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Product Development: Design of a flood cover insurance for SMEs in industrial zones

Product Development: Design of a flood cover insurance for SMEs in industrial zones

Date:
Author:
GIZ
Topics:
Product Development
In Morocco, on behalf of the German Federal Ministry for Economic Cooperation and Development, the Public-Private Partnership between Allianz Reinsurance and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH focused on developing climate risk management approaches for small and medium-sized enterprises (SMEs) in industrial zones, including prevention measures and risk transfer solutions, with the aim to reduce their overall risk exposure. A need for new, innovative insurance products protecting SMEs in the industrial zones against climate risks arose, because several
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Moroccan and Ghanaian MSME Resilience in the face of COVID-19

Moroccan and Ghanaian MSME Resilience in the face of COVID-19

Date:
Author:
GIZ
Topics:
Market Development
Enabling Policy Environment
On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and Allianz RE joined forces to support vulnerable communities in Morocco and Ghana in developing integrated risk management approaches for climate risks. In Morocco, the implemented risk management activities of this Public-Private Partnership are targeted at Small and Medium Sized Enterprises (SMEs) located in Industrial Zones (IZ). The Ait Melloul Industrial Park was selected as a pilot IZ, because it has an economic value for the
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Developing Climate Risk Management Approaches for SMEs in Morocco

Developing Climate Risk Management Approaches for SMEs in Morocco

Date:
Author:
GIZ
Topics:
Market Development
Public-Private Sector Partnerships
The industrial zone in Aït Melloul was selected as a pilot zone due to its historical exposure to flash floods which have caused significant financial losses. It lies in the Souss Massa region, 20km from the port of Agadir. This industrial zone is managed by the local government in close cooperation with the business association Association des Investisseurs de la ZI d’Aït Melloul (ADIZIA) and hosts approximately 300 enterprises, most of which are SMEs operating in the food processing industry. Overall, 25,000 employees depend directly or indirectly on business in this industrial zone. The
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MSME Resilience in Morocco in the face of COVID-19

MSME Resilience in Morocco in the face of COVID-19

Date:
Author:
GIZ
Topics:
Market Development
Enabling Policy Environment
MSMEs, significant driver of employment and GDP in Morocco. Micro, small and medium enterprises (MSMEs) are vital to the Moroccan economy, accounting for more than 30% of gross domestic product (GDP) and representing more than 70% of jobs (African Development Bank Group, 2021). However, challenges precede the COVID-19 pandemic. Despite the significant contribution of MSMEs to economic growth and livelihoods in Morocco, their development has been constrained by challenges that precede the advent of the COVID-19 pandemic. These challenges include inadequate access to credit and a lack of
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Developing Risk Management Approaches for Climate Risks

Developing Risk Management Approaches for Climate Risks

Date:
Author:
GIZ
Topics:
Market Development
Public-Private Sector Partnerships
The Strategic Alliance GIZ-Allianz-BIMA is a collaboration between the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Allianz SE, Allianz Re and BIMA MILVIK, which joined forces to support governments, SMEs and households across the globe in strengthening their risk management plans. On the topic of climate risk, the project is currently working in Morocco and Ghana, developing integrated risk management solutions that incorporate insurance products. Vulnerability to climate change and natural disasters is increasing worldwide. Strategies must be developed to better
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GIIF Program One-pager 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions

GIIF Program One-pager 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions

Author:
GIIF

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

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GIIF Program Booklet 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions

GIIF Program Booklet 2019: Providing Access to Finance to Help Smallholder Farmers, Micro-entrepreneurs and Micro-finance Institutions

Content owner:
GIIF 2019 Booklet
Author:
GIIF
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
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ACRI+ Advancing Climate Risk Insurance plus

ACRI+ Advancing Climate Risk Insurance plus

Date:
Author:
GIZ, MCII
The overall aim of the project is to increase resilience to extreme weather events by devising on an integrated climate risk management approach that includes insurance. The ACRI+ project worked to collect the experiences and best practices from different organizations across the globe and promote these findings at international conferences and workshops, as well as on their online database “Climate Insurance”.
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Roadmap for Integrated Climate Risk Management: Flood Risk and Micro, Small and Medium Enterprises in Morocco

Roadmap for Integrated Climate Risk Management: Flood Risk and Micro, Small and Medium Enterprises in Morocco

Content owner:
ACRI+
Date:
Author:
GIZ, MCII

This roadmap is developed from work undertaken on ICRM through the “Advancing Climate Risk Insurance plus” (ACRI+) implemented by the Deutsche Gesellschaft für International Zusammenarbeit (GIZ) GmbH and the Munich Climate Insurance Initiative (MCII). In Morocco, ACRI+ is working with Micro, Small and Medium Enterprises (MSMEs) in the Ait-Melloul industrial zone to support the development of financial and strategic capacities for managing climate risks, particularly from flooding, with a focus on the potential role of risk transfer. La gestion intégrée des risques climatiques (ICRM) est une

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ACRI+ Develop Insurability: Strengthening Resilience for SMEs in Industrial Zones in Morocco

ACRI+ Develop Insurability: Strengthening Resilience for SMEs in Industrial Zones in Morocco

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