Countries in the Eastern Caribbean are highly vulnerable to, and severely impacted by, extreme and low-intensity, weather events. While improvements in forecasting open the door to greater investment in early action, such actions need to be carefully pre-planned, vulnerable groups identified, and financing prepositioned so that funds can be quickly released and used to reduce disaster impacts.
In this regard, regional financing mechanisms can help to pool and manage risks across Caribbean islands.
"Forecast-based early action" is thus seen as an innovative approach to managing the residual risks that cannot be addressed through longer-term investment in resilience – those that have not been reduced when a disaster is imminent. But proponents must tread carefully, ensuring the right incentives for early action are created without crowding out seasonal preparedness activities or longer-term resilience.
How can we re-think risk governance arrangements and outline an approach that can help improve the efficiency of efforts to deal with climate?
This webinar is organized by the Adapt’Action Facility, a tool used by AFD and Expertise France to help 15 countries and regional organizations particularly vulnerable to climate-change implement adaptation strategies. Adapt’Action provides technical assistance and capacity-building support to strengthen climate governance, a better integration of adaptation in their public policies, and the emergence of climate-resilient projects.