Disaster risk reduction strategies and risk management practices: critical elements for adaptation to climate change

This submission addresses the risk-related elements referred to in the Bali Action Plan, namely disaster reduction strategies and risk management including risk sharing and transfer mechanisms. It adds further background in respect to the submission to Parties on 29 September 2008 from the ISDR titled “Proposals for the AWG-LCA Chair’s Assembly Document on Enhanced Action on Adaptation” (attached as Annex 1) and the Munich Climate Insurance Initiative (MCII) submission to AWG-LCA.

Within the risk management section it provides a particular focus on humanitarian response to disasters, as this has received little attention in the climate change negotiations to date and is very relevant to climate-related risks. Given that climate change impacts will almost certainly lead to more disasters it is an area that requires further consideration.