MCII Position on G20's Role in Climate Risk Insurance and Pooling
In light of the upcoming G20 summit in July this year, MCII has taken the opportunity to provide suggestions on how the G20 can shape their agenda in advancing risk pooling instruments.
The position paper includes three sections:
1: Setting out major gaps in enhancing climate risk insurance coverage for poor and vulnerable countries.
2: Addressing the question of how to enhance demand through smart support instruments by describing key messages for premium support.
3: Articulating recommendations on how the G20 can meaningfully advance the climate risk insurance agenda, including
- a principles based approach to climate risk insurance (p.5);
- an action plan for the G20 (p.6), and
- a global partnership on climate risk insurance (p.6)
Read more by downloading the full position paper HERE