Governments meeting at COP25 must invest more in risk-reduction strategies and minimise the loss and damage experienced by poorer communities – now.
by Bijay Kumar, GNDR Executive Director
GNDR members and secretariat staff are attending the yearly United Nations Climate Change Conference on 2-13 December 2019 in Madrid. We’ll be advocating for an increase in funding for resilience building at the local level, and greater involvement of at-risk communities in decision-making.
Climate change is increasing the frequency and intensity of natural hazards, and combined with economic inequality, is already causing lives, incomes and assets to be lost and damaged.
The poorest and most marginalised people are often disproportionately impacted – particularly those in the global south. They don’t have the money, resources and political structures to withstand or recover from extreme weather events like flooding or droughts.
Governments must take action to mitigate climate change by reducing greenhouse gas emissions. But mitigation initiatives can’t be the only solution. We need to adapt to the consequences of climate change, and address current and potential loss and damage – not only by transferring risk via insurance but by taking action to reduce risk.