As one of the financing vehicles under the Global Shield against Climate Risks, GSSP provides targeted support to partner countries and regional risk pools to strengthen the climate resilience of vulnerable populations and help avert, minimise, and address climate-related losses and damages.
Over the course of the year, GSSP has made tangible progress across its core areas of work:
- Developing and Operationalising Country Support Packages, translating Requests for Support into concrete interventions, including sovereign risk financing solutions, premium support, analytical tools, and institutional strengthening.
- Deepening regional collaboration, particularly with the Regional Risk Pools, and advancing the development of a Regional Risk Pools’ Joint Facility to enhance scale, transparency, and coherence.
- Strengthening analytics and evidence-based decision-making, including expanded risk modelling, fiscal resilience analysis, and applied research partnerships.
- Advancing impact measurement, moving from framework development toward field-level application to support learning and accountability.
- Investing in capability development, including the establishment of new academic partnerships and the development of certified learning programmes.
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