Cyclone Case Study Odisha 1999 Super Cyclone in India.
2017 GARI Kick Off Meeting on Climate Change
1. RMSI Contributes towards Global Climate Change Resilience
IPCC (Intergovernmental Panel for Climate
Change) estimates that climate adaptation will
require up to $100 billion per year in developing
countries alone by 2050, but less than 20% of
public climate finance is focused on this area,
and a fraction involves the private sector. The
main barriers are uncertainty, complexity and a
lack of investible opportunities.
Realizing the fact that both public climate
finance and private investment in adaptation is
limited to-date, GARI (Global Adaptation &
Resilience Investment Working Group) was
launched at COP21 (Paris) in conjunction with
the UN Secretary General's A2R Climate
Resilience Initiative.
GARI was conceived to catalyze such
investments to help the affected communities
to adapt to the inevitable climate change. GARI
held its first meeting in January 2016, and has
engaged over 150 private investors and other
stakeholders over the course of five meetings
in 2016.
Dr. Murari Lal, Climate Change Expert at RMSI
was invited to participate at the 2017 GARI Kick
off Meeting on 31st January 2017 at NewYork.
The Kick Off meeting received participation of
about 40 climate change thought leaders and
investment industry representatives from
across the world.
Dr. Murari Lal has more than three decades of
professional and research experience in global
and regional climate models. He has made
scientific and technical contributions to IPCC
since 1992 to 2007. He was also the founding
member of the IPCC's Task Group on Climate
Impact Assessment (TGCIA) during 1996-
2003. In addition, he has made scientific
contributions to award of Nobel Peace Prize,
2007 to IPCC; and has a strong publication
record in National and International Scientific
Journals.
Dr Murari Lal with Mr Jay Koh
GARI Kick off Meeting, January 2017, New York
2. For further information on our services in this sector, please write to murari.lal@rmsi.com.
Mr. Jay Koh, GARI chairperson and MD &
Partner, Siguler Guff presided over the
meeting held at Nixon Peabody LLP along with
Mr. Ernest Chung, the host from Nixon
Peabody LLP(international Law Firm).
The theme/ key areas of discussions in this
meeting were: (a) Presentation of COP-22
Report released at Marrakesh in December
2016 and reactions, and (b) GARI operations in
2017 and Establishment of GARI Workstreams.
RMSI has followed the Global Adaptation &
Resilience Investment Working Group closely,
since its inception in 2015. At this stage in
climate crisis, RMSI understands the need to
provide an open platform that brings together
interested investors, climate experts, and other
stakeholders to focus on how to practically
invest in the face of climate adaptation and
resilience needs.
Working Group Discussion
RMSI is committed to addressing the global issue of climate change, and would be happy to assist
you to identify your individual or organization's vulnerability and risk, and also identify the most
appropriate resilience measures.