MainDB: Expertise Reduces Climate Change Risks for Most Vulnerable

Title: Expertise Reduces Climate Change Risks for Most Vulnerable
NWPWeblink:
NWPTypeOfOrganization:
NWPGeographicRegion: Asia
Scope of work:
NWPMandatesandFrameworks:
NWPModalityApproachandMechanism:
NWPEffortsToAddressSOE:
NWPRelevantStakeholders:
NWPFocusonNElossesFlag:
NWPImpactAreas:
NWPOutputs:
Good practices and lessons learned:
NWPGapsChallenges:
Date of submission:
Abbreviation:
Activities:
Adaptation element: Education and training; Financial support
Adaptation sector/theme: Infrastructure; Human settlements
Climate hazard:
Country: Cambodia; India; Indonesia; Lao People's Democratic Republic ; Philippines; Viet Nam
NWPDataSource: PSI
Description: Through the Rabobank Foundation, Rabobank is involved in an initiative to develop saving and loan co-operatives in rural regions, by contributing donations, loans, trade financing and technical assistance.
 
In August 2005, the Rabobank Foundation undertook the development of a climate change risk reduction program in Jakarta. The Foundation partnered with the Indonesian Red Cross and its counterparts from Germany and the Netherlands to develop the “Integrated Community-Based Risk Reduction – Climate Change” program. The program strengthens disaster preparedness in Jakarta’s four most flood-prone sub-districts. In all, the program provides support to around 121,000 people.
 
From 2006 to 2008, PMI conducted assessments to identify disaster risks and the most vulnerable community groups, including household-level surveys. Community members learned assessment methods through this process and are now conducting their own assessments and developing their own adaptation plans.
 
As part of the program, the Rabobank Foundation’s Indonesian partner Yayasan Pengembangan Perdesaan (YPP) offers microcredit and microinsurance to vulnerable communities. Working with local organizations, PMI and YPP design microcredit and microfinance products to increase the capability of communities to cope with disaster risks and impacts. Additionally, the program provides public education and awareness-raising campaigns to teach low-income households about disaster risks and options for engaging in saving and insurance schemes.
Expected outcome: The Rabobank Foundation’s contribution is self-sustaining: 100 percent of its funding will be returned through the microfinance program, which can then be invested in other community empowerment projects.
 
Benefits include:
Capacity building in the community and within key humanitarian aid and civil society organizations.
Project replicable to other locations, as centralized NGOs build the capacities and expertise of local organizations.
Community commitment created through involvement in design of project activities and project implementation.
Microfinance and microinsurance programs increase clients’ resilience.
Further information: For further information go to: https://www.rabobank.com/en/home/index.html
Find the case study summary here: https://unfccc.int/files/adaptation/application/pdf/rabobank.pdf
NWPGeographicScope: Global; Local; National; Regional
Indicators of achievement:
NWPInformationType: Case study
NWPJoinDate:
NWPPartner: Rabobank
Purpose:
Regional group:
Target group:
NWPWorkStream: NWP
NWPYear:
NWPOutcome: Businesses need to adapt. Many businesses have no choice about whether to respond to climate change impacts: climate change will force itself upon them. Their choices now come down to:

When to respond. Should they act in anticipation of climate impacts or wait until they have no choice but to act?
How to respond. Should they upgrade their facilities? Change the standards for the businesses they finance? Alter their product line? Enter new markets? Do nothing?
What any given business chooses to do will depend upon the type of business, its place in a larger economic, political, and social context, and the unique ways that climate change affects its work. Climate change may affect a business through a number of possible pathways. It could, for example, affect:Supply chains,
Employees,
Customers,
Distribution networks,
Finance options,
Insurance costs, and
The macroeconomic environment.
NWPPartners:
Type of knowledge resource:
Scale of work:
NWPSlowOnsetEvents:
NWPReferences: WRI: Making Climate Your Business: Private Sector Adaptation in South East Asia: http://www.wri.org/publication/making-climate-your-business
Implementing partners:
NWPYearPublication:
NWPUpdate:
SourceItemID:
NWPSecendaryEmail:
NWPPrimaryEmail:
NWPTypeOfKnowledge:
NWPCountryItem:
NWPRelevantWeblinks:

Created at 21/04/2016 11:45 by Roberto Felix
Last modified at 11/05/2022 00:07 by Nicholas Hamp-Adams
 
Go back to list
Home(NWPStaging)