UNDP Uganda
UNDP/Daniel Stander
UNDP Bangladesh
Development is under threat. Our changing climate undermines development progress and exploits entrenched vulnerabilities, while people continue to be left behind by growing poverty and inequality, technological disruption and environmental degradation. The devastating impacts of COVID-19 have highlighted the fragility of our country and community resilience. Insurance and risk-finance are critical to building resilience and protecting people’s lives and livelihoods from these increasingly interconnected crises.
How do we protect communities and build resilience?
Faced with increasing health, climate and socio-economic crises, insurance and risk financing protect critical assets, lives and livelihoods, helping prevent people from entering a downward spiral of debt and vulnerability. By building social protections, fostering entrepreneurism and creating new opportunities & freedom of choice, insurance and risk finance also underpin economic growth.
Working with industry and governments across 5 interrelated workstreams, we innovate scalable insurance, risk finance and investment solutions to help countries achieve the Sustainable Development Goals (SDGs).
Integrating the analytical capacity and expertise of the insurance industry into development.
Providing a critical pathway to protect communities and broaden financial inclusion.
Providing countries with assistance to deliver risk finance solutions across development, recovery and humanitarian settings.
Investing in risk and resilience that protect natural assets while decreasing community vulnerability.
Pivoting insurance investors towards SDG-aligned projects in developing countries.
Resources and tools for scaling Insurance & Risk Finance solutions
In collaboration with industry, governments and other partners, the Facility produces policy advice, guidance, tools, methodologies & networks to strengthen country and community resilience to socio-economic, health, climate and other shocks.
The UNDP Insurance & Risk Finance Facility brochure highlights the challenges and opportunities to grow insurance and risk financing, as well as an overview of the Facility’s objectives and 5 interrelated focus areas.
Designing, implementing and monitoring policies and programmes for sustainable development is particularly challenging in fragile and conflict-affected contexts. This report informs the potential evolution of policies through case study applications of a risk-informed development (RID) approach in two contexts: Myanmar and Niger.
This report breaks down the technical, regulatory, and financing challenges insurers face in scaling investment into climate-resilient infrastructure. It offers solutions and insights into how the UN system and development finance institutions can support the industry to allocate a greater portion of its AUM into this critical asset class.
Global Partnerships & Commitments
The Facility delivers on both the Sustainable Development Goals (SDGs) and the InsuResilience Global Partnership Vision 2025. Global partnerships include the Tripartite Agreement between BMZ, UNDP and the Insurance Development Forum, with thanks to the German Government for providing significant financial support.
Latest Tweets
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
UNDP Sustainable Finance@UNDP_SDGFinanceStakeholders from the insurance industry, government, and development partners met in Addis Ababa to identify mecha… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
UNDP Ethiopia@UNDPEthiopia#Today a high-level workshop brought together stakeholders from the insurance industry and government to identify &… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people in deve… twitter.com/i/web/status/1…
-
UNDP Sustainable Finance@UNDP_SDGFinance.@UNDP_Pakistan RR @knutostby & UNDP IRFF’s @JanKellett confirm to @ClimateChangePK Minister @sherryrehman UNDP’s r… twitter.com/i/web/status/1…
-
UNDP Sustainable Finance@UNDP_SDGFinancePakistan needs $16B to recover from 2022 floods. Expect massive future fiscal burden if insurance isn’t integrated… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebCALL FOR APPLICATIONS: Mutual/cooperative insurers working to strengthen the financial resilience of people, especi… twitter.com/i/web/status/1…
-
ICMIF@ICMIF_WebICYMI: @UNDP & The ICMIF Foundation issued a Call for Applications to mutual and cooperative insurers to develop pr… twitter.com/i/web/status/1…
-
UNDP Sustainable Finance@UNDP_SDGFinance
-
UNDP Sustainable Finance@UNDP_SDGFinance
-
Precious C. Akanonu@PreciousAkanonuOnly 2% of the Nigerian population (I.e. about 2.1 million adults) held at least one regulated insurance product in… twitter.com/i/web/status/1…
-
Precious C. Akanonu@PreciousAkanonuTo the ladies in the room 🥁👏🏽🥳 keep up your good work! #WomensHistoryMonth #insurance4SDGs #IRFFNigeria… twitter.com/i/web/status/1…
-
Precious C. Akanonu@PreciousAkanonuAt the validation workshop for the Diagnostic Report on Inclusive Insurance and Risk Financing in Nigeria. It serv… twitter.com/i/web/status/1…
-
UNDP Sustainable Finance@UNDP_SDGFinanceICYMI: @UNDP & @ICMIF_Web Foundation issued a Call for Applications to mutual and cooperative insurers to develop p… twitter.com/i/web/status/1…