[2023] Climate and Disaster Risk Finance and Insurance in the Philippines: Perspectives from the Sectoral Consultations

2024-06-25T09:24:40+08:00

The Institute for Climate and Sustainable Cities (ICSC) and the West Flanders Synergy Project convened a roundtable discussion in April 2019 to initially explore the state of play of CDRFI. The discussion focused on the viability of weather index-based insurance (WII) as a risk transfer mechanism (RTM) for the agriculture sector. It also generally outlined the key players of insurance-related RTMs, which include indemnity-based, crop revenue, and weather index-based approaches. The challenges of leveling the playing field for these products to be marketable while being acceptable and affordable to farmers were also conferred during the roundtable discussion. However, WII products are still seen as too technical and expensive and are thus unattractive to smallholder beneficiaries. 

[2023] Local Contexts, Perspectives, Challenges, and Opportunities for Coordinated Multi-stakeholder Management of Climate Change Impacts

2024-06-25T09:24:51+08:00

This study was conducted by the Xavier University – Ateneo de Cagayan, in partnership with the Institute for Climate and Sustainable Cities (ICSC), as part of the global Multi-Actor Partnership (MAP) project. This report compiles the experiences of stakeholders from various groups in Northern Mindanao and highlights the need to enhance organizational capacity, improve access to services, and establish partnership structures. The confluence of these, when addressed, allows for a concerted response to the landscape and consciousness of policymaking, inclusivity in substantial and relevant changes in the financial conditions of all stakeholders and partners, and a stronger and louder voice for policy influence. 

[2023] Enhancing Resilience of Vulnerable Local Communities Through Multi-Actor Partnership for Climate and Disaster Risk Finance and Insurance

2024-06-25T09:25:13+08:00

This study was conducted by the Visayas State University, in partnership with the Institute for Climate and Sustainable Cities (ICSC), as part of the global Multi-Actor Partnership (MAP) project. To formally start the MAP implementation in the Philippines, ICSC, in partnership with the VSU Regional Climate Change Research and Development Center, and with the support of the Munich Climate Insurance Initiative, has organized a series of local inception workshops, particularly in Haiyan-affected areas. 

[2023] Local Focus Group Discussions on Climate and Disaster Risk Finance and Insurance

2024-06-25T09:25:24+08:00

This study was conducted by the Benguet State University, in partnership with the Institute for Climate and Sustainable Cities (ICSC), as part of the global Multi-Actor Partnership (MAP) project. It utilized inception workshops and focus group discussions (FGDs) in the communities of Benguet and Ifugao in the Cordillera Administrative Region (CAR) to generate local-based information that will be used in developing pipeline climate and disaster risk reduction (DRR) financing projects, particularly for climate-related disaster-prone areas; analyze the local landscape of effective means of implementation, such as finance, technology, and capacity building; and examine investment costs of priority adaptation and mitigation actions.

Emerging Stronger Together: Multi-Actor Partnership on Climate Risk and Disaster Financing and Insurance (MAP-CDRFI) Phase 1 Closeout Session

2023-03-06T11:29:15+08:00

Representatives from the Philippine government, academe, private sector, and civil society organizations joined together to tackle advancing climate and disaster risk finance and insurance (CDRFI) initiatives to protect vulnerable communities from the worsening impacts of climate change during the closeout session of the first phase of the pioneering Multi-Actor Partnership (MAP) project in the country last October 24, 2022 at the Discovery Suites in Pasig City.

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