Climate risk insurance for resilience: assessing countries' implementation plans
This report provides the first bottom-up assessment of countries’ articulated demands over climate risk insurance in their climate policy pledges as part of the Paris Agreement. It is the result of a collaboration between the Munich Climate Insurance Initiative (MCII) and the German Development Institute (GDI/DIE). In conjunction with the launch of this report, the NDC Explorer – the leading interactive online visualization tool on countries’ commitments to the Paris Agreement – is to be updated to capture countries’ intended policies on climate risk insurance. In a first section, the report elaborates on what climate risk insurance means for resilience; the main part consists of an analysis of climate risk insurance and how it is featured in the NDCs; and lastly, the report concludes with policy recommendations.