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Accessible version I support this bold initiative and hope the public and private sectors rally behind it to spread proactive resilience globally. Through InsuResilience, the G7 makes a powerful statement that the world needs to be more proactive in coping with climate-related disaster risk, not waiting for disaster to strike but focusing on ex ante risk management.
We strongly believe in the potential of insurance to enhance resilience by providing developing countries with faster and more reliable funding after natural disasters.
We know from experience that a faster response is more efficient, saves lives and livelihoods, and helps countries recover more quickly.
Rachel Turner, Director General, Economic Development Department for International Development DFIDUK Switzerland recognizes climate risk as one of the greatest challenges we are currently facing; it can only be overcome when governments, the private sector, civil society and academia pool in their expertise, know-how and financing to develop a common solution.
Climate risk insurance is part of this solution. It is in this spirit that we look forward to join and contribute to the InsuResilience Global Partnership. Raymund Furrer, Head of Economic Cooperation and Development, Swiss State Secretariat for Economic Affairs SECO Climate risk insurance supports developing and emerging countries to adapt to climate change by cushioning financial impacts and providing a building block for sustainable economic growth.
The insurance industry can support with risk management expertise, risk capital and innovative risk transfer solutions. The InsuResilience Global Partnership contributes with another key success factor: It is our responsibility as re insurers to raise awareness of the value of insurance to those regions most impacted by natural disasters.
To achieve resilience on a significant scale, we need to work together, along with governments and organisations. To that end we are supportive of the InsuResilience Global Partnership mandate. As part of a comprehensive investment in resilience, disaster risk finance can help vulnerable communities survive and thrive in the face of potential shocks.
Public-private climate risk related insurance solutions — if they are part of a broader risk management strategy — can play a vital role in buffering these threats. Germanwatch therefore welcomes especially the pro poor focus of the InsuResilience Global Partnership and its effort to cooperate with different stakeholders.
Effective insurance regulation and supervision are fundamental for growth and maintenance of robust insurance industry.
As the implementing partner of the IAIS on financial inclusion, A2ii provides input to global policy debates and draws attention to the key role of insurance supervisors in addressing resilience.
Through our membership of the InsuResilience Network we look forward to working with others, pooling our collective expertise, to ensure appropriate insurance solutions are available to those most in need.
Hannah Grant, Head of Secretariat, Access to Insurance Initiative A2ii The forum provided by the InsuResilience Global Partnership enables us to develop comprehensive and complementary solutions for and with our partners from civil society and the private sector.
Solutions to give quick support to people who need it most in situations that are threating their livelihood. This is what makes InsuResilience unique: The initiative brings together partners from governments, insurance industry, international organizations and civil society to join forces and enhance the resilience of poor and vulnerable communities through climate risk insurance.
Insurance plays an important role in promoting resilience, by transferring risk that cannot otherwise be mitigated or managed. CCAFS hopes the strengths of the agricultural research-for-development community will add value to other efforts to bring insurance to bear on risk-related agricultural challenges across the developing world.
In the spirit of the Paris Agreement on climate change, we need to join forces and be proactive when it comes to protection against disasters.The impact assessment uses cross-sectional data from a household survey of over client households from all regions in Sri Lanka to evaluate the impact of the initial ProMiS program phase (September – November ) on microfinance clients.
Mankombu Sambasivan Swaminathan is an Indian geneticist and international administrator, renowned for his leading role in India's Green Revolution a program under which high-yield varieties of wheat and rice seedlings were planted in the fields of poor farmers.
The South African Insurance Association (SAIA) is the representative body of the short-term insurance industry. It represents the industry to all relevant stakeholders, to ensure a sustainable and dynamic short-term insurance industry.
The paper reviews attempts to provide insurance against risks afflicting the poorest. It presents empirical evidence on the impact of different types of microinsurance, and recommends the idea.
The widespread use of credit and debit cards in the developed world and more recently mobile phone payments in the developing world is bringing increasing attention to the idea that, perhaps not far into the future, we may see the first “cashless society.”.
Microfinance Gateway. This page provides a guide to the best sites on microfinance in general and microcredit in particular. ENTERWeb is an annotated meta-index and information clearinghouse on enterprise development.