March 1, 2017–The pilot of the Oasis Platform for Climate and Catastrophe Risk Assessment in Asia has passed the pre-selection process of the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB).

Dickie Whitaker and Tracy Irvine, the proponents of the Oasis Platform, are now working with the Lab Secretariat (Climate Policy Initiative) on details of the pilot as well as to further strengthen ties with local and international stakeholders to this end.

Tracy Irvine, Director of the Oasis Hub, will be attending the ASEAN DRFI Partnership Forum on March 3rd, 2017 in Bangkok, Thailand, to discuss the relevance of transparent and standardized risk analytics and loss models to develop an effective, efficient and locally owned technical framework underpinning the disaster risk finance and insurance strategy of the ASEAN region.

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The Global Innovation Lab for Climate Finance identifies, develops, and pilots transformative climate finance instruments that can drive billions of dollars of private investment in climate change mitigation and adaptation in developing countries. Climate Policy Initiative serves as secretariat and analytical provider for the Lab.