The InsuResilience Investment Fund (IIF) promotes the development of climate risk insurance products by providing debt and equity, along with technical assistance, to qualified insurers, re-insurers and companies in the insurance value-chain in developing countries. The specific objective of the fund is to reduce the vulnerability of micro, small and medium enterprises (MSME), as well as low-income households, to extreme weather events. Currently, there are two investments in Africa, five in Latin America, one in Central Asia, and one global investment.
With the help of risk capital provided by public and private investors, up to 105 million poor and vulnerable people could benefit under InsuResilience by 2020.
Further information: http://www.insuresilienceinvestment.fund/