The work of the Technical Expert Group on Comprehensive Risk Management (TEG-CRM) supports strategic workstream (c) of the current five-year rolling workplan of the ExCom, which focuses on comprehensive risk management approaches to address and build long-term resilience of countries, vulnerable populations and communities to loss and damage, including in relation to extreme and slow onset events. This strategic workstream aims to enhance knowledge and understanding of comprehensive risk management approaches, including issues related to finance, data, technology, regulatory environments and capacity-building.
Comprehensive risk management approaches include risk assessment, risk reduction, risk transfer and risk retention. Such approaches aim at building long-term resilience of countries, vulnerable populations and communities through emergency preparedness, measures to enhance recovery, rehabilitation and build back/forward better, social protection instruments, including social safety nets and transformational approaches.
With its terms of reference adopted at ExCom 7 in 2018, the Technical Expert Group on Comprehensive Risk Management (TEG-CRM) held its first meeting in 2019. TEG-CRM currently comprises 23 members, including 4 ExCom members serving as facilitators of the expert group.
The COP, at its twentieth session, decided that the Excom may establish expert groups, subcommittees, panels, thematic advisory groups or task-focused adhoc working groups to help execute the work of the Executive Committee in guiding the implementation of the Warsaw International Mechanism, as appropriate, in an advisory role, and that report to the Executive Committee.
Further to this, the COP, at its twenty-third session, welcomed the report of the Excom, which contains, inter alia, the workplan of the Excom. At Excom 7 (March 2018), the Executive Committee established three expert groups on slow onset events, non-economic losses and comprehensive risk management approaches, guided by the terms of reference.
The Excom, at its ninth meeting (April 2019), requested the Secretariat to organize the first meeting of the TEG-CRM. The first meeting of the TEG-CRM took place on the 29-30 August 2019 focused on initiating the work of the TEG-CRM and developing a plan of action under the strategic workstream (c) of the WIM Excom’s five-year rolling workplan.
The TEG-CRM Plan of Action was endorsed and approved by the Excom at its tenth meeting in October 2019. A copy of the Plan of Action can be found on here.
In October 2019, the Excom revised and updated the compendium on CRM on the basis of final inputs from the TEG-CRM.
For information on compendium, please click here.