News & Events



Update on Climate Change – Components of a Disaster Risk Financing Strategy for Myanmar

Published on: 15-Mar-2019

​Event Type: Seminar

Event Date: 15 March 2019 - 4:00pm to 5:00pm

Venue: ASE 3D Viz Laboratory Room (N2-B1c-16c)

Speaker: Prof. Peter Hoeppe

About the speaker:

Prof. Hoeppe’s academic education is in meteorology (Masters and PhD) and human biology (PhD). Since 2004 he has been a Professor for Biometeorology.

Prof. Hoeppe has worked in different institutes at the Ludwig-Maximilians-University in Munich and as a post doc at Yale University (USA). In 2004 Prof. Hoeppe joined Munich Re as Head of the Geo Risks Research Department. In 2008 also Munich Re’s newly founded Corporate Climate Centre became part of Prof Hoeppe’s division, which he headed until the end of 2017.

His main areas of research have been effects of atmospheric processes (heat/cold, UV radiation, air pressure fluctuations) and air pollutants (ozone, particles) on humans and the general assessment of environmental risks. Currently his research focus is on trends of natural catastrophes and their drivers and on strategies to increase the resilience of societies against these perils. A major topic also is the analysis of effects of climate change on insurance and the development of strategies on how this industry can contribute solutions for the adaptation and mitigation of global warming.

Prof. Hoeppe is scientific member of many scientific societies, from 1999 to 2002 he has been the President of the International Society of Biometeorolgy. He has held expert functions in different UN-Organisations. He is the Chairman of the Munich Climate Insurance Initiative (MCII), which he has founded in 2005 and in 2017 has been awarded the UNFCCC “Momentum for Change” award at COP23. From 2006 to 2017 he has been member of the High Level Advisory Board for the “OECD International Network on Financial Management of Large Scale Catastrophes”. In 2007 Prof. Hoeppe has been appointed as Global Warming Advisor of the Bavarian State Government and Chair of the “Finance-Forum: Climate Change” of the high-tech Strategy of the German Federal Government. In 2009 he has been one of the initiators of the Desertec Industrial Initiative. In 2014 he became Chairman of the “Münchener Universitätsgesellschaft”, the sponsoring association of the “Ludwig-Maximilians-University”, Munich. In July 2018 he has been appointed Adjunct Professor at the Institute of Catastrophe Risk Management at Nanyang Technical University, Singapore. Since November 2018 he has been Team Leader of a technical assistance project of ADB to develop a disaster risk financing strategy for Myanmar.

About the event:

2018 again has been one of the warmest years globally since we have records, in many regions new heat records have been reached. While there have been clear commitments of many countries for the reduction of greenhouse gases the fulfilments of these promises lack far behind, the global concentration of CO2 continues to rise quickly. The pressure on the political decision makers is increasing, however, as the young generation led by Greta Thunberg in the FridaysforFuture movement has started demonstrations with thousands of participants in many cities. This movement already has created a global network and has the potential to trigger a change to more ambitious climate protection.

Myanmar is a country already today affected very much by natural disasters, and in the future due to climate change even more. In a technical assistance project of the Asian Development Bank the natural disaster risks are modelled for Myanmar and will be made accessible on an open internet platform. A corresponding strategy for financing the disaster risks is developed. This strategy is built on a layered approach with different mechanisms for the different intensity categories of natural disasters. One of these mechanisms is seen in the Southeast Asia Disaster Risk Insurance Facility (SEADRIF) initiated by the World Bank. This sovereign insurance mechanism is supposed to pool the risks of Myanmar, Lao and Cambodia and thus reducing the costs for this insurance cover. The SEADRIF secretariat is in Singapore.

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