"Better Coordination and Information Exchange about Risk Data and Analytics Work” Session at Understanding Risk Global Forum 2024

June 21, 2024
2 MINS READ

On Friday, 21 June, SEADRIF and the World Bank's Global Facility for Disaster Reduction and Recovery (GFDRR) hosted a practical session at the Understanding Risk Global Forum in collaboration with the Insurance Development Forum’s Risk Modelling Steering Group (RMSG), focused on a central topic for all organizations involved in disaster risk financing: risk data and analytics.

Experts from the public sector, private sector, international organizations, development agencies, and academia filled the room, sharing insights and expressing a strong intention to collaborate. During the breakout session, participants discussed potential arrangements for better ways of working together. The session concluded with full agreement and support that there is a need to strengthen the exchange of information about risk analytics, to align resources, enhance synergy, and improve efficiency for all involved.

As the facilitator of the session, SEADRIF will initiate follow-up actions to connect with participants who expressed support to advance such collaboration. Please stay tuned.