Report on the workshop on risk management and risk reduction strategies, including risk sharing and transfer mechanisms such as insurance. Summary by the chair of the workshop.
This note by Mr. Leon Charles (Grenada) on behalf of the Chair of the AWG-LCA, summarizes the presentations, exchange of views and discussions by Parties at the workshop. Three technical papers and an information note were prepared by the secretariat as inputs to the discussions in the workshop. Given the technical nature of the issues to be discussed, representatives of the secretariat of the United Nations International Strategy for Disaster Reduction (ISDR), the Informal Task Force on Climate Change of the Inter-Agency Standing Committee (IASC) and the Munich Climate Insurance Initiative (MCII) were invited to give overview presentations. Regional and national perspectives, lessons learned and further needs were presented by representatives of the Alliance of Small Island States (AOSIS), China, the European Union (EU), the least developed countries, Peru, the Philippines and Switzerland