Insurance – though no panacea for climate change-related extreme weather events – can serve as a measure for adaptation of vulnerable populations to climate change. People that are especially vulnerable to climate change predominantly rely on traditional coping mechanisms, such as the use of savings. However, these traditional measures are often insufficient and can lead to a negative impact on their overall resilience in the long term. Insurance could serve as one measure to cover losses occurring from an extreme weather event but the vulnerable population are often not familiar with

Vulnerability to climate change can lead low-income communities deeper into poverty in the long run. Improving their ability to respond to, and cope with climate change-related shocks can increase social resilience and decrease vulnerability. Therefore, by establishing a mobile phone text message that alerts insurance policyholders to approaching extreme weather events, the project has sought to improve the risk management capacities of target communities. Challenges related to this objective are: Close cooperation is required between the local insurers and national disaster management

The core objective is to overcome barriers and catalyze solutions to address middle-level weather-related risks and facilitate public safety nets and public-private insurance solutions for vulnerable people.

Over the past 30 years in the Caribbean, floods and tropical storm damage affected 1.5 million people directly and caused over USD 5 billion in damage. The increasing frequency and intensity of extreme weather events stress societies and natural systems. Challenges 1. Affordability issues for the target low-income segment. Additional transaction cost and taxes. Also, even with this cost structure, insurers and distributors are not sufficiently incentivized to push the product. 2. Intensive marketing efforts and consumer education are needed to increase the scale of LPP. Technology

The overall aim of the project is to upscale, refine and integrate climate risk insurance (CRI) solutions (launched in phase I) within a broader framework of disaster risk reduction (DRR) strategies and facilitate public safety nets and public-private insurance solutions for vulnerable people.

The core objective is of the project is to develop a roadmap (adopting an ICRM approach) to ensure that the existing and future energy generation, transmission, and distribution infrastructure is climate and disaster resilient.

The core objective of the project is to increase resilience to extreme weather events for SMEs in the Industrial Zone AÏt Melloul.