Risk transfer is one of the key ways of addressing losses and damages that are caused by different hazards. However, risk transfer mechanisms are not accessible to all. This includes the most vulnerable to climate change.

The research study on climate risk insurance in Sri Lanka, and the development of a participatory and stakeholder driven insurance mechanism is conducted by SLYCAN Trust, in line with the research work on Nationally Determined Contributions (NDCs) of Sri Lanka on loss and damage.

The project also focuses on capacity building of stakeholders on climate risk transfer, and resilience building through climate insurance which is accessible to vulnerable communities.

Project duration: October 2018 – May 2019

Project status: Ongoing

Team members involved:

• Vositha Wijenayake
• Bhagya Wickramasinghe
• Malintha Halkewela
• Buddhika Ranadheera
• Palindi Kalubowila