Wednesday, 11 December - Developing transformative financial instruments - Resilience Frontiers

Resilience Frontiers

Wednesday, 11 December – Developing transformative financial instruments

10.00 – 11.00Resilience Frontiers Lab

Moderator: Johanna Nalau

Felicity Spors, Climate-KIC
Michael Cote, Winrock International
Daouda Ndiaye, Islamic Development Bank
11.30 – 13.00Finance for transformation – where next?Grantham Research Institute

This session will explore the role of financial instruments in supporting transformational change in the face of climate impacts. Finance is needed for adaptation, climate risk management and Loss and Damage. Do we need innovative approaches? If so, which principles should govern them, and how can we ensure that transformation is sustainable?

Video introduction:
Swenja Surminski, Head of Adaptation Research, Grantham Institute

Expert interventions
Mohamed Beavogui, Director General, African Risk Capacity: “The ARC Extreme Climate Facility”

Evans Njewa, Malawi, Lead Finance Negotiator for the Least Developed Countries: How can financial instruments support transformational change?

Reinhard Mechler, IIASA: “Finance for transformational risk management: towards a comprehensive principled approach”

Rebecca Byrnes, Grantham Research Institute: Transformative finance and the role of the WIM

Colin McQuistan, Practical Action: Technology and finance

Q&A: chaired by Michal Nachmany, Grantham Research Institute

Small group discussions
13.00 – 14.30Lunch break
14.30 – 16.00Youth Knowledge Lab

Moderator: Liz Wathuti

Dominique Souris, Youth Climate Lab)
Genevieve Jiva, Coordinator of the Pacific Islands Climate Network
Bipul Bipul Mayank, Yale School of Forestry & Environmental Studies
Callie Broaddus, Reserva – The Youth Land Trust
16.30 – 18.00Future of Forecast-based Financing with methodology using a game called “Paying for Predictions”