Details - International Climate Initiative (IKI)

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Oasis Platform for Climate and Catastrophe Risk Assessment - Asia

As of: August 2018

Objective and activities

The project goal is to build capacity in in-region stakeholders to understand and develop transparent and standardised catastrophe models to simulate extreme weather event related damages that can be used to assess the likelihood and financial damage caused by extreme climate events and underpin information required by financial markets to invest in (Re-) insurance. This will ultimately enable a reduction in the gap between insured and uninsured losses in the project countries through different methods of risk transfer e.g. sovereign risk transfer. It will also deliver baseline information required to make decisions on climate adaptation. It will also deliver a flood model for the Philippines and a typhoon model for Bangladesh in the Oasis open source cat model platform and make globally available all data in an eMarket, the Oasis Hub.

Project data

Country:
Bangladesh, Philippines

Implementing organisation:
Oasis Loss Modelling Framework

Partner institution(s):
  • Diverse climate change relevant institutions in the respective partner countries/Diverse klimarelevante Institutionen in den entsprechenden Partnerländern

BMU grant:
€ 2,984,579

Duration:
07/2018 till 06/2020

Website(s):



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