The Lagos state government, through its Resilience Office (LASRO), will host a workshop on water risk and insurance.
The two-day workshop will be held on January 15 and 16 in Lagos.
Folayinka Dania, the Lagos chief resilience officer, said the workshop forms part of the 2024 Global Risk and Resilience Fellowship (GRRF), a global initiative designed to help cities manage climate risks by leveraging insurance sector expertise.
She said it would be an avenue to meet and discuss solutions that could assist the megacity to manage climate risks by leveraging available expertise in the Lagos insurance sector.
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“The workshops will bring together public and private sector leaders to explore innovative solutions for prioritizing, addressing, and mitigating water-related risks of flooding, scarcity, and infrastructure gaps that Lagos state faces, building on the RWA and Arup’s two years of City Water Resilience Approach (CWRA) work in Lagos aimed at shaping the city’s water resilience strategy,” she said.
“The sessions are designed to harness the power of insurance to enhance water resilience and attract much-needed investment in urban water infrastructure.”
She added that the workshop will focus on strengthening Lagos’ capacity to understand and prioritise water risks, address data gaps, and overcome barriers to investment in water infrastructure.
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Dania said attendees will engage in interactive sessions and discussions that explore how insurance tools can support urban resilience and attract private-sector financing.
The event will also highlight case studies and insights from global experts on insurance and investment.
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