The Concept Note of the Global Shield against Climate Risks provides an overview of key objectives, stakeholders, processes, and activities of the Global Shield.
The G7 commits to scale up Climate and Disaster Risk Finance and Insurance (CDRFI) and aims to work towards a Global Shield against Climate Risks, building on the InsuResilience Global Partnership and other initiatives.
Funding arrangements for responding to loss and damage associated with the adverse effects of climate change, including a focus on addressing loss and damage.