Skip to main content
October 20, 2023

Workshop of the Global Risk Modelling Alliance (GRMA) Programme in Costa Rica

On October 19-20, 2023, a Country Workshop took place in San José, bringing together a wide group of local and international stakeholders. The event provided a platform to discuss the ongoing landscape of climate and disaster risk efforts in the country, the existing capabilities, and the essential components of climate risk modeling.

The objective of the workshop was to engage key officials and subject matter experts from Costa Rica in developing the work programme for the support requested to strengthen the country’s capacities and actions for climate and disaster risk management.

For Costa Rica, it is important that this initiative nurtures local capacities and facilitates access to sustainable tools essential for autonomous risk assessment and understanding the resulting socio-economic impacts. Consequently, GRMA’s support is focused on the following key areas:

  • Assessing existing gaps in relevant risk models and local data.
  • Determining the scope of support required for evaluating climate and disaster risk.
  • Developing local expertise to effectively apply relevant risk instruments and models.

After the initial workshop, further consultations will follow to support Costa Rica’s ongoing efforts to improve disaster preparedness and response.

Many thanks to our host the Superintendencia General de Seguros (SUGESE) for their invaluable contribution in ensuring the workshop’s resounding success and to our esteemed colleagues from the Climate Vulnerable Forum (CVF) & Vulnerable Twenty Group (V20), Insurance Development Forum and Federal Ministry for Economic Cooperation and Development (BMZ) for their support and collaboration throughout the event.

Other Articles

Scaling up Humanitarian Anticipatory Financing

Scaling Up Parametric Flood Insurance at the Sub-National Level in Kenya

Public-Private Partnership Delivers Innovative Risk Transfer Solution for Urban Flooding in Accra

German government to enhance sovereign risk and resilience insight via InsuResilience Solutions Fund

Ecuador contracts first parametric insurance for climate-vulnerable farmers

Tripartite Agreement – Building Urban Flood Risk Resilience in Nigeria

Rice Value Chain Climate Cover in Cote d’Ivoire

Introducing new and scaling existing climate risk parametric insurance products in Fiji

Tripartite Agreement – Strengthening of Smallholder Farmers in Ecuador