News Item

Financial innovations to help manage climate, disaster risks

News 16 Oct 2018

More than 180 experts and practitioners from more than 35 countries will converge on Vanuatu this week for the Understanding Risk Finance Pacific conference (URf Pacific).

The conference, the first of its kind in the Pacific, has been convened by the Ministry of Finance and Economy Management and the World Bank, and is set to focus on how countries can build financial resilience by planning ahead to better manage the economic and humanitarian impacts of disasters; and building a better understanding of climate and disaster risk by improving the way risk information is gathered, analysed and communicated.

URf Pacific will highlight best practices and innovative approaches from around the region and explore how disruptive technologies are accelerating efforts to build disaster and climate resilience.

The conference will open on Tuesday, October 16. Over four days, the conference will feature over 20 technical, policy and interactive training sessions showcasing innovative approaches in government action, community engagement, and private sector solutions.

On the morning of Wednesday, Ministers of Finance from around the region will visit the National Early Warning Centre (NEOC) and Emergency Operation Centre (EOC) in Port Vila.

URf Pacific will take place at the Warwick Le Lagon in the Farea Pasifik Conference Centre, with technical sessions hosted in the Pacific Ballrooms.

Source: Vanuatu Independent