About the IGP
The InsuResilience Global Partnership is an interactive, inclusive, and global multi-stakeholder partnership
What we do
Vision 2025
Governance
IGP History at a Glance
What we do
The adverse effects of climate change are noticeable already today, and extreme weather events like hurricanes and droughts are increasing rapidly. Funding for disaster response and recovery is still mainly arranged after a disaster occurs, increasing the cost of disasters and their impact on lives and livelihoods.
Increasing pre-arranged finance, which disburses quickly and reliably when disasters strike, and expanding financial protection instruments for governments, communities, businesses, and households can lower the impact of disasters. Making vulnerable countries’ economies more resilient and effectively support protecting the lives and livelihoods of poor and vulnerable people.
Against this backdrop, the InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance was officially launched at the UN Climate Conference COP23 in November 2017 to significantly strengthen the resilience of the world’s most vulnerable people to climate and disaster risk.
The InsuResilience is an interactive and inclusive international platform that:
Facilitates accessible and affordable products and solutions for vulnerable countries by linking needs to solutions
Drives a common global agenda to raise ambition levels
Enables convergence, collaboration and coordinated implementation efforts by empowering actors
Integrates climate and disaster risk finance and insurance (CDRFI) in climate adaptation and resilience policy and enables sharing of best practices
Vision 2025
The InsuResilience Global Partnership’s vision is to strengthen the resilience of developing countries and to protect the lives and livelihoods of poor and vulnerable people from the impacts of climate shocks and disasters by enabling faster, more reliable and cost-effective responses.
Governance
The InsuResilience Global Partnership implements and expands climate risk finance and insurance solutions through its main bodies. These include the High-Level Consultative Group, the Program Alliance, and the Centre of Excellence on Gender-smart Solutions. In addition, the Partnership Forum, which consists of the Annual Forum and the focus topic groups, offers a platform for active collaboration for our members and the broader CDRFI community. Finally, the InsuResilience Secretariat serves as a support and coordination unit for the Partnership and its community.
High-Level Consultative Group
Your Subtitle Goes Here
The High-Level Consultative Group (HLCG) sets the strategic direction of the Partnership and provides a global strategic vision for the evolution of the CDRFI agenda. It ensures effective coordination and sharing of information, promotes strategic alignment of the Partnership Forum and the Program Alliance, and provides strategic guidance to the Partnership. The HLCG promotes exchange between V20 and G20+ in climate and disaster risk finance and insurance.
The HLCG is formed by representatives from all our member groups, reflecting the diversity of stakeholders within the Partnership. Two Co-Chairs, representing V20 and G20+ members each, lead the HLCG and represent the Partnership. They oversee the Secretariat and take decisions based on proposals and input provided by members and the Secretariat. Furthermore, they set the overall direction for the Partnership Forum with support from the Secretariat.
The InsuResilience Focus Topics
Your Subtitle Goes Here
The InsuResilience Global Partnership facilitates the exchange of innovative ideas and shares learning among all its members along key thematic focus topics. The Secretariat encourages members to actively engage in core topics related to climate and disaster risk finance and insurance (CDRFI) from academic and practical perspectives, such as capacity building, evidence-building, gender-responsiveness, innovation and new product development. The results feed into the Partnership Forum and inform the HLCG. To streamline these efforts and bundle respective member contributions, the Secretariat currently coordinates peer learning on the following focus topics: Gender, Integrated Approaches, and Impact.
Centre of Excellence on Gender-smart Solutions
Your Subtitle Goes Here
The InsuResilience Centre of Excellence on Gender-smart Solutions (‘CoE’) plays a crucial role in identifying gender-equitable disaster risk management strategies and supports the design, promotion and integration of gender-responsive and -sensitive approaches to CDRFI solutions. The CoE serves as a global platform that enables members to create gender-transformative action on the ground by accessing the latest knowledge, sharing and obtaining hands-on guidance, and engaging in a vibrant community re-thinking gender inclusiveness within CDRFI.
Secretariat
Your Subtitle Goes Here
The InsuResilience Secretariat serves as a support unit for the Partnership.
It facilitates coordination, knowledge sharing, matchmaking, monitoring & evaluation and supports all Partnership bodies.
Established in 2016 in Bonn, the InsuResilience Secretariat is hosted at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development.
The Secretariat:
- fosters an inclusive dialogue and coordination among various stakeholders while maintaining neutrality
- drives a common agenda of stakeholders to raise global ambitions and set standards
- links potential collaborators as an ‘honest broker
- facilitates knowledge management while continuously scouting for new trends
- improves transparency between actors, projects and solutions
- monitors and evaluates progress on target achievements
Partnership Forum
Your Subtitle Goes Here
The Partnership Forum is a platform to share experiences and exchange knowledge, lessons learned, best practices and innovations, and raise awareness about CDRFI solutions by inclusively engaging all Partnership stakeholders.
The Partnership Forum brings together members of the CDRFI community not only through its InsuResilience groups working on the InsuResilience focus topics mentioned above. But it also fosters collaboration and exchange through its flagship event: the InsuResilience Annual Forum, which brings together all Partnership members and the wider resilience community.
Program Alliance
Your Subtitle Goes Here
The Program Alliance is the collaborative delivery vehicle of the InsuResilience Global Partnership (IGP), bringing together members from donors and implementing partners that share the common ambition to strengthen the financial resilience of poor and vulnerable people against climate and disaster risks. Its purpose is to facilitate efficient and coordinated global action on climate and disaster risk finance and insurance.
As the collaborative delivery vehicle of the Partnership, the Program Alliance delivers a complete package of services related to CDRFI, including:
(a) research, data, modelling, innovation & learning;
(b) technical assistance;
(c) solution design and implementation;
(d) financial assistance, including premium and capital support and contingent financing
InsuResilience Timeline
The InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance was officially launched at the UN Climate Change Conference COP23 in November 2017. It brings together V20 and G20+ countries, civil society, international organisations, the private sector, and academia. Since the launch, more than 120 partners have joined the Partnership.
This timeline gives an overview of key milestones, political events, selected member highlights, and main Partnership developments.
Program Alliance Autumn Meeting chaired by UK
UNFCCC COP26 in Glasgow
COP26 even highlights to include:
Launch of V20-led Sustainable Insurance Facility
Joint announcement of the V20 Group and the IDF to work together on the Global Risk Modelling Alliance and the Global Resilience Index Initiative
Launch of the InsuResilience Evidence Roadmap
Official launch of the InsuResilience Centre of Excellence on Gender-smart Solutions
Launch of V20-led Sustainable Insurance Facility
Joint announcement of the V20 Group and the IDF to work together on the Global Risk Modelling Alliance and the Global Resilience Index Initiative
Launch of the InsuResilience Evidence Roadmap
Official launch of the InsuResilience Centre of Excellence on Gender-smart Solutions
5th High-Level Consultative Group (HLCG) Meeting
Approval of the Principles for SMART Premium and Capital Support
Enhanding the Global Architecture on Climate and Disaster Risk Finance and Insurance (CDRFI) set as strategic InsuResilience topic for 2022
USA joined the HLCG, represented by USAID
InsuResilience 2021 Annual Forum
“On our Way to Achieving Vision 2025 – Moving from Political Ambition to Implementation”
UNDP launches its new flagship initiative: Insurance and Risk Finance Facility (IRFF)
Program Alliance Workshop
Technical review of the Principles for SMART Premium and Capital Support
Caribbean risk pool CCRIF makes its largest single payout to date
Haiti receives USD 40 million to support recovery after 7.2 magnitude earthquake on 14 August
First V20 Climate Vulnerables Finance Summit Sustainable Insurance Facility (SIF)
The SIF was announced as key V20 initiative
First independently sponsored Catastrophe Bond in the Caribbean launched by Jamaica, supported by the World Bank’s Global Risk Finance Facility (GRiF)
4th High-Level Consultative Group (HLCG) Meeting
Commissioning the development of principles for sustainable and affordable premium and capital support, Germany announces support for the V20-led Sustainable Insurance Facility (SIF)
G7 Summit, Carbis Bay, Cornwall, UK
Announcing package of support from UK, Germany and USA: UK and Germany pledge GBP 120m and EUR 125m for early action and disaster risk finance programmes under InsuResilience
2021 Insurance Development Forum (IDF) Summit
InsuResilience Vision 2025 recognized by UN Secretary General as concrete commitment to build greater resilience to rising climate risks
Four new Sectoral Communities launched under the Integrated Approaches Working Group
Anticipatory Action
Resilient Infrastructure
Nature-based Solutions
Resilient Agriculture
Canada commits funding for CoE
Canada commits funding for further activities under the InsuResilience Centre of Excellence on Gender-smart Solutions
G7 Foreign and Development Ministers’ Meeting
Reaffirmed support for the InsuResilience Vision 2025
Program Alliance Spring Meeting chaired by UK
Focus on progress and alignment of programmes
3rd Gender LIVE TALK Session
Implementing gender-related Climate Risk Finance strategies, in collaboration with FARM-D
InsuResilience Global Partnership joins the UN-backed Race to Resilience campaign
Climate Adaptation Summit 2021
Multiple ambitious initiatives launched to scale up adaptation action, Germany pledges EUR 120 million in support for the InsuResilience Global Partnership
4th InsuResilience Global Partnership Form
Protecting Development in a changing climate risk
The InsuResilience Global Partnership High-Level Consultative Group 3rd Meeting
The HLCG members endorsed the Declaration on Gender. The objective of this declaration is to address differential impacts of climate change and disaster risks related to women and men in all their diversity, including their specific needs and roles.
Global Risk Financing Facility (GRIF): UK Government announced a new contribution of up to £ 90 million
International Conference on Inclusive Insurance in Dhaka Bangladesh
Global Risk Financing Facility (GRIF): UK Government announced a new contribution of up to £ 90 million
United Action Climate Summit and beyond 3 Tripartite Agreement
Insurance Development Forum (IDF), German Government and United Nations Development Programme (UNDP) scaling up action, Supporting the Global Commission on Adaptation Action Tracks, Kick-off Sustainable Insurance Facility (SIF)
Centre for Disaster Protection: developing and endorsing a five-year strategy for 2019–2024
Launch of the Working Group on Gender
Virtual meeting of the Partnership’s High-Level Consultative Group: Endorsing Vision 2025 and adopting Pro-Poor Principles
United Nations Development Programme: new member of the Program Alliance
InsuResilience Secretariat representing the Partnership at the Global Platform for Disaster Risk Reduction in Geneva
IDF Working Group on Inclusive Insurance
Establishment of a new vision aligned with the InsuResilience Global Partnership (co-chaired by the InsuResilience Secretariat).
InsuResilience Solutions Fund operational and calling for proposals
Second InsuResilience Global Partnership Forum: “Paving the way to effective risk finance solutions”
InsuResilience Global Partnership Working Groups draft Pro-Poor Principles and develop model on integrated approaches of climate-risk solutions
The Program Alliance’s 3rd Collaboration Workshop
V20 Ministerial Communique in Bali, Indonesia, endorses further collaboration within the G20 and the InsuResilience Global Partnership on issues of risk finance and insurance.
World Bank Group, Germany, and UK launch USD 145 million Global Risk Financing Facility at World Bank Annual Meeting in Bali
The first of two Innovation Labs on Innovative Financing for Refugee Crises launched by the Centre for Global Disaster Protection and International Rescue Committee.
The first G20 Insurance Forum, Bariloche, Argentina
G20 regulators draft communique on role of insurance for resilience and sustainable development
Launch of the new ARC Replica for humanitarian organizations to top up insurance cover
Launch of the first InsuResilience Global Partnership Survey
V20 Meeting Working Groups convene with support from MCII and InsuResilience Global Partnership in Addis Ababa, Ethiopia. Republic of the Marshall Islands become the new Chair of the V20
IIS’s Global Insurance Forum meets to engage with the InsuResilience Global Partnership and work on a roadmap for the New York Climate Summit 2019
The establishment of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF) was agreed upon at the ASEAN+3 Finance Minister’s Meeting.
First InsuResilience Global Partnership working groups formed
M&E and pro-poor principles
data as a public good
integrated approaches for climate-risk insurance, and risk reduction
First strategic meeting on establishing the Global Risk Financing Facility (GRIF) in Washington
The Program Alliance’s second Collaboration Workshop
VisionFund International, Global Parametrics, and InsuResilience Investment Fund launch the African and Asian Resilience in Disaster Insurance Scheme (ARDIS)
Development and Finalisation of the InsuResilience Partnership Governance Structure
Development and Finalisation of the InsuResilience Partnership Concept Note
ARC paid out USD 2.4 million to Mauritania.
Centre for Global Disaster Protection and Lloyds of London hold Innovation Lab on Financial Instruments for Resilient Infrastructure
Key Governance Documents
Quick Access to the governance documents of InsuResilience Global Partnership
Concept Note: Shaping the InsuResilience Global Partnership
PDF // 1,0 MB
The vision of the InsuResilience Global Partnership is to strengthen the resilience of developing countries and protect the lives and livelihoods of poor and vulnerable people against the impacts of disasters.
Pro-Poor Principles
PDF // 1,3 MB
The InsuResilience Pro-Poor Principles strive to align all partners. They will build on the momentum for improving the resilience impact for vulnerable groups and communities through a people centered approach.
Co-Chair Conclusions of the InsuResilience Global Partnership’s 6th HLCG Meeting
PDF // 0,3 MB
The High-Level Consultative Group (HLCG) reconvened to follow up on the strategic topic set at its previous meeting, the enhancement of the Global Climate and Disaster Risk Finance and Insurance (CDRFI) Architecture.
InsuResilience Global Partnership Vision 2025
PDF // 0,3 MB
The vision of the Partnership is to strengthen the resilience of developing countries and to protect the lives and livelihoods of poor and vulnerable people from the impacts of disasters.