# Climate risk management > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Climate_risk_management > Markdown URL: https://mediated.wiki/source/Climate_risk_management.md > Source: https://en.wikipedia.org/wiki/Climate_risk_management > Source revision: 1352170315 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) Strategies for mitigating risks from climate change This article relies largely or entirely on a single source. Please help improve this article by citing more sources. Find sources: "Climate risk management" – news · newspapers · books · scholar · JSTOR (June 2009) **Climate risk management** (**CRM**) is a term describing the strategies involved in reducing [climate risk](/source/Climate_risk), through the work of various fields including [climate change adaptation](/source/Climate_change_adaptation), [disaster management](/source/Disaster_management) and [sustainable development](/source/Sustainable_development). Major international conferences and workshops include: [United Nations Framework Convention on Climate Change](/source/United_Nations_Framework_Convention_on_Climate_Change), [World Meteorological Organization](/source/World_Meteorological_Organization) - Living With Climate. ## Definition Climate risk management is a generic term referring to an approach to climate-sensitive decision making. The approach seeks to promote sustainable development by reducing the vulnerability associated with climate risk. CRM involves strategies aimed at maximizing positive and minimizing negative outcomes for communities in fields such as [agriculture](/source/Agriculture), [food security](/source/Food_security), [water resources](/source/Water_resources), and [health](/source/Health).[1] Climate risk management covers a broad range of potential actions, including: early-response systems, strategic diversification, dynamic resource-allocation rules, financial instruments (such as [climate risk insurance](/source/Climate_risk_insurance)), infrastructure design and [capacity building](/source/Capacity_building). In addition to avoiding adverse outcomes, a climate risk management strategy also aims to maximize opportunities in climate-sensitive economic sectors--for example, farmers who use favorable seasonal forecasts to maximize their crop productivity.[2] ## Major international conferences and workshops ### United Nations Framework Convention on Climate Change The [United Nations Framework Convention on Climate Change](/source/United_Nations_Framework_Convention_on_Climate_Change) involves negotiations among delegates on [climate change](/source/Climate_change) framework. Discussions center on [mitigation](/source/Mitigation_of_global_warming), [adaptation](/source/Climate_change_adaptation), technology development and transfer, and financial resources and investment. During COP21, the international community funded investment in [climate risk insurance](/source/Climate_risk_insurance) as part of the strategies for addressing climate risk. ### World Meteorological Organization - Living With Climate The Living with Climate Conference was co-hosted by the [World Meteorological Organization](/source/World_Meteorological_Organization), the [Earth Institute](/source/Earth_Institute) and the [Finnish Meteorological Institute](/source/Finnish_Meteorological_Institute) in July, 2006. The meeting was designed to review opportunities and constraints in integrating climate risks and uncertainties into decision-making. A major outcome was the Espoo Statement.[3] ## See also - [Vulnerability](/source/Vulnerability) - [Risk management](/source/Risk_management) - [Disaster risk reduction](/source/Disaster_risk_reduction) - [Finnish Meteorological Institute](/source/Finnish_Meteorological_Institute) - [Earth Institute](/source/Earth_Institute) - [Climate change and insurance in the United States](/source/Climate_change_and_insurance_in_the_United_States) ## References 1. **[^](#cite_ref-1)** Hellmuth, M.E., Moorhead, A., Thomson, M.C., and Williams, J. (eds) 2007. Climate Risk Management in Africa: Learning from Practice. [International Research Institute for Climate and Society](/source/The_Earth_Institute#International_Research_Institute_for_Climate_and_Society_(IRI)) (IRI), [Columbia University](/source/Columbia_University), New York, USA. 1. **[^](#cite_ref-2)** [International Research Institute for Climate and Society](http://www.iri.columbia.edu) 1. **[^](#cite_ref-3)** ["Living with Climate"](http://www.livingwithclimate.fi/en/en_18.html). *www.livingwithclimate.fi*. Retrieved 2019-08-06. v t e Climate change Overview Causes of climate change Effects of climate change Climate change mitigation Climate change adaptation By country and region Causes Overview Climate system Greenhouse effect (Carbon dioxide in the atmosphere of Earth) Scientific consensus on climate change Sources Deforestation Fossil fuel Greenhouse gases Greenhouse gas emissions Carbon accounting Carbon footprint Carbon leakage from agriculture from wetlands World energy supply and consumption History History of climate change policy and politics History of climate change science Svante Arrhenius James Hansen Charles David Keeling United Nations Climate Change conferences International Conference on Transitioning Away from Fossil Fuels Years in climate change 2019 2020 2021 2022 2023 2024 2025 2026 Effects and issues Physical Abrupt climate change Anoxic event Arctic methane emissions Arctic sea ice decline Atlantic meridional overturning circulation Drought Extreme weather Flood 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portal Category Glossary Index --- Adapted from the Wikipedia article [Climate risk management](https://en.wikipedia.org/wiki/Climate_risk_management) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Climate_risk_management?action=history)). 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