OECD COP26 Virtual Pavilion

Managing Climate Risks, Facing up to Losses and Damages

Nov 1, 2021 | 10:00 AM - 11:00 AM

Description

Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk already today. A large share of the World’s population already face increasingly frequent, intense and even new climate-related hazards. Most vulnerable to losses and damages in the face of such changes in the climate are Least Developed Countries (LDCs) and Small Island Developing States (SIDS). Furthermore, the scale and extent of future risks for a given location is subject to uncertainties in predicting complex climate dynamics as well as the impact of individual and societal decisions that determine future greenhouse gas emissions as well as patterns of socio-economic development and inequality. This high-level event aims to provide a call for action on the urgent need for state and non-state actors to reduce and manage the risks of losses and damages from climate change and to share approaches they are taking locally, nationally and internationally. The event will bring together distinguished panellists from government and the international and financial community to share their knowledge and experiences in reducing and managing the risks of losses and damages from climate change, locally, nationally and internationally.

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