Nazira Dista: Mozambique's Strategic Approach to Managing Climate Risks

Nazira Dista (Director of Risk Management, Ministry of Economy and Finance, Mozambique) explains Mozambique's vulnerability to climate risks due to its 3,000 km coastline, facing cyclones, droughts, and floods. She highlights Mozambique’s proactive efforts, including national adaptation strategies, a disaster management fund, and laws for disaster risk reduction. Recently, the country developed a Disaster Financial Reduction Strategy featuring diverse instruments like parametric insurance to address climate change impacts and reduce budgetary pressure. She stresses on the importance of programs like the Oxford Executive Education Program on Climate and Disaster Risk Finance for their relevance in helping countries address urgent climate-related challenges, enhancing specialized knowledge, and equipping governments and organizations to make informed decisions on climate risk financing.