The climate risk management process 3. Decision-making and implementation

Decision-makers from the public and the private sector look at the integrated climate risk management measures identified and consider the related costs. They are then in a better position to prioritise, finance and implement them.

The BMZ supports these efforts through various capacity building measures (External link) and an exchange between experts. In late 2019, for instance, some 70 stakeholders from different sectors, both public and private, came together during a regional conference of experts in Vientiane, Laos, to discuss the benefit of integrated climate risk management in dealing with climate-related loss and damage.

The interaction between different administrative levels is of key importance in fostering acceptance and ensure that implemented measures are sustainable; which shows that effective climate risk management can also have a positive side effect on good governance. Monitoring and evaluating the measures implemented allows a continuous learning process to take place, which can then be drawn on in future decision-making.