Sectoral stakeholder session: Progress and insights from the Multi-Actor Partnership on Climate and Disaster Risk Financing and Insuran

June 05, 2025 | 09:30 to 12:45 (IST)

Colombo, Sri Lanka

Sectoral stakeholder session: Progress and insights from the Multi-Actor Partnership on Climate and Disaster Risk Financing and Insuran

June 05, 2025 | 09:30 to 12:45 (IST)

Colombo, Sri Lanka

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Introduction

Strengthening risk management frameworks and existing Climate Disaster Risk Finance and Insurance (CDRFI) solutions across  Sri Lanka's food systems, tourism, and fashion and apparel sectors is crucial for supporting vulnerable communities and groups. By developing new risk transfer mechanisms and building upon existing structures, we can deliver data-driven, demand-responsive solutions that clearly identify beneficiaries while ensuring equitable access, transparency and accountability. 

Operationalising these principles and transforming Sri Lanka's CDRFI ecosystem to address current and future challenges while fostering long-term resilience requires innovation, shifts in mindset, inclusive processes, and multi-actor partnerships. Although Sri Lanka has established several CDRFI instruments and mechanisms, significant potential remains to enhance current frameworks and effectively address existing gaps.

One key approach to improving coordination, coherence, exchange, and integration in climate and disaster risk management is through Multi-Actor Partnerships (MAPs).  MAP on CDRFI, initiated by SLYCAN Trust, plays a central role in advancing inclusive and sustainable solutions by creating enabling environments and collaborative platforms.  

Objectives

  • Present the draft MAP guidelines developed through extensive research and consultations to enhance coordination and support effective risk finance and insurance mechanisms.
  • Capture diverse stakeholder perspectives and priorities to develop a holistic view of Sri Lanka’s CDRFI landscape, acknowledging the unique mandates, roles and responsibilities of each group.
  •  Identify collaboration mechanisms that facilitate the advancement of CDRFI pathways through a transparent and consistent institutional, policy, and regulatory environment. 
  • Establish frameworks for knowledge exchange and capacity-building to empower stakeholders and strengthen CDRFI at both national and local levels.

Guidelines & Templates

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Information Note

Agenda

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