Cambodia
Cambodia
Overview
A lower-middle-income country, Cambodia is heavily reliant on climate-sensitive economic sectors like agriculture, fishing and tourism. As the impacts of climate change intensify, these key sectors are under threat from increased flooding, drought, saline intrusion and extreme temperatures. Insurance and risk finance can help build resilience for those most at risk and protect the country’s development.
UNDP’s Insurance and Risk Finance Facility is providing technical assistance in Cambodia to identify insurance and risk finance solutions that meet the country’s needs, increasing institutional capacity and determining pathways to protect economic activity and safeguard human development.
Main Natural Hazards
Drought, Flood
1
State of multidimensional fragility
Fragile
1
% of population covered by inclusive insurance products
3%
1
1
Source:
The Microinsurance Network, Landscape of Microinsurance 2023, Based on target population estimate for Uganda of 27,676,946 people
https://microinsurancenetwork.org/resources/the-landscape-of-microinsurance-2023
Biodiversity ranking
#54 out of 239 countries and territories (2023)
1
Small business % contribution to workforce
70% of total employment (2018)
1
Multidimensional poverty
16.6% (2022)
1
Insurance penetration
1.16% (2023)
1
Number of insurance providers
14 life insurance companies, 18 non-life insurance companies, 7 microinsurance companies and 1 reinsurer
1
% Workforce engaged in agriculture
37% (2022)
1