Compendium On Comprehensive Risk Management Approaches

This UNFCCC compendium provides an overview of comprehensive risk management approaches at different levels, including, risk assessment, risk reduction, financial risk transfer, risk retention, and transformational approaches, as well as an overview on enabling environment for these approaches. 

Each of these broad categories of comprehensive risk management approaches is described, including in view of the various practices and how they are generally defined by the risk management community, followed by summaries of key findings, such as lessons learned and good practices. These are drawn from internationally recognised reports or from specific case studies and practices which are subsequently presented for each approach.

The compendium takes into account the specific needs of developing countries that are particularly vulnerable to the adverse effects of climate change. Moreover, it contains key findings from the two sets of questionnaires regarding national systems and/or processes currently in place for conducting and coordinating analyses of climate risk and loss and damage associated with the adverse effects of climate change, taking into account extreme and slow onset events.