Climate adaptation taxonomy5.0.0-draft

Intervention · Intervention

Climate risk transfer

Climate risk management that shifts the financial consequences of climate-related losses from one party to another, for example through insurance or other risk-financing instruments, in exchange for a premium or other consideration.

Definition source: UNDRR (risk transfer)

Synonyms
none
Broader
Climate risk management
Narrower
none
Relations
composed-of Climate insurance
composed-of Index insurance
Counts as adaptation
Always (adaptation-specific).
Provenance
Lexicon consensus
Identifier
INT_231 · https://mlolita26.github.io/cgiar-climate-taxonomy/terms/INT_231
(planned permanent identifier: https://w3id.org/cgiar/climate-taxonomy/INT_231)