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The ’1-in-100’ Natural Disaster Risk Initiative

The “1-in-100” is a drive by public and private sector organisations worldwide to integrate natural disaster risk into the financial system, promoting disaster resilience and protecting against climate risk.

As part of the ‘Integrating Risks into the Financial System’ initiative under the Resilience, Adaptation and DRR Action Area, the Climate Change Support Team, Executive Office of the Secretary-General, UNISDR and the World Economic Forum have convened a unique coalition of accounting organizations, asset managers, central banks, credit ratings agencies, risk modelers, financial regulators and science leaders to confirm these principles and support the goals of securing commitments to accelerated and ambitious action in Climate Summit 2014.

This initiative seeks to stimulate and reward climate resilient investments and recognize the sound business models, strategies and plans that generate societal and commercial co-benefits. It will develop, test and apply incentives in the financial system. It also seeks to strengthen the support to the science and data required for analyses of risk that underpins these changes to the financial system.

Summit/ Mobilisation process: Climate Summit 2014 (New York)

Activity period 2014–2015
Last CoAct update 2023
Web URL https://unfccc.int/files/adaptation/cancun_adaptation_framework/adaptation_committee/application/pdf/1-in-100_initiative.pdf
Output effectiveness
0.07
Accountability Index
0.20
Inclusiveness Index
0.33
Num. actors 9
Functions Knowledge production, Knowledge dissemination, Standards and norms, Campaigning, Participatory management, Funding, Commercial product / service
SDGs 13 17
Themes finance, resilience
Policy focus Mainly adaptation
Sectors Financial and insurance activities
Implementation countries
Target Target type
By 2015, develop and initiate adoption of standards for risk evaluation that subjects portfolios and assets to a 1-in-100 year stress test and integrate these standards into financial instruments Economic target
By 2020, initiate implementation of guidelines and standards for financial system and products Economic target
Coordinate at least $100 million annual investment into public science research by the global insurance industry from 2016, onward Funding target
2015: develop and initiate adoption of standards for risk evaluation that subjects portfolios and assets to a 1-in-100 year stress test and integrate these standards into financial instruments Other target