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March 27, 2026

Tripartite Agreement – Building Urban Flood Risk Resilience in Nigeria

Dive into the details of how this public-private partnership, led by the Lagos State Government, has delivered a blueprint for technology driven flood-risk insurance that can be applied for resilience building in climate-vulnerable countries and cities around the world.

✔ Protecting up to 4 million people.
✔ Unlocking up to US$7.5 million in rapid financing.
✔ Blueprint for public–private projects to increase climate-resilience.

The case study unpacks the instrumental role of each partner in this public-private collaboration, working together to assess climate risks and vulnerabilities, design and place the parametric flood-risk insurance policy on the market, and advance institutional Climate and Disaster Risk Finance and Insurance (CDRFI) capacity.

You can find the full case study here:

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