Leveraging different skills to achieve common goals

1
Leveraging different skills to achieve common
goals
SRI in the Rockies October 26, 2009 Tucson
2
Fitting the Oxfam Ethiopian project into Swiss
Res strategic landscape (1)
Develop products and services
Assess and manage the risk

• Traditional catastrophe insurance
• Capital market solutions
• Weather risk solutions
• Investments in renewable energies

• Research with McKinsey et al Economics of Climate
  Adaptation
• Research with Harvard Medical School and UNDP on
  Climate Change and Impact on Human Health

Influence the business environment
Lead by example

• Greenhouse neutral initiative (2003)
• COyou2 programme(2006)

• Publications
• Global Platforms, eg World Economic Forum,
  Clinton Global Initiative
• Swiss Re Centre for Global Dialogue

3
Fitting the Oxfam Ethiopian project into Swiss
Res strategic landscape (2)
Developing Products Services

• Climate Adaptation Development Programme
• Aim
• develop financial risk transfer market for the
  effects of adverse weather in emerging countries
• Innovative financial risk transfer solution
  (primarily weather insurance products)
• Partners include
• Swiss Res role
• design financial risk transfer instruments
• bring them to the commercial financial market.
• will financially support related research and
  risk assessment
• engage in complementary corporate citizenship
  initiatives

SRI in the Rockies October 26, 2009 Tucson
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Value created by Oxfam America

• Extensive on the ground experience, knowledge,
  network and trust
• cost structure
• role as aggregator
• International network and excellent reputation
• potential follow-on projects
• potential policy level cooperation
• Increases credibility and transparency
• Opportunity to develop a project that would
  otherwise be impossible

SRI in the Rockies October 26, 2009 Tucson