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15 November, 2006 | COP 12 – Nairobi, Kenya

UNEP FI’s CCWG held a side event at the UN Climate Change Conference in Nairobi, marking the launch of its latest report “Adaptation and Vulnerability to Climate Change: The Role of the Finance Sector.” The report is the latest from the Climate Change Working Group, and calls for urgent public-private action to prepare for the economic impacts of climate change. If adaptation is not made a priority, the UN’s Millennium Development Goals will be not be achieved or their progress will be seriously impeded. The document, backed by 15 institutions, including some of the largest banks, insurers, reinsurers and investment companies, advocates a new approach on part of governments and the private sector to address the physical changes that climate change will bring, integrating adaptation with sustainable economic development and disaster management.

Speakers and Presentations

• Adaptation and the Financial Sector: Achieving a Triple Dividend (PDF: 243 KB)
  Paul Clements-Hunt, Head, UNEP Finance Initiative
• Adaptation and Vulnerability to Climate Change: The Role of the Banking Sector (PDF: 567 KB)
  Armin Sandhoevel, Head Allianz Climate Core Group, Allianz-Dresdner Bank
• How Insurance Can Help the Poor (PDF: 2.2 MB)
  Thomas Loster, Chairman, Munich Re Foundation
• Adaptation and the Millennium Development Goals (PDF: 281 KB)
  Elsa Kruger Cloete, Development Bank of Southern Africa
• Kirsty Hamilton, International Policy Advisor

Contact

Lisa Petrovic, Project Manager
Climate Change Working Group
climate@unepfi.org