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From 03rd to 14th of December the 24th Conference of the Parties (COP 24) to the United Nations Framework Convention on Climate Change (UNFCCC) will take place in Katowice under the presidency of Poland. The conference aims at refining the Paris climate deal from 2015 at which the parties agreed upon presenting national climate protection plans. These national contributions are voluntary and do not contain any mechanism to monitor or measure actions, nor do they propose a system of sanctions for those states which would not comply with their nationally determined contributions.

Many developing countries are already hit hard by climate change, which results into unregulated climate induced migration. Floods, storms and other immediate environmental events degrade soils and farmland and thus force a lot of people to leave their homes, as they do not have the capacity to rehabilitate after such disasters. Least Developed Countries (LDCs) and many Small Development Island States (SIDS) which are most vulnerable to such events fear for their existence and look for international support. Whereas the international community does not provide any substantial aid for slow-onset effects of climate change such as e.g. glacier melting, Germany has taken action to provide coverage of loss and damage of countries affected by immediate climate events.

Under the framework of G7, Germany started the so called InsuResilience initiative in 2015. This initiative aims at providing insurance against climate risks to 400 million poor and vulnerable people in developing countries by 2020. This fosters a partnership between the G7 states and developing countries, including civil society, the insurance industry and development banks. At COP 23 in Bonn, Germany announced to increase financial aid for the initiative, now spending 110 million EUR on it, and added on 31 million EUR to support development countries in their effort to deliver their national climate protection plans.

The breakfast roundtable will discuss opportunities for the InsuResilience initiative to contribute in the context of climate migration and give recommendations for future action that will benefit countries hit most by climate change:
•In how far do climate risk insurances contribute to avoid climate induced migration?
•Where do climate risk insurances effectively impact the root causes of climate induced migration?
•What needs to be done to increase the InsuResilience initiative´s impact?