A New Generation of Agricultural Risk Management Tools to Enhance and Incentivise Investment in Climate-Resilient Food Systems: A critical first step to unlock investment to secure both the resilience of our natural assets, and accelerate landscape positive practices, is to quantify the risks to nature and agriculture today. In effect create a forward price curve for climate risk in the absence of action and investment to build resilience and/or adapt.

Such quantification allows for greater utilisation of insurance as a risk governance framework to provide security to those across agriculture and nature value-chains.  Nature & Agriculture assets, projects and landscapes that aren’t insurable aren’t investable (or protectable).

This roundtable will examine whether an EU-style climate risk assessment approach, pioneered by Howden and the European Investment Bank, could be adapted for Brazil and the wider LATAM region.

In Europe, ground-breaking analysis shows agricultural losses of €28 billion annually from adverse weather, with losses projected to exceed €40 billion per year by 2050 under business-as-usual emissions. These findings provide an unprecedented financial case for urgent investment in agricultural adaptation and resilience across the EU at national, and regional levels, as well as among farmers, corporates, investors, and banks.

The study represents the most comprehensive financial and risk-based assessment to date of climate impacts on European agriculture production across the 27-nation EU and proposes urgent recommendations. It is the first EU-wide financial evaluation of the impact of climate risks to current and future crop yields, across multiple perils, using the essential risk metrics of annual average loss (AAL) and probable maximum loss (PML).

Drawing on expertise from Howden, CNSeg (Federation of Brazilian Insurers), and leading Brazilian experts this session will convene key Brazilian stakeholders to explore how such a study could be designed for Brazil and what its scope and approach could be.

This high level conversation will explore input on how to best apply in Brazil a new generation of agricultural risk Management tools. So as to enhance and incentivise investment in Brazil in Climate-resilient food systems.

Agenda:

11:00 hrs: Registration & Welcome – Tea, Coffee & Pastries;

11:30 hrs: Introduction and Context

11:40 hrs: Fire Starter Interventions

12:00 hrs: Facilitated Discussion

12:50 hrs: Summary and Wrap Up

13:00 hrs: Finish

This event is at full capacity, we are only able to admit those already registered.