Reinhard Mechler joins Advisory Committee on Climate Resilience of Consultative Group to Assist Poor

IIASA

CGAP is a global partnership of more than 30 leading development organizations that works to advance the lives of poor people, especially women, through financial inclusion.

In 2022, the Consultative Group to Assist the Poor (CGAP) launched a new effort centered on understanding and enhancing the role of financial services in helping low-income populations build resilience to climate change. Grounded in a strong focus on the lived experience of vulnerable people, the new CGAP program ultimately aims to offer guidance to various stakeholders on the role that different financial services can play in helping the vulnerable reduce the impact of and adapt to specific climatic risks, which constraints are impeding that role, and what meaningful actions they can take to overcome those constraints. The Advisory Committee will help guide CGAP in this effort. The Committee is comprised of experienced thinkers and practitioners from different parts of the climate change and financial inclusion communities who can help shape thinking and work on this critical topic, which is likely to grow into a significant development agenda.

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