Lusaka, Zambia:
On 5 November, MCII together with ILO Impact Insurance Facility and GIZ organised a pre-workshop on the auspices of the 14th International Microinsurance Conference to share good practices and spur promising ideas to help advance the application of Climate Risk Insurance in different sectors.
Session 1 – Welcome and Overview
Topics for discussion:
- Integrated climate risk management
- Importance of climate risk management for better adaptation and improved resilience
- Interactive Gaming Exercise
Session 2 – Sources of Finance and Partnerships
The session intends to outline possible pathways of acquiring the right kind of funding for different applications of CRI
Topics for discussion:
- Public-Private partnerships: models for scaling? (Antonis Malagardis, GIZ)
- Raising funds from private sources – social impact investors and bonds (Emily Coleman, IFAD)
- Experience sharing and idea generation (all participants share their experiences)
Session 3 -Innovations in insurance and matching it to the consumers’ needs: Bundling, aggregation
Topics for discussion:
- Lessons from contract farming (Saskia Kuhn, GIZ)
- Bundling of insurance products with financial and non-financial services (Pranav Prashad, ILO)
Session 4 – Opportunities and barriers for ICR in different sectors
Topics for discussion:
- MSMEs (Abderrahman Amor, Regional government in Agadir, Morocco)
- Urban Development (Weihua Fang, Academy of Disaster Reduction and Emergency Response, Beijing Normal University)
- Renewable Energy (Eike Behre, GIZ)
- Agricultural Sector (Ahmed Gibrilla, Ministry of Food and Agriculture, Ghana)
Session 5 – Interactive tools
- Economics of Climate Adaptation, ECA (Maxime Souvignet, MCII)
- DRM Toolbox (Daniel Asare-Kyei, Esoko)
- Awareness Raising through Volunteers (Jennifer Phillips, MCII)
- Experience sharing and idea generation (all participants share their experiences)