KNOWLEDGE HUB

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Readiness Component

As part of the preparations for the In-Country Process (ICP) of the Global Shield, the Global Shield Solutions Platform offers stakeholders 3 capacity building modules, virtual or in- person ahead of the ICP workshops:

Module 1: Introduction to climate and disaster risk management and financing

Module 2: Case studies climate and disaster risk financing solutions

Module 3: Risk analytics

(forthcoming)

The modules offer participants insights into the importance of climate and disaster risk management and the role of finance and insurance solutions for government, businesses, and individuals.

The sessions will touch on key questions such as: What does climate and disaster risk mean for me? Where is the risk localized and who has the capacity to effectively manage it? What can I do to avoid and/or minimize the impact of disasters? What financial tools are available to manage the financial impacts of climate and disaster risk? What can I do to prepare for a disaster? What can I do to respond and recover from a disaster more efficiently/effectively?

The outcome of the capacity building is (i) Strengthened awareness and improve understanding of climate and disaster risk management and financing to strengthen stakeholder participation in the In- Country Process, and (ii) Strengthened awareness of the Global Shield and its financing vehicles to support climate and disaster risk financing solutions.

Please contact the Global Shield Secretariat or GSSP if you are interested in capacity building sessions:

Website: https://www.globalshield.org/
Email: secretariat@globalshield.org

External training

Please find below an overview of online capacity building opportunities with organizations engaged in Climate and Disaster Risk Management and Financing.

Employee

90
+

Projects

550

Birds

342

Key features of the GSSP

The GSSP offers a needs-based approach.

As a service platform, the GSSP represents an impartial partner, guiding countries in their understanding of their climate and natural hazard risks and identifying the support needed to address country-specific challenges, in an inclusive manner. The GSSP also offers detailed insight in CDRFI risk analysis and structuring needs-based country programmes for CDRFI solutions. Based on these articulated needs and demand, the GSSP will structure and (co-)finance tailor-made country support programmes taking into account other sources of CDRFI finance.

Support is not limited to the sovereign level, but offers solutions at the macro, meso and micro levels for specific target groups (e.g., farmers, households, SMEs), regions and communities.

The GSSP offers a competitive and flexible approach.

The GSSP will hold competitive calls for proposals in order to identify the best-fit CDRFI proposal and qualified CDRI implementation partners. Based on the country´s request for CDRFI support submitted, the GS-SP will invite a wide range of stakeholders to propose solutions adequate to address the defined financing gap. The GSSP will assess submitted proposals against its eligibility and selection criteria in order to select the best solution in close coordination with the respective partner country.

This competitive and flexible approach helps maximise value for money for donors and partner countries by offering countries a single entry-point to a wide spectrum of implementing partners, existing CDRFI and institutions, including the private sector, NGOs, humanitarian agencies, and civil society.

The GSSP offers a competitive and flexible approach.

Government representatives are involved and engaged in the decision-making process, offering national ownership for all solutions. They are represented in the governing structure and will be involved in selecting the proffered technical solutions to be funded by GSSP.

Support will also consider and address gender disparities and discrimination to ensure gender equality is part of the solution.

The GSSP offers a bundling approach.

The GSSP provides a single-entry point to different sources of funding, ensuring transparency and coordinated and coherent CDRFI support under international common standards and principles agreed upon by the Global Shield against Climate Risk Initiative and InsuResilience Global Partnership.

Employee

90
+

Projects

550

Birds

342

Our Mission

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Our Team

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Annette Detken

Head of GSSP

Karsten Loeffler

Co-Head of GSSP

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Salena Smith

CEO & Founder

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Salena Smith

CEO & Founder

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Salena Smith

CEO & Founder