Global

21
Apr
Ingrid-Gabriela Hoven, Director General at Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) reflects in an interview with GIIF on Germany’s commitment to fight climate change . At COP25, Germany pledged more than EUR 100million to support climate risk finance and insurance solutions under the InsuResilience Global Partnership, EUR10million of which are to support GIIF in 2020-2022. GIIF: What do you think about the outcome of the most recent COP25 in Madrid? COP25 stayed well behind expectations as it did not deliver concrete results in many crucial areas. Several
The Future of Disaster Risk Pooling for Developing Countries: Where Do We Go From Here?
Highlights This paper analyzes how a portion of the current disaster risk finance architecture is serving developing countries. We focus on the three regional risk pools— CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) (referred to throughout as “CCRIF”); African Risk Capacity (ARC); and Pacific Catastrophe Risk Insurance Company (PCRIC)—that offer parametric disaster insurance to developing countries. Disaster risk finance instruments, including insurance, should be deployed in combination to address the various “layers” of risk, but few countries appear to be following
Ecosystem-based Adaptation and Insurance: Success, Challenges and Opportunities
There are many opportunities for the greater integration of Ecosystem-based Adaptation (EbA) and insurance for risk reduction, and many challenges that remain. The substantive engagement between the insurance and environmental sectors is relatively new. Thus, it is hardly surprising that few fully integrated Climate Risk Finance & Insurance (CRFI) & EbA products (e. g., reef insurance) currently exist, and that such solutions face some challenges. That said, there are many common interests and significant opportunities which could help improve integration of CFRI with EbA and more broadly
Emerging Guidelines For Underwriting And Portfolio Management
The course topics include critical concepts in named peril index insurance and essential knowledge and tools. Specifically, the part 2 – essential knowledge and tools include but not limited to fundamentals of risk modeling and decision making, basic opportunity assessment, base index product evaluation, product pricing, redesigned index product evaluation, detailed market analysis, and value of insurance to a financier. By the end of the course, participants will be able to 1) appreciate the need for and use of risk modeling and risk metrics in managing index insurance portfolios; 2)
InsuResilience Global Partnership Announced Vision 2025 at UN Climate Action Summit
On Sept 23, 2019, the InsuResilience Global Partnership (IGP) announced its Vision 2025 and work plan at the UN Climate Action Summit in New York. In the communiqué, IGP committed to enhancing climate and disaster risk finance and insurance ( CDFRI) as a solution to close the protection gap and emphasize the urgency of scaling up and accelerating risk financing in 2019 and beyond. In its Vision 2025 and Workplan, IGP dedicated to achieving ten goals, including: 500 million poor and vulnerable people covered against disaster and climate shocks by pre-arranged risk finance and insurance
GIIF Program One-pager 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions

The linkage between agriculture and climate change is undeniable. Any change in the climate has significant effects on crop yields and livestock, which intensifies the agriculture sector’s vulnerability to weather and disaster risks. More frequent extreme weather events and natural disasters distress the poor and the vulnerable most heavily and, as a result, agricultural and index-based insurance products have increasingly been regarded as significant tools for smallholder farmers to protect themselves from financial losses. As we know, insurance normally provides valuable access to credit and

GIIF Program Booklet 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions
The linkage between agriculture and climate change is undeniable. Any change in the climate has significant effects on crop yields and livestock, which intensifies the agriculture sector’s vulnerability to weather and disaster risks. More frequent extreme weather events and natural disasters distress the poor and the vulnerable most heavily and, as a result, agricultural and index-based insurance products have increasingly been regarded as significant tools for smallholder farmers to protect themselves from financial losses. As we know, insurance normally provides valuable access to credit and
Senegal: Innovation and Technology

The high transaction costs of serving low-income clients in developing and emerging market economies demand innovative and technological advancements. Challenges that inflate operational costs include data collection, processing and management, premium payment mechanisms as well as claims verification and settlement. Index insurance products, mobile payment devices or more accurate weather and agricultural-yield information based on satellite data are examples of innovative approaches that can help to overcome these challenges.

13
May
The agricultural sector depends highly on nature, making it constantly exposed to exacerbating climate and disaster risks. To mitigate the problem, agriculture insurance and index insurance are regarded as valuable risk-management instruments because they allow farmers to continue to have access to finance and to build resilience against future risks. Having agriculture insurance is especially relevant in regions like Sub-Saharan Africa and Asia where 450 million smallholder farmers feed up to 80 percent of the developing world, according to the World Food Program. While insurance companies
Syngenta Foundation International Conference 2018
GIIF Program Manager Fatou Assah (far left) moderated a session at the Syngenta Foundation for Sustainable Agriculture International Conference on September 18, 2018, in Basel. The panel session "The Provider Perspective," discussants, including ACRE Africa's Rahab Kariuki, dove into detail on how many parts need to be moving in sync to deliver integrated solutions. | Key takeaways from the conference.