The network connects vulnerable developing countries with providers of technical assistance, knowledge, resources they need to address climate risks comprehensively in the context of averting, minimizing and addressing loss and damage.
Approaches to cooperation, facilitation and implementation for averting, minimizing and addressing can take into account:
- Current impacts as well as short-, medium- and long-term risks, of climate change;
- A range of hydro-meteorological hazards, climate variabilities, extreme weather events, slow onset events;
- Diverse types of losses – income losses, physical assets, non-economic losses;
- A range of comprehensive risk management approaches – assessing, reducing and retaining the risks, mobility options, pooling for risk financing, measures for emergency preparedness, social protection, recovery and rehabilitation, transformation.