Coastal Resilience Webinar Series
4 February 2025, 14:00 pm CET
To join the webinar, register here
Natural Catastrophe Modeling: Strategies for Resilience and Sustainable Risk Management
This webinar provides an introduction to natural catastrophe (CAT) modeling and its application in risk management. Participants will explore why CAT models are essential for quantifying and mitigating the impacts of natural disasters. Key stakeholders in the re/insurance ecosystem will be identified, alongside an in-depth examination of insurance and reinsurance concepts, terminology, and risk management principles. The fundamentals of exposure definition and geocoding will also be addressed. Key topics include peril anatomy, hazard, vulnerability, and financial modeling, as well as financial metrics in CAT risk management and strategies for managing uncertainty. The webinar explores how CAT models can adapt to the challenges of a changing climate, providing insights into future trends and innovations in risk management. Participants will gain a theoretical understanding of CAT modeling and its vital role in enhancing resilience within the re/insurance sector. The unique challenges faced by underdeveloped nations are explored, emphasizing the importance of international agendas like the 2015-2030 Sendai Framework for Disaster Risk Reduction and the UN’s 2030 Agenda for Sustainable Development. These initiatives present opportunities to integrate disaster resilience into sustainable development goals, helping countries mitigate the increasing impacts of natural disasters, particularly those exacerbated by climate change.
Speaker: Cecilia Bittoni
Cecilia Bittoni is the Programme Manager for the UN Decade Collaborative Center for Coastal Resilience (DCC-CR). With a MSc in Economics earned from Bocconi University and a career spanning 17 years in the US and the UK, including academic experiences at the University of California, Santa Barbara (UCSB), and research activity at Stanford University, Cecilia brings extensive expertise in natural catastrophe risks and financial markets. She spent eight impactful years at RMS – Risk Management Solutions (now Moody’s RMS), the world’s leading natural catastrophe modeling company.
After earning Attending Laureate status in the Ph.D. programme “Future Earth, Climate Change and Societal Challenges” at the University of Bologna, Cecilia expanded her knowledge of climate science and contributed as a consultant to multiple projects.
Her work focuses on integrating sustainability principles with financial strategies, enabling informed decision-making that incorporates climate science into business planning, navigates risks, promotes adaptation and resilience, and identifies growth opportunities amidst global transitions.
NetZero/NearZero Emissions and Climate Resilient Wastewater Treatment Works for Coastal Resilience
This webinar presents a case study for a project on “NetZero/NearZero Emissions and Climate Resilient Wastewater Treatment Works for Coastal Resilience” (NetZero WWTW Project) from South Africa’s Buffalo City. The project addresses several global and national initiatives responding to and endorsed UN Ocean Decade action, the SDGs (particularly SDG13&14), South Africa’s Just Transition, and the University of South Africa’s 10 Catalytic Niche Areas including those on Marine and Coastal, Energy and 4th Industrial Revolution studies. The project is pitched as a Living Lab following the co-creation, co-designing and co-delivery approaches with three primary objectives namely: to reduce carbon emissions and renewable energy commissioning, to enhance climate resilience, and to achieve a closed-loop wastewater system through reuse for industrial and/or domestic purposes. The project will enhance understanding of the water-energy-climate resilience nexus in integrated WWTW and when fully commissioned, it will build coastal resilience, water security and climate mitigation through eight key elements. Among such elements are full automation and AI assisted operations, generation of renewable energy (solar, mini-hydro and biogas), climate resilience systems (including developing baselines for Loss and Damage), harmonisation of diverse knowledge systems, exploring Digital Twinning, investigate potential for carbon credits and trading, and addresses the circular economy movement.
Speaker: Godwell Nhamo
Institute for Corporate Citizenship, University of South Africa, P.O. Box 392, UNISA 0003, Pretoria, South Africa.
HOW TO PARTICIPATE
4 February 2025, 14:00 pm CET
To join the webinar, register here
ORGANIZED BY:
DCC-CR, CMCC, Deltares
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