27 MARCH 2025, 10:00 – 11:30 (SGT)
Southeast Asia is among the world's most vulnerable regions to climate risks, driven by its dense population, rapid economic growth, and accelerated urbanization. The region also faces a significant protection gap—the disparity between economic losses caused by unforeseen or undesired events and the amount covered by insurance or other risk financing mechanisms. As climate risks intensify, these gaps are becoming more pronounced, threatening the financial resilience of individuals, businesses, and governments. Without effective risk financing solutions, unexpected disasters can quickly derail economic stability and long-term development. To safeguard ASEAN's economies and communities from the escalating impacts of climate change, it is essential to close these protection gaps.
Co-hosted by the Climate Change in SEA programme of ISEAS – Yusof Ishak Institute and the Global Asia Insurance Partnership (GAIP), this webinar will bring together experts in risk perception, disaster risk financing, and insurance to explore how ASEAN can enhance climate risk preparedness. Speakers will assess the region's readiness to manage growing climate risks, examine lessons from past initiatives, and highlight different financial protection strategies in strengthening resilience. The session will also explore emerging opportunities for governments, insurers, and financial institutions to collaborate in narrowing protection gaps and building long-term climate resilience.
On the panel:
