GSSP constitutes a central element of the financing structure of the Global Shield against Climate Risks. It provides technical assistance and financial support to partner countries with the objective to increase the resilience of vulnerable people of the Global South…
In a major step toward global collaboration on disaster risk finance, four Regional Risk Pools convened in Frankfurt in April 2025 for a CEO Summit hosted by Frankfurt School of Finance & Management, to put shared commitments into action –…
From April 10th to 11th, the Frankfurt School of Finance & Management hosted international experts for the second edition of the Climate Risk Finance Forum (CRFF). This year’s forum delved into the complexities of subsidised insurance within the wider framework of…
The Government of Ghana has received a payout of USD 960,202 and is set to receive a second payment of USD 1,927,334, as part of its first-ever sovereign drought insurance policy, issued by African Risk Capacity (ARC) Ltd. This milestone…
The Pacific Catastrophe Risk Insurance Company (PCRIC) has signed a grant agreement for EUR 2.5 million under the Global Shield Solutions Platform (GSSP), managed by Frankfurt School of Finance & Management. This vital support will enable PCRIC to address key…
In the aftermath of the 2022 floods that affected over 30 million people, Pakistan faces a difficult path to recovery. As reported in the Financial Times last month, out of the estimated $16.3 billion needed for recovery, the international community…
The Global Shield Solutions Platform co-hosted two impactful side events with the Global Shield Secretariat, bringing together key voices to tackle some of the most pressing challenges in climate risk resilience and financial protection. 📌 “Regional Risk Pools: Supporting Transboundary…
The Government of Ghana has purchased its first-ever sovereign drought insurance policy, taking a significant step towards safeguarding its vulnerable communities and agricultural sector from potential drought. Through an inclusive, country-led process coordinated by the Global Shield Secretariat, the African…
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…