Focus Topic: Impact

We develop consensus-driven, science based Monitoring, Evaluation and Learning system for the InsuResilience Global Partnership

About the focus topic Impact

Impact is one of the Partnership’s key areas of work. It is so far organized under the Impact Working Group, a successor of the Monitoring and Evaluation (M&E) Working Group. The objective is to develop a consensus-driven, science-based Monitoring, Evaluation and Learning (MEL) system for the InsuResilience Global Partnership. The Partnership’s MEL system aims to set out global standards for impact measurement and monitoring of Climate and Disaster Risk Finance and Insurance (CDRFI) generally, as well as to measure progress towards the targets set in the Partnership’s Vision 2025.

The Impact Working Group (WG) has so far consisted of members from various sectors, including implementation programmes, the private sector, academia and NGOs. The Group was co-chaired by Vositha Wijenayake, Executive Director of SLYCAN Trust, Tara Chiu, Associate Director of Feed the Future Innovation Lab for Markets, Risk & Resilience at UC Davis and Soenke Kreft, Executive Director of the Munich Climate Insurance Initiative (MCII), with support from the InsuResilience Secretariat.

Key milestones and achievements include:

The development of the pro-poor principles which form the foundation of the InsuResilience Global Partnership (2018)
The development of the InsuResilience Theory of Change (2020)
The establishment of a comprehensive MEL framework (2020) including approval of a Background Note on targets and indicators for Vision 2025 (2021)
The review of the respective M&E indicators as well as the launch of an Evidence Roadmap which identifies existing research gaps within the CDRFI landscape (2021)

This has led to efficient and effective MEL processes within the Partnership that measure the impact towards achieving the Vision 2025. Currently, to deliver better insights on the impact dimension, the Partnership is conducting and commissioning research by applying the full toolbox of impact evaluation under the aforementioned Evidence Roadmap.

Priority work areas

Continue driving forward the evidence building process under the Evidence Roadmap.

Serving as a technical sounding board for the Partnership’s MEL framework and processes.

Observe the research activities commissioned by the Secretariat such as studies on SMART Premium and Capital Support and Gender responsiveness.

How we work

To enhance contributions to the Evidence Roadmap, the Secretariat may assist in identifying research questions, the matchmaking with other research entities or support in the assessment of funding. Also, as a member you can bring in your current research and present it during our meetings to gather feedback or further ideas. Finally, relevant research would be featured within the Evidence Roadmap and therefore linked on the InsuResilience homepage and potentially shared with the community