Coordination Hub

The Coordination Hub’s core mandate is to coordinate Global Shield implementation and overarching technical work to help deliver more and better financial protection in vulnerable countries.

Services under the Coordination Hub

The main functions of the Coordination Hub are:



Contribute to the operationalization and implementation of the Global Shield

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Facilitate coordination at global level and support in-country coordination

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Inform and enhance Global Shield programming by drafting common principles, standards, and metrics, and to provide a forum for inclusive consultations

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Facilitate knowledge and evidence sharing

Coordination Hub Members

The Coordination Hub is composed of the main implementing and technical players in the field of Climate and Disaster Risk Finance and Insurance (CDRFI):

3 Financial Vehicles

Global Shield Solutions Platform
Global Shield Financing Facility
CVF & V20 Joint Multi-Donor Fund

4 UN Institutions in the context of CDRFI

United Nations Development Programme (UNDP)
United Nations Office for Disaster Risk Reduction (UNDRR)
World Food Programme (WFP)
United Nations Framework Convention on Climate Change (UNFCCC)

3 Private Sector Representatives

Insurance Development Forum (IDF)
2 Representatives of global south organizations (tbc)

3 Regional Multilateral Development Banks

Asian Development Bank (ADB)
Caribbean Development Bank (CDB)
Inter-American Development Bank (IDB)

4 Regional Risk Pools

African Risk Capacity (ARC)
Caribbean Catastrophe Risk Insurance Facility (CCRIF)
Pacific Catastrophe Risk Insurance Company (PCRIC)
Southeast Asia Disaster Risk Insurance Facility (SEADRIF)

2 Bilateral Agencies

Agence Francaise de Développement (AFD)
Shared seat by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and KfW Development Bank

2 Relevant Academia or Think Thanks

Insitute for Climate and Sustainable Cities (ICSC)
Centre for Disaster Protection (CDP)

2 Representatives from Civil Society Organisations

1 Representative from the Global North (tbc)
1 Representative from the Global South (tbc)

Other implementing and technical players in the field of CDRFI are encouraged to send a membership request to the Global Shield Secretariat.

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Governance

The governance structure of the Global Shield consists of the Global Shield Board and the Global Shield Coordination Hub.

Financing Structure

Additional Global Shield financing is provided by a central Financing Structure, consisting of the Global Shield Solutions Platform, the Global Shield Financing Facility, and the Climate Vulnerable Forum & V20 Joint Multi-Donor Fund.

Board

The Global Shield Board provides political and strategic oversight over the Global Shield against Climate Risks and provides overall guidance to the Global Shield.

Activities

The Global Shield against Climate Risk aims to support countries that are most vulnerable to climate risks.