WFP: Climate risk insurance helps communities bounce back from disaster
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When it comes to mitigating loss and damage caused by climate change, the global response is often failing to keep pace, according to Gernot Laganda of the UN World Food Programme (WFP).
“We have had decades now where the temperature curve has really kept climbing, while adaptation financing was often too little, too late,” said the senior official.
For many years, WFP has been using multiple tools to tackle the issue of hunger caused by weather extremes. One of those is climate risk insurance, which has helped millions of smallholder farmers get back on their feet after disaster struck.
Mr. Laganda, the WFP’s Director of Climate and Disaster Risk Reduction, told UN News’s Anton Uspensky it was an issue that should be on the agenda in Dubai as COP28 gets underway.