Overview

Mozambique has the seventh highest disaster risk of all the world’s countries. A Least Developed Country heavily reliant on agriculture, the country is in urgent need of mechanisms to protect lives and livelihoods, as climate change increases risk from flooding, droughts and tsunamis.

UNDP’s Insurance and Risk Finance Facility is working with government, industry and partners in Mozambique to develop sovereign risk financing solutions and improve the enabling environment for insurance market development.

Main Natural Hazards

Flood, Drought, Tsunami

1
1 Source:
https://drmkc.jrc.ec.europa.eu/inform-index/INFORM-Risk/Country-Risk-Profile
State of multidimensional fragility

Fragile

1
1 Source:
https://www3.compareyourcountry.org/states-of-fragility
Number of insurance providers

16 insurance companies

1
1 Source:
https://clubofmozambique.com/news/mozambique-bank-insurance-finance-chiefs-worried-about-red-tape-scrutiny-252934/
% Workforce engaged in agriculture

70% (2022)

1
1 Source:
https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS
Multidimensional poverty

61.9% (2019/2020)

1
1 Source:
https://hdr.undp.org/system/files/documents/hdp-document/2023mpireporten.pdf
Insurance penetration

1.9% (2020)

1
1 Source:
https://www.standardbank.com/static_file/StandardBankGroup/filedownloads/RapidEvolutionofInsuranceAfricaReport.pdf
Biodiversity ranking

#30 out of 239 countries and territories (2023)

1
1 Source:
https://worldrainforests.com/03highest_biodiversity.htm
Small business % contribution to workforce

42.9% of formal sector employment (2022)

1
1 Source:
https://www.idos-research.de/uploads/media/Studies_53.pdf

Our projects

Village in Mozambique