A virtuous
cycle

In a world of rising risks, insurance and risk finance provide financial stability and releases economic potential. By enabling financial management of risks and absorbing the financial impact of shocks, insurance de-risks investment and, in doing so, safeguards development.

Our offer

Leveraging global expertise and resources, the Insurance and Risk Finance Facility works with public and private partners to build the financial resilience of countries, households, businesses, nature and food systems. We develop tailored insurance solutions at the country level, while also investing in the long-term transformation of insurance markets. 

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Global Advocacy and Leadership

Insurance and risk financing are powerful but underused tools for development. In key global forums and processes, UNDP is leading on foregrounding risk transfer solutions.

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Building Capacity to Financially Manage Risks

Financial protection depends on risk awareness, data, modelling and analytic capacity. UNDP is helping to integrate this expertise into financial decision-making at all levels.

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Insurance Market Development

UNDP is engaging both public and private sectors to develop affordable and accessible insurance solutions for developing countries, households, business and farmers. 

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Research and Evidence

UNDP is building a global knowledge ecosystem for insurance and risk financing, helping to make the case for insurance and risk finance and supporting informed decision-making.

Advocacy
Capacity
Market Development
Research

Cross-cutting activities

Leadership, partnership, gender inclusion, innovation, technology and data are key elements of UNDP’s financial resilience strategy and are increasingly integrated across UNDP’s insurance and risk finance portfolio. These cross-cutting and interrelated features are part of the Insurance and Risk Finance Facility’s systems approach to delivering holistic country solutions.

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Leadership and partnership

UNDP partners with the insurance industry, global and national, on major programmes of work. It also leads in international networks and forums such as the Insurance Development Forum.

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Incentivizing innovation

UNDP is incentivizing the creation of innovative, tailored insurance products, as well as distribution channels, communications and claims processes, to unlock financial inclusion at scale.

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Integrating gender commitments

UNDP recognizes that all our financing and activities potentially impact on and are influenced by gender equality and women’s empowerment in implementation contexts. We are implementing a Gender Commitment across all areas of work.

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Access to data and new technologies

UNDP is harnessing increased data availability, increased capacity to process data, and new tools for communicating risk data and mitigation advice to improve efficiency and scale of country-level solutions. 

Leadership
Innovation
Gender
Data & Tech