22nd September 2021

V20 Group and the IDF call for joint collaboration and international support to strengthen global physical climate risk management capabilities
Trend

The Insurance Development Forum(IDF) and the Vulnerable Twenty(V20) Group of Ministers of Finance shared their joint vision to establish a global public private partnership on risk and resilience analytics and underscored the necessity to develop risk analytics based on country demand in a roundtable on the margins of the United Nations General Assembly with the theme “Strengthening Global Physical Climate Risk Management Capabilities”.
Special Envoy Abul Kalam Azad, of the CVF and V20 Presidency of the People’s Republic of Bangladesh, underscored the necessity to develop risk analytics based on country demand and built on “an inclusive process, commensurate with ground truths”.He also highlighted that Bangladesh’s comprehensive risk management and adaptation program in the Mujib Climate Prosperity Plan, “attempts to mobilize resources to secure reduced climate impacts”.

IDF Trends(11 articles)