Cities are drivers and victims of climate change. Risks to climate change and induced disasters vary spatially and across a region's demographic spectrum.

Cities are drivers and victims of climate change. Risks to climate change and induced disasters vary spatially and across a region's demographic spectrum.

This report sets out recommendations on how the main sustainable finance initiatives underway can support a major reduction in disaster risk. The scale of financial flows and investments is massive. In Europe assets under management reached €25.2 trillion in 2017, 147% of GDP .