WATCH: Due to climate change, extreme weather events like heavy flooding or droughts are becoming increasingly frequent. Vulnerable people and countries need better protection and support programmes to deal with climate-related losses and damages, to provide protection against climate risks for as many as possible Early action on climate risks can prevent risks from cascading and has potential to build resilience to both climate and conflict risks. Yet, there is often a gap when it comes to investing in early action. This session will look at some concrete examples of early action, including financial protection and preparedness plans such as the upcoming Global Shield flagship program and explores learnings from prior aid architecture to scale up best practices.