banking service chronicle Published this What can be done to tackle extreme weather events?Making L&D a formal agenda item at COP27 This would also require accurately estimating the costs of extreme weather events at a regional level frequently with numbers on losses and damages Enhancing climate commitments According to the IPCC keep warming below 1.5° C requires immediate and deep emissions reductions across all sectors and regions Integrating extreme weather risk management and adaptation into all social economic and environmental policy domains Heat Health Action Plans that include early warning and response systems are effective adaptation options for extreme heat Establishing early warning systems and strengthening risk communication between decision makers and local citizens Bridging financing gaps through innovative risk financing instruments like microinsurance insurance reinsurance and national regional and global risk pools banking service chronicle magazine subscription
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