Countries need to build capacity and develop financial solutions for different climate risks, including those that can better address slow-onset events.
Xianfu Lu
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Xianfu Lu was ADB’s focal point for climate change adaptation until April 2019. Prior to joining ADB, she worked at UNDP’s Global Environmental Facility Unit and at the Secretariat of the UN Framework Convention on Climate Change. Trained as an applied meteorologist, she spent the first 10 years of her career researching climate scenarios and their use in climate change impacts and vulnerability assessments in different parts of the world.
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SDG: Goal 13: Climate Action
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Contingency finance is a risk retention approach for addressing loss and damage associated with climate change impacts.
SDG: Goal 13: Climate Action -
SDG: Goal 13: Climate Action
Several national and regional initiatives address the risks of loss and damage associated with climate change impacts.
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A financial instrument to help governments finance disaster relief and post-disaster reconstruction without over-stressing their fiscal budgets
SDG: Goal 13: Climate Action -
The lack of a dedicated financial mechanism to address climate-related loss and damage underscores the need for innovative ways to address this funding gap.
SDG: Goal 13: Climate Action -
Various financial schemes have been developed to cover some of the risks of loss and damage associated with climate change impacts.
SDG: Goal 13: Climate Action -
Risk reduction, retention, and transfer are risk management approaches that can be used to address loss and damage associated with climate change impacts.
SDG: Goal 13: Climate Action; Goal 14: Life Below Water; Goal 15: Life on Land -
Work has just started in defining and addressing the loss and damage from climate change that cannot be prevented by mitigation and adaptation efforts.
SDG: Goal 13: Climate Action