Concept Development
Support innovative concepts to strengthen climate resilience
Developing Climate Risk Insurance Concepts
The lack of data and uncertainty about the regulatory and legal framework are some of the major obstacles for the development of innovative Climate Risk Insurance products in developing countries. With our support, market barriers can be identified and further assessed in order to develop appropriate strategies and provide the basis for new Climate Risk Insurance approaches.
In case Concept Notes submitted under a Call for Proposal are declined for co-funding but offer considerable potential for further development, we offer feasibility studies or advisory services to the respective Project Partners. The additional analysis and assessment supported by ISF help to further enhance the concepts for needs-based Climate Risk Insurance products. The advice in the concept development seeks to support the application of Project Partners for co-funding under a subsequent Call for Proposal.

Our Projects
Disaster Risk Assessment of Five Colombian Cities
Assets: Public infrastructure
Hazard: Flood, Landslides, Earthquake
Feasibility study on communal disaster risk insurance solution in Honduras
Assets: Public infrastructure
Hazard: Flood, Landslides
Making India’s crop insurance more inclusive through technology
Assets: Agricultural production
Hazard: Flood, Drought
Agriculture Risk Resilience Insurance Access Program in Malawi: Bundling climate risk insurance with Affordable Inputs Program (AIP in Malawi)
Assets: Property, financial losses, agricultural/crop production
Hazard: Drought/heatwaves, flood, extreme rainfall, tropical storm, cold spells
Smallholder Farm Drought Insurance in South Africa
Assets: Agricultural production
Hazard: Drought
Projects in Sri Lanka
Concept development for improvement of national natural disaster insurance scheme in Sri Lanka
Assets: Residential property, Emergency relief
Affordable Insurance Package(s) for Micro, Small and Medium-sized Enterprises in Sri Lanka Covering Flood Disaster Damages
Assets: Property, emergency relief
Hazard: Flood
Bundling index-insurance with weather alerts and agricultural advice
Assets: Agricultural production
Hazard: Drought, heat waves, extreme rainfall, flood
Sustainability of Rapid Response Reef Risk Financing in the MAR Region
Assets: Mesoamerican Reef
Hazard: Windstorms
Parametric Insurance for Smallholder Farmers of Maize in Mexico
Assets: Agricultural production
Hazard: Drought, Excess Rainfall
Providing index-based insurance to smallholder Farmers in Togo
Assets: Agricultural production
Hazard: Drought, Excess Rainfall
Introducing parametric typhoon insurance
Assets: Emergency Relief
Hazard: Typhoon
Insurance of fruits and vegetables in Uzbekistan
Assets: Agricultural crops
Hazard: Multi-Peril: Spring frost, wind, hail, flood
Disaster Risk Transfer Solutions for Urban Settings in Vietnam
Assets: Public assets
Hazard: Flood and Windstorms
Feasibility Study for the Tanzania Agriculture Insurance Scheme (TAIS)
Assets: Agricultural production
Hazard: Drought, Excess Rainfall
Feasibility study on insurance for public schools in Peru
Assets: Public schools
Hazard:Flood, Landslides, Earthquakes
List of Grants
Country | Project Lead | Title | Assets | Hazard | Status | More information |
---|---|---|---|---|---|---|
Colombia | Global Communities | Disaster Risk Assessment of Five Colombian Cities | Public infrastructure | Flood, Landslides, Earthquake | Closed | |
Honduras | Global Communities | Feasibility study on communal disaster risk insurance solution in Honduras | Public infrastructure | Flood, Landslides | Closed | |
India | PMFBY | Making India’s crop insurance more inclusive through technology | Agricultural production | Flood, Drought | Closed | |
Malawi | KMD | Agriculture Risk Resilience Insurance Access Program in Malawi: Bundling climate risk insurance with Affordable Inputs Program (AIP in Malawi) | Property, financial losses, agricultural/crop production | Drought/heatwaves, flood, extreme rainfall, tropical storm, cold spells | Ongoing | |
Mali | OKO Finance Ltd. | Bundling index-insurance with weather alerts and agricultural advice | Agricultural production | Drought, heat waves, extreme rainfall, flood | Ongoing | |
Mexico | TPA IDF | Parametric Insurance for Smallholder Farmers of Maize in Mexico | Agricultural production | Drought, Excess Rainfall | Closed | |
Mexico, Guatemala, Belize, Honduras | MAR Fund | Sustainability of Rapid Response Reef Risk Financing in the MAR Region | Mesoamerican Reef | Windstorms | Closed | |
Peru | IDF | Feasibility study on insurance for public schools in Peru | Public schools | Flood, Landslides, Earthquakes | Closed | |
Philippines | CelsiusPro | Introducing parametric typhoon insurance | Emergency Relief | Closed | ||
South Africa | CelsiusPro | Smallholder Farm Drought Insurance in South Africa | Drought | Closed | ||
Sri Lanka | Advisory IDF | Concept development for improvement of national natural disaster insurance scheme in Sri Lanka | Residential property, Emergency relief | Closed | ||
Sri Lanka | UNEP CCC, ADPC, AXA Climate, CCC, GBC, JBA and Sanasa | Affordable Insurance Package(s) for Micro, Small and Medium-sized Enterprises in Sri Lanka Covering Flood Disaster Damages | Property, emergency relief | Flood | Closed | |
Tanzania | IDF | Feasibility Study for the Tanzania Agriculture Insurance Scheme (TAIS) | Agricultural production | To be seen | Ongoing | |
Togo | Lorica | Providing index-based insurance to smallholder Farmers in Togo | Agricultural production | Drought, Excess Rainfall | Closed | |
Uzbekistan | TPA IDF | Insurance of fruits and vegetables in Uzbekistan | Agricultural crops | Multi-Peril: Spring frost, wind, hail, flood | Closed | |
Vietnam | TPA IDF | Disaster Risk Transfer Solutions for Urban Settings in Vietnam | Public assets | Flood and Windstorms | Closed |