New online database provides comprehensive information on climate risk insurance

The Climate Insurance is the first-ever online database on climate risk and a recent collaborative effort to promote risk transfer and insurance as an approach to more effectively manage the increasing number of disasters and their impacts on vulnerable communities.

The database shares the experiences of numerous international organizations in the field of risk transfer and insurance solutions in the context of climate risk management and disseminates information on good practices and innovative solutions.

The database was launched by the Global Index Insurance Facility (GIIF), the Munich Climate Insurance Initiative (MCII), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, commissioned by the German Government.

Several signatories and supporting institutions to UN Environment’s Principles for Sustainable Insurance who offer climate risk solutions have contributed. Factsheets and InFocus papers dedicated to projects led by The Co-operators, Insurance Australia Group, Unipol and Finance Norway are accessible on the database.

To view the database and find out more about the project, please visit the Global Index Insurance Facility’s website here.