MCII's projects

MCII's contribution to a G7 initiative on Climate Risk Insurance

The G7 has a key role to play in pushing this agenda and supporting its implementation. By initiating a Climate Risk Insurance Initiative (InsuResilience) it acknowledged the central role insurance plays in a comprehensive climate risk management approach. As a risk transfer instrument, climate risk insurance is able to mitigate adverse consequences of climate-change related extreme weather events and can minimize the cost and optimize the timing of meeting post-disaster funding needs without compromising development goals, fiscal stability and help to alleviate human suffering while decreasing the loss of livelihoods. Therefore, the overall objective of InsuResilience is to stimulate the creation of effective climate risk insurance markets in relevant regions worldwide.
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Climate Risk Adaptation and Insurance in the Caribbean

By linking the Caribbean Catastrophe Risk Insurance Facility (CCRIF) with a prominent microinsurance broker (MicroEnsure) and the world's biggest reinsurer (Munich Re), the programme intends to overcome barriers in extending access to risk management solutions including insurance and risk reduction to low-income communities in the Caribbean. As the programme leader, MCII functions as a bridge to feed lessons learned and good practices of the programme to international policy processes, such as the UNFCCC Climate Negotiations, to demonstrate the value added of this unique approach in the context of catalysing useful approaches for climate change adaptation in vulnerable areas.
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Andvancing Climate Risk Insurance plus (ACRI+)

The Munich Climate Insurance Initiative (MCII) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) collaborate on a project "Advancing Climate Risk Insurance plus (ACRI+)" on behalf of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety through its International Climate Initiative. The project's aim is to develop strategic frameworks for low income countries and emerging economies in how to integrate climate risk insurance in their climate risk management plans. Opens internal link in current windowGo to project


Designing a Disaster Risk Insurance Framework for Pakistan

Funded by CDKN, MCII and its consortium support the Government of Pakistan in designing a national disaster insurance fund to serve vulnerable people. The fund should be practical, viable and sustainable with adequate resources before a disaster strikes. Innovative distribution channels will help ensure the money reaches affected communities in the shortest possible time. Opens internal link in current windowGo to project


Loss and Damage in Vulnerable Countries Initiative

The Loss and Damage in Vulnerable Countries Initiative supports the Government of Bangladesh and the Least Developed Countries Group to voice their call for action to the international community in the UNFCCC climate negotiations process. Progress in Bangladesh will help inform other LDCs on potential pathways for understanding and addressing loss and damage related to climate change. Opens internal link in current windowGo to project