Inclusive insurance and risk financing in Jordan. Snapshot and way forward 2023

Inclusive insurance and risk financing in Jordan. Snapshot and way forward 2023

December 22, 2023

This report presents the main findings of UNDP’s inclusive insurance and risk finance country diagnostic for Jordan. It sets out key risks, the current inclusive insurance and disaster risk finance landscape, and recommendations to advance inclusive insurance, risk finance and development.

Jordan’s main risks include earthquakes, floods and droughts. Inclusive insurance is limited, but regulations are under development. No sovereign disaster risk financing mechanisms are in place, but a Disaster Risk Reduction Strategy has been developed.

Recommendations include creating an enabling regulatory environment for inclusive insurance; building capacity for sharing and using disaster risk information; and developing a disaster risk financing strategy.