Difference between revisions of "InsuResilience Global Partnership"
Line 33: | Line 33: | ||
|LPAA Theme Energy Access and Efficiency=No | |LPAA Theme Energy Access and Efficiency=No | ||
|LPAA Theme Private Finance=Yes | |LPAA Theme Private Finance=Yes | ||
− | |Description= | + | |Description=To secure financial and fiscal resilience, the InsuResilience Global Partnership supports a substantial scale-up in the use of risk finance and insurance solutions. Its aim is to support vulnerable countries to prepare against the impacts of climate shocks and disasters. Together with partners of the G20 and V20, the German government supported the launch of the InsuResilience Global Partnership in 2017 |
+ | at the COP23 in Bonn. The Partnership connects almost 90 members, including G20 and V20 countries, the private sector, international organisations, civil society and academia. The goal of the InsuResilience Global Partnership is laid out in its Vision 2025, announced at the UN Secretary General´s Climate Action Summit in September 2019. As a global platform, the Partnership plays a central role within the international resilience community to ensure coherence of implementation efforts on climate and disaster risk finance across a diverse range of partners. | ||
+ | 28 programmes in 78 countries that work towards the goals of the InsuResilience Global Partnership are currently being established or are already active. The focus of the activities is to achieve early action and faster recovery through reliable funding of stand-by risk finance and insurance solutions. Additionally, the broader benefits of risk financing within adaptation strategies and planning are promoted. | ||
+ | |||
|Goals=The role of the Partnership is to promote and enable the adoption of disaster risk financing and insurance approachesas part of comprehensive disaster risk management strategies and integrated within preparedness, response and recovery plans that are anchored in country systems. It will do this through: | |Goals=The role of the Partnership is to promote and enable the adoption of disaster risk financing and insurance approachesas part of comprehensive disaster risk management strategies and integrated within preparedness, response and recovery plans that are anchored in country systems. It will do this through: | ||
(1) Developing a global multi-stakeholder community that can generate and promote best practice in the use of climate and disaster risk finance and insurance (CDRFI). | (1) Developing a global multi-stakeholder community that can generate and promote best practice in the use of climate and disaster risk finance and insurance (CDRFI). | ||
Line 79: | Line 82: | ||
The Nature Conservancy (USA) | The Nature Conservancy (USA) | ||
Womens World Banking (USA). | Womens World Banking (USA). | ||
− | |||
|Participants national actors number=13 | |Participants national actors number=13 | ||
|Participants national actors names=Canada, | |Participants national actors names=Canada, |
Revision as of 11:49, 10 March 2021
General
Name of initiative | InsuResilience Global Partnership |
---|---|
LPAA initiative | Yes |
NAZCA Initiative | Yes |
Website address | http://www.insuresilience.org/ |
Related initiatives | |
Starting year | 2015 |
End year | |
Secretariat | InsuResilience Secretariat, c/o Deutsche Gesellschaft für internationale Zusammenarbeit (GIZ) GmbH, Friedrich-Ebert-Allee 40, 53113 Bonn, Germany, InsuResilience@giz.de |
Organisational structure | The InsuResilience initiative was adopted at the G7 Summit in Elmau/Germany in June 2015 and is being implemented in close partnership between the G7 states, developing countries and emerging economies. |
Geographical coverage | Global |
Name of lead organisation | GIZ-InsuResilience Secretariat |
Type of lead organisation | Other intergovernmental organization |
Location/Nationality of lead organisation | Germany |
Description
Description | To secure financial and fiscal resilience, the InsuResilience Global Partnership supports a substantial scale-up in the use of risk finance and insurance solutions. Its aim is to support vulnerable countries to prepare against the impacts of climate shocks and disasters. Together with partners of the G20 and V20, the German government supported the launch of the InsuResilience Global Partnership in 2017
at the COP23 in Bonn. The Partnership connects almost 90 members, including G20 and V20 countries, the private sector, international organisations, civil society and academia. The goal of the InsuResilience Global Partnership is laid out in its Vision 2025, announced at the UN Secretary General´s Climate Action Summit in September 2019. As a global platform, the Partnership plays a central role within the international resilience community to ensure coherence of implementation efforts on climate and disaster risk finance across a diverse range of partners. 28 programmes in 78 countries that work towards the goals of the InsuResilience Global Partnership are currently being established or are already active. The focus of the activities is to achieve early action and faster recovery through reliable funding of stand-by risk finance and insurance solutions. Additionally, the broader benefits of risk financing within adaptation strategies and planning are promoted. |
---|---|
