The group will help vulnerable countries access climate and disaster risk finance and insurance support packages via Global Shield.
The Centre for Disaster Protection has announced it has been selected to coordinate a technical advisory group of the Global Shield against Climate Risks.
The group of experts will support climate vulnerable countries to access Climate and Disaster Risk Finance and Insurance (CDRFI) support packages from the Global Shield.
Global Shield was created in November 2022 at COP27 in Sharm El-Sheikh by the Vulnerable Twenty Group (V20), the Group of Seven (G7), and other supporting countries.
It aims to offer better protection against climate and disaster-related risks for vulnerable people and countries.
“The centre is committed to working in partnership across sectors and geographies to drive more impactful and more equitable disaster risk finance that leaves no one behind,” said Sophie Evans, associate director, advisory at The Centre for Disaster Protection.
“Our primary focus will be on coordinating technical reviews of country requests and supporting the in-country process. In line with our values, and commitment to communicating emerging lessons, good practice, and guidance, reviews would be made public in consultation with the Global Shield Secretariat.
“Collaborating with the Global Shield Secretariat, we will harness the advisory group’s expertise, ensuring inclusion of valuable country-specific experience. Additionally, the centre will lead the Monitoring, Evaluation and Learning component to strengthen the in-country processes and help make the disaster risk finance solutions more effective and accountable,” she said.
Astrid Zwick, Global Shield secretariat co-director for implementation and institutional Development, said: “With the Centre for Disaster Protection as coordinator of the technical advisory group, the Global Shield gains an active and committed partner in supporting climate vulnerable people and countries in their efforts to receive protection against the severe impacts of climate change.
“The Global Shield secretariat is looking forward to continuing the close collaboration with the centre to support climate vulnerable countries in addressing climate risks through pre-arranged finance.”
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