The InsuResilience initiative seeks to increase insurance coverage to protect people against the adverse impacts of extreme weather events. Its goal is to facilitate access to direct or indirect insurance for an additional 400 million poor and vulnerable people in developing countries by 2020.
“We will intensify our support, particularly for vulnerable countries’ own efforts to manage climate change-related disaster risk and to build resilience. We will aim to increase by up to 400 million the number of people in the most vulnerable developing countries who have access to direct or indirect insurance coverage against the negative impact of climate change-related hazards by 2020 […]. To do so we will learn from and build on existing risk insurance facilities…”
G7 Elmau Leaders’ Declaration, 8 June 2015