EXECUTIVE SUMMARY

• ASEAN should  advance  a  more  integrated  Loss & Damage (L&D) assessment between disaster management and climate change (environment) sectors. Before advancing L&D-related actions, more foundational work is needed in the region for the integration of disaster risk reduction (DRR) and climate change adaptation (CCA) policies to break down silos and ensure coherent risk reduction measures.

• The integration of disaster risk reduction and climate change adaptation for addressing L&D within ASEAN Member States is feasible but requires DRR and CCA communities to seek common operational ground, in particular, to revisit and redefine their operations to address L&D.
• Novel risk transfer and risk retention instruments have emerged and shown progressive development with notable initiatives in the region to help communities and local stakeholders to better prepare for the inevitable climate impacts before climate disasters occur.

POLICY RECOMMENDATIONS

• The convergence of CCA-DRR needs to be strengthened at the national level through regulatory Regional initiatives could encourage and motivate ASEAN Member States to expedite this convergence.
• Building synergies with local stakeholders will be essential to build better risk information systems that can facilitate L&D estimation and arrive at coherent CCA-DRR
• Investments are necessary to enhance capabilities and technologies to expand L&D data collection across
• Adaptive social protection systems is necessary to support vulnerable communities to prepare, cope, and adapt to