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Finance and risk transfer cell

Exposure evidence cell

Prepares the exposure evidence finance readiness needs. Nothing is priced, rated or arranged.

Start this cellAll cell types

Boundary Nothing is priced, sold, underwritten or arranged here, and no money moves. Credits are recognition only.

To launch
3 members
or more
Roles
3
each a credential
Decides by
Supermajority
yours to change
Joining
By request
set per cell

How it works

The operating model

  1. People

    • Lead1 needed
    • Independent methods reviewer1 needed
    • Secretary1 needed

  2. How it decides

    1. Propose
    2. Discuss
    3. Supermajority
    4. Record and sign
    • Conflict-of-interest recusal
    • Quorum rules

  3. First work

    • ProjectTrigger design and basis-risk note
    • ProjectBack-test against past events
    • IssueConfirm the rights to the hazard and loss data
    • IssueArrange the independent methods review
    • CallReviewers for the trigger method

  4. Services

    • Data
    • Review hub
    • Standards
    • Maps and twins

Start this cell

Exposure evidence cell

Cells · The Global Risks Index

What would you like to do?

Type

Each type comes with roles, a decision rule and a first project you can change later.

Cell type

Pick the type closest to your work. Everything can be changed later.

Teams on the ground

Research and learning

Data, systems and tools

Policy, standards and review

Mission and area

What the cell will do, where, and the first problem it takes on.

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Scale
The problem it works on

Roles and founders

You lead unless you choose someone else. Open roles show on the cell's page for others to take.

Email addresses or member names, one per line. Members get an invitation; others get an email to join.

Who holds each role (you lead unless you choose)
  • Lead
  • Secretary
  • Independent methods reviewer

Host organisation

The organisation the cell works under. A network body can host it if you have none.

Charter

A starting charter from the type. The founders ratify it by a vote once the cell forms, and can amend it by proposal.

Safeguards on decisions
Who can join
Meets

Safeguarding

Who takes part

With members under 18, a safeguarding contact is named in Roles, and their names are never shown in public.

Find a cell

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Go back and choose "Form a cell" to start the first one.

Ask to join

What you bring and what you would like to do. An open cell lets you in at once; any other reads your note first.

Your organisation

The network body reviews the offer and lists the organisation as a host.

Cells it can host

Review and submit

Check your answers. You can change any of them later from the cell.

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In detail

Purpose, roles, agreements and expertise

Purpose

Designs and tests parametric triggers and prepares risk-finance readiness evidence.

Roles and what each does
RoleWhat it doesMinimum
LeadConvenes the cell, holds its mandate from the host and speaks for it.1 required
Independent methods reviewerReviews the methods from outside the design team and records the outcome.1 required
SecretaryKeeps the records: minutes, decisions, the member list and the cell log.1 required
The whole starter work programme

First projects

  • Trigger design and basis-risk note
  • Back-test against past events
  • Readiness evidence pack

First issues

  • Confirm the rights to the hazard and loss data
  • Arrange the independent methods review
  • Write the plain-language explainer

Open calls

  • Reviewers for the trigger method
Decision rule and agreements

Supermajority

At least a set fraction (two thirds, three fifths, three quarters) of a stated base.

  • Cell charter Required The mission, scope, host, roles, governance model and how the cell closes.
  • Membership agreement Required What members commit to, how they join and leave, and how credit is recorded.
  • Data sharing agreement Optional What data the cell holds, who may use it, for what, and for how long.
  • Intellectual property and open licence Required Who owns the outputs and the open licence they are published under.
  • Code of conduct and safeguarding Required How members treat each other, how concerns are raised, and who acts on them.
Expertise and competence evidence
  • Disaster risk finance
  • Actuarial science
  • Insurance, reinsurance and protection gaps
  • Climate and nature financial risk
  • Public finance and sovereign debt
  • Economics and finance
  • Mathematics and applied mathematics
  • Hydrology and water resources
  • Meteorology and atmospheric science
  • Data science and statistics
  • Lead Disaster risk finance, at capability level 4 (Stewarded practice)
  • Independent methods reviewer Actuarial science, at capability level 4 (Stewarded practice)
Where it can form

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