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The climate emergency is already here
Natural catastrophes cost nearly $200bn globally in 2020. Since 1970, over 2 million people have died in climate-related disasters, with 90% in developing countries.
If we are to advance adaptation and align financial flows with climate resilient development, we need a shared understanding of the risks across society.
The Global Resilience Index Initiative (GRII) is a global public good towards this aim.
To resolve the climate emergency, we must tackle a data emergency
The Global Resilience Index Initiative (GRII) will provide reference data on climate and natural hazard risks to inform and protect populations and economies, particularly in emerging and developing countries.
This essential information will be open and accessible to all, using shared standards and consistent metrics at local to global scales. Until now this data has remained unavailable, inaccessible and inconsistent even in developed countries.
“It is imperative that it is clear which financial flows and investments are Paris aligned. Without this, we will not achieve the net zero transition needed for 1.5 degrees. Discipline and transparency over alignment will also play a critical role for climate resilient development. GRII can play an important role by creating a shared understanding of mounting physical climate risks. In turn, this will help close the insurance protection gap and direct investment and aid to where they are needed the most.”
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