In support of the G7 InsuResilience Initiative, MCII undertook a study to understand how climate risk insurance can most effectively target the poor and vulnerable. The study contributes to the learning process and the global discussion on addressing climate change risks for the poor and vulnerable. The results presented in this research report, and the Pro-Poor Principles for Climate Risk Insurance in particular, are MCII’s contribution to supporting and guiding current and future efforts to reach the poor and vulnerable with climate risk insