World Meteorological Organization
Download
1 / 24

World Meteorological Organization - PowerPoint PPT Presentation


  • 84 Views
  • Uploaded on

World Meteorological Organization New Initiative to Support the CAT Insurance and Weather Risk Management Markets By Maryam Golnaraghi, Ph.D. Chief of Disaster Risk Reduction Programme “WMO EXPERT MEETING ON REQUIREMENTS OF THE CATASTROPHE INSURANCE AND WEATHER RISK MANAGEMENT MARKETS”

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' World Meteorological Organization' - hermione-wright


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

World Meteorological Organization

New Initiative to Support the CAT Insurance and Weather Risk Management Markets

By

Maryam Golnaraghi, Ph.D.

Chief of Disaster Risk Reduction Programme

“WMO EXPERT MEETING ON REQUIREMENTS OF THE CATASTROPHE INSURANCE AND WEATHER RISK MANAGEMENT MARKETS”

Geneva, Switzerland

5-7 December 2007


Agenda
Agenda

  • Brief overview of WMO

  • WMO Initiatives in Support of Financial Risk Transfer Markets

  • Expected outcomes of this meeting

  • Next Steps


Brief Overview of WMO- Specialized Scientific and Technical Agency of the United Nations Responsible for Observing, Monitoring, Detecting, Forecasting and Warnings of Meteorological, Hydrological and Climate Conditions- 188 Members, Represented by the Heads of the National Meteorological and Hydrological Services at the WMO Governing Bodies


Natural hazards weather climate and water
Natural Hazards Weather, Climate and Water …

Primary mandate for: Severe storms, tropical cyclones (hurricanes and typhoons), storm surges, floods, cold spells, heat waves, cold waves, droughts, volcanic ash transport, air pollution, Sand and dust storms, etc.

Contributing to: Forest fires, locust swarms, health epidemics, tsunami, etc…


Research Side: Weather, Climate and Water … International Coordination of Scientific Research and Assessment

World Climate Research Programme (WCRP)

World Weather Research Programme (WWRP)/THORPEX

IPCC

Northern AtlanticOscillation

Pacific

Decadal

Oscillation


Operational Side: Weather, Climate and Water …Global Coordination of Network of National Meteorological and Hydrological Services and Space Agencies

  • Coordination of global observing networks

    • In situ and Satellites

  • National data policy and exchange issues

  • Standardization and protocols for information content, exchange, exchange

    • Observations, bulletins and forecasts

    • Sectoral requirements for products and services

  • Global Telecommunication System (GTS)

  • Global Data Processing and Forecasting System (GDPFS)

  • International and Regional Cooperation Projects and capacity development of NMHS


Global coordination of national observing networks global telecommunication system
Global Coordination of National Observing Networks & Global Telecommunication System

Coordinated Satellite Activities

Global Observing System

Global Telecommunication System

Global Data Exchange:

WMO Resolutions 40 and 25

Global Data Processing and Forecasting


Communication and dissemination
Communication and Dissemination Telecommunication System

International & regional level:

Global Telecommunication System

National Meteorological

and Hydrological Services

Media

General

public

Private

sector

Government and

civil defence

authorities


Wmo s framework in drm derived from hyogo framework for action 2005 2015
WMO’s Framework in DRM Telecommunication SystemDerived fromHyogo Framework for Action 2005-2015

Governance and Organizational Coordination and Cooperation

Risk Identification and Assessment

Risk Reduction

(Prevention & Mitigation)

Risk Transfer

Sectoral planning

Early Warning Systems

Emergency Preparedness & Planning

Education and training

Historical hazard data, analysis and changing hazard trends

Vulnerability assessment

Risk quantification

Cat Insurance and Bond Markets

Weather Derivatives

Information and Knowledge Sharing


Increasing risks under a changing climate

Strong Wind Telecommunication System

Coastal Marine Hazards

Tropical Cyclones

Heavy rainfall / Flood

Heatwaves

Need for

Prevention

and Mitigation

Increasing Risks under a Changing Climate

Energy

Water Resource

Management

Food security

Transport

Intensity

Industry

Health

Urban areas

Exposure is increasing !

Hazard

Frequency


Conclusions from 4th ipcc assessment report wg ii impacts adaptation and vulnerability
Conclusions from 4th IPCC Assessment Report Telecommunication SystemWG II: Impacts, Adaptation and Vulnerability


Role of national meteorological and hydrological services in risk assessment
Role of National Meteorological and Hydrological Services Telecommunication Systemin Risk Assessment

Input into probabilistic risk modeling ….

  • Historical and real-time hazard databases

  • Hazard analysis and mapping methodologies

  • Short- to Medium-term weather forecasts

  • Probabilitic climate models – Forward looking hazard trend analysis

Initiation of “Hazard Programme” of NMHSs in 2008.


