurer perspectives on climate change adaptation - Results of a global survey – Mr Remco Fischer (UNEP-FI)
Agricultural Risk Transfer Mechanisms (traditional and ART) and Needs for Weather and Climate services
  The World Bank Agricultural Risk Management Team -
Mr Carlos Enrique Arce (World Bank)
  The potential for scale and sustainability in Weather Index Insurance for agriculture and rural livelihoods - Mr Richard Choularton (WFP) and Mr Francesco Rispoli (IFAD)
Session 3
Research and Operational Meteorological, Hydrological and Climate Services to Support Target FRT Markets and Lessons Learned
  Overview of WMO, its Coordinated Operational Network and the Global Framework for Climate Services (GFCS) -
Dr. Geoffrey Love (WMO)
  Agrometeorological Risk Management: Russian experience -
Dr. Alexander Kreschenko
    (All-Russian Scientific Research Institute for Agricultural Meteorology)
  Financial Risk Transfer - MetMalawi Experience - Mr Adams Chavula (Meteorological Service of Malawi)
  Highlight of the relevant research areas under the World Climate Research Programme – Dr. Michel Rixen (WCRP)
  Research on High Impact Weather – Dr. Deon Terblanche (WWRP)
Background Documents

Expert Meeting on “Requirements of the Catastrophe Insurance and Weather Risk Management Markets for National Meteorological and Hydrological Services’ Products and Services” 5-7 December 2007, Geneva Switzerland

"Climate Services, Catastrophe Risk and Capital Markets - How Climate Services are Set to Become Embeded with Insurance Regulation", Third Sesssion of the Global Platform for Disaster Risk Reduction, 8-13 May 2011, pp 54

Financial markets drive demand for climate models by Rowan Douglas, WMO Bulletin 60 (1) - 2011

Survey of financial firms outlines climate information needs by the UNEP Finance Initiative, WMO Bulletin 60 (1) - 2011

Bring financial and scientific analysts together Interview with Dominic Waughray, WMO Bulletin 60 (1) - 2011

Some Frequently Asked Questions: The Global Framework for Climate Services, WMO Bulletin 60 (1) - 2011

GlobalAgRisk Inc. Publications

Weather Index Insurance for Agriculture: A Guidance Paper for Development Practitioners, The World Bank, November 2011

Administrative and Logistical Information

Inf 1

Information Note for Participants (Hotel, Transport, Insurance, etc)

 

For any additional information please contact:

Dr Maryam Golnaraghi
Chief, Chief of Disaster Risk Reduction Division
World Meteorological Organization
7bis,avenue de la Paix
Case postale 2300
CH-1211 Geneva 2
Switzerland
Tel: + 41-(0) 22-730-8006
Fax: + 41-(0) 22-730-8128
Email: mgolnaraghi@wmo.int

 

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