Regional Risk Pools (RRPs) provide countries with parametric insurance products that offer rapid financial resources after disasters, along with benefits like improved risk analysis and management. By fostering a collective approach, RRPs help member countries access cost-efficient insurance coverage. To…
The Global Shield against Climate Risks supports the climate vulnerable communities of Pacific Island Countries via a 10m EUR contribution by the German Ministry for Economic Cooperation and Development (BMZ) dedicated to the Pacific Catastrophe Risk Insurance Company (PCRIC). The…
From April 11th to 12th, Frankfurt School of Finance & Management hosted international experts for the first Climate Risk Finance Forum. It was a platform for meaningful discussions and collaborations among risk pools, insurance companies, NGOs, and academia. It was…
The Global Shield Programme for Resilient Risk Pools, a support mechanism of the Global Shield Solutions Platform was launched at the 28th United Nations Climate Change Conference, COP28, on 3 December 2023. In an effort to bolster innovative approach to…
The Global Shield Programme for Resilient Risk Pools of the Global Shield Solutions Platform as an important element of the financing structure under the Global Shield against Climate Risks The event aims to strategically raise awareness and explore the collaborative…
The Global Shield Solutions Platform (GSSP) is a new financing vehicle helping vulnerable countries to address effectively loss and damage exacerbated by climate change. It was launched at the occasion of the InsuResilience Global Partnership Annual Forum on 9 June…