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GRMA hosted by ISFAs the IPCC is set to publish its findings on climate change adaptation, the German government commits an additional EUR 21 million to enhancing resilience to climate risks and improving climate risk analytics.
As the IPCC is set to publish its findings on climate change adaptation, the German government commits an additional EUR 21 million to enhancing resilience to climate risks and improving climate risk analytics. Germany’s partners in implementing these programmes are the V20, a finance ministers alliance of climate-vulnerable countries, and the Insurance Development Forum, a public-private partnership with the insurance industry. The funding will be administered via KfW´s InsuResilience Solutions Fund (ISF) with EUR 11 million going towards the establishment of the Global Risk Modelling Alliance (GRMA) and EUR 10 million for premium financing for countries.
Read the full press release here
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