Role of national meteorological and hydrological services in risk reduction
Role of National Meteorological and Hydrological Services Telecommunication Systemin Risk Reduction

  • Input into sectoral planning

    • Mainstreaming hydro-meteorological risk assessment inzoning and land use planning, urban and infrastructure development, etc.

  • Early warning systems

    • Probabilistic forecasting and warnings from next hour to longer climate timescales

    • Integration of risk information into warning messages

    • Communication and dissemination

    • Supporting emergency preparedness and response

  • Meteorological Services in support of pre- and post-disaster response and relief operations

Risk reduction through mitigation, prevention and preparedness…


Wmo national and regional projects for implementation and strengthening of multi hazard ews
WMO Telecommunication SystemNational and Regional Projects for Implementation and Strengthening of Multi-Hazard EWS

  • EWS Demonstration projects

    • France

    • China (Shanghai)

    • India

    • 3 countries in Central America (with World Bank and IFRC)

    • US/Canada transboundary

    • European river basin (transboundary)

    • Eastern Europe (with World Bank and ISDR)

  • Technical Capacity Development for Specific Hazards

    • Severe weather (Southern Africa and Pacific)

    • Flash flood guidance system (Central America and Southern Africa)

    • Sand and dust storm (Middle-East and Northern Africa)

    • Drought (South-East Europe and Sub-Saharan Africa)


Wmo initiatives in support of financial risk transfer markets extremes deviations from normal
WMO Initiatives in Support of Financial Risk Transfer Markets- Extremes - Deviations from Normal


Role of national meteorological and hydrological services to financial risk transfer markets
Role of National Meteorological and Hydrological Services Marketsto Financial Risk Transfer Markets

  • Availability and accessibility of historical and real-time data

  • Data quality assurance, filling data gaps, homogenization and analysis

  • Reliable and authoritative data for contract design and settlement

  • Forecasts for management of risk portfolio

  • Technical support and service delivery


Global Survey of Scientific and Technical Capacities in Support of Disaster Risk Reduction

Large Variation in Technical Capacities of National Meteorological and and Hydrological Services …

  • 187 National Meteorological and Hydrological Services were surveyed:

    • Hydro-meteorological observing networks, weather and hydrological stations, satellite receiving platforms

    • Forecasting of extremes and deviations from the mean

    • Their capacities to deliver products and services to support disaster risk reduction

    • Categorization of capacities (low, medium, high)


Countries participating in the country level drr survey
Countries Participating in the Country-Level DRR Survey Support of Disaster Risk Reduction

44/48

92 %

18/22

82 %

25/34

74 %

10/12

83 %

14/19

74 %

24/52

54 %

139 out of 187 Members (74 %) responded

Least developed

countries:

25/50

50 %

Developing

countries:

85/137

54 %



At national level many challenges remain
At National Level Many Challenges Remain Capacities

  • Lack of political recognition of benefits of investing in observing networks, data management systems, Data Rescue Programmes, etc.

  • Institutional capacity

    • Operations and sustainability of observing networks

    • Data collection and management systems

    • Data rescue to translate paper-based records into digital records

    • Quality control to ensure consistency and completeness

    • Capacity to archieve large databases

  • Availability of data to users

Development of these capacities should be considered as an investment for enhanced risk management and economic development.


First step identification of requirements of cat insurance and weather risk management markets
First Step: Capacities Identification of Requirements of CAT Insurance and Weather Risk Management Markets

  • Expert Meeting on Dec 5-7, 2007 at WMO Headquarters

    • WB, WRMA, WFP, Reinsurance Sectors,

    • National Meteorological Services and climate research community (Canada, USA, Brazil, India, China, Morocco, Ethiopia, Malawi, Finland, France, Netherlands, Australia, New Zealand)

  • Expected Outcomes:

    • Role of NMHS in supporting Financial risk transfer markets (NMHS as information provides)

    • Documentation of concrete requirements of these markets

    • Prioritization and joint planning for the development of national projects


2008 onwards facilitation of products and services at national level
2008 onwards: Facilitation of Products and Services at national level

  • Guidelines for standardized data and forecast products

  • Work with partners on country-specific cases

    • Facilitation of networking with NMHSand Space agencies

    • Training of NMHS

  • Development of standard indices (WMO technical commissions)

  • Motivating coordinated climate research on understanding of patterns of risk (spatial and temporal correlations)

  • Modernization of observing networks, Data Rescue Programmes and capacity development of NMHS (in cooperation with World Bank and other International Development Agencies)

  • Raise political awareness on benefits of (with private and public partners)

    • Development and sustainability of observing networks and data management systems

    • Open data policy issues


New Book: national level“Managing Weather and Climate Risks Through Financial Risk Transfer Markets” (to be Released in 2008)Planning Details Will be Released Week After the Expert Meeting


Thank You national level

For more information please contact:

Maryam Golnaraghi, Ph.D.

Chief of Disaster Risk Reduction Programme

World Meteorological Organization

Tel. 41.22.730.8006

Fax. 41.22.730.8023

Email. [email protected]

http://www.wmo.int/


ad