Objectives | The role of the Partnership is to promote and enable the adoption of disaster risk financing and insurance approachesas part of comprehensive disaster risk management strategies and integrated within preparedness, response and recovery plans that are anchored in country systems. It will do this through:
(1) Developing a global multi-stakeholder community that can generate and promote best practice in the use of climate and disaster risk finance and insurance (CDRFI). (2) Facilitating efficient and coordinated global action to promote climate and disaster risk finance and insurance solutions. (3) Empowering governments, businesses and households to become proactive risk managers through building capability and increasing access to knowledge and expertise, services, products and risk financing linked to disaster prevention, preparedness and response. (4) Building a network across sustainable development, social protection, disaster risk reduction, climate services and climate change adaptation communities to ensure risk financing is embedded within a comprehensive disaster risk management approach –both with respect to international fora as well as to in-country systems. (5) Taking a pro-poor approach, based on an agreed set of principles, that puts peoples’ needs at the centre of risk financing. |
Activities | |
One or two success stories achieved |
Monitoring and Impacts
Function of initiative | Technical dialogue, Funding, Political dialogue |
---|---|
Activity of initiative | Knowledge dissemination and exchange, Knowledge production and innovation, Fundraising, Awareness raising and outreach |
Indicators | |
Goals | The overall objective of the initiative is to stimulate the creation of effective climate risk insurance markets and the smart use of insurance-related schemes for people and risk-prone assets in developing countries. |
Comments on indicators and goals | |
How will goals be achieved | |
Have you changed or strenghtened your goals | |
Progress towards the goals | |
How are you tracking progress of your initiative | |
Available reporting |
Participants
Participants | Number | Names | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Members | 63 | |||||||||||
Companies | 21 | Allianz (Germany),Aon (Germany),AXA (France),CERES Agriculture Risk Management (USA),Blue Marble (USA),DEVK (Germany),GLOBAL PARAMETRICS (United Kingdom),Finans Norge (Norway),MiCRO - microinsurance Catastrophe Risk Organisation (Barbados),Munich Re (Germany),Nat Re (Philippines),Oasis LMF (United Kingdom),OKO (United Kingdom),Renaissance Re (USA),Risk Management Solutions Inc. (USA),Santam (South Africa),SCOR SE (France),SIP Social Impact Partners (Germany),Swiss Re (Switzerland),Willis Towers Watson (USA),XL Catlin (Sweden). | ||||||||||
Business organisations | 0 | |||||||||||
Research and educational organisations | 6 | Alliance to Feed the Earth in Disasters - ALLFED (USA), CGIAR Research Program on Climate Change - Agriculture and Food Security (Netherlands), The International Center for Tropical Agriculture - CIAT (Colombia), International Research Institute for Climate and Society - Columbia University (USA), Munich Climate Insurance Initiative (Germany), World Resources Institute- WRI (USA). | ||||||||||
Non-governmental organisations | 9 | CARE (Germany), Germanwatch (Germany), Mercy Corps (United Kingdom), Red Cross Red Crescent Climate Centre (Netherlands), RESULTS UK (United Kingdom), SLYCAN Trust (Sri Lanka), START Network (United Kingdom), The Nature Conservancy (USA)
Womens World Banking (USA). | ||||||||||
National states | 13 | Canada, Ethiopia, EU, Fiji, France, Japan, Gambia, Germany, Madagascar, Marshall Islands, Switzerland, Netherlands, United Kingdom. | ||||||||||
Governmental actors | 0 | |||||||||||
Regional / state / county actors | 0 | |||||||||||
City / municipal actors | 0 | |||||||||||
Intergovernmental organisations | 14 | African Development Bank (Ivory Coast), Asian Development Bank (Philippines), Global Environment Facility - GEF (USA), Green Climate Fund (South Korea), Inter-American Development Bank (USA), International Cooperative and Mutual Insurance Federation - ICMIF (United Kingdom), International Development Finance Club (France), International Labour Organization -Impact Insurance Facility (Switzerland), Microinsurance Network (Luxembourg), OECD (France), The World Bank Group (USA), United Nations Development Programme - UNDP (USA), UNFCCC (Germany), WFP (Italy). | ||||||||||
Financial Institutions | 0 | |||||||||||
Faith based organisations | 0 | |||||||||||
Other members | 0 | |||||||||||
Supporting partners | 4 | African Risk Capacity (Ethiopia), Caribbean Catastrophe Risk Insurance Facility SPC (Cayman Islands), Deutsche Gesellschaft für Internationale Zusammenarbeit (Germany), Global Facility for Disaster Reduction and Recovery - GFDRR (USA). | ||||||||||
Number of members in the years |
| |||||||||||
Have only national states as participators | No |
Theme
Transport | Agriculture | Forestry | Business | Financial institutions | Buildings | Industry | Waste | Cities and subnational governments | Short Term Pollutants | International maritime transport | Energy Supply | Fluorinated gases | Energy efficiency | Renewable energy | Supply chain emission reductions | Adaptation | Other | Resilience | Innovation | Energy Access and Efficiency | Private Finance |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No | No | No | No | Yes | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | Yes |
Not only have national states as participators