The Global Shield Solutions Platform (GSSP) is supporting the Southeast Asia Disaster Risk Insurance Facility Insurance Company (SEADRIF) to expand Climate and Disaster Risk Finance and Insurance (CDRFI) capabilities across Southeast Asia, helping member countries strengthen their preparedness for and…
The Pacific Catastrophe Risk Insurance Company (PCRIC) is pleased to announce the engagement of Mr Tiofilusi Tiueti, Tonga’s former Minister of Finance, to lead the development of a national contingency plan aimed at strengthening Tonga’s financial preparedness for natural disasters.…
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 –…
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…
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…
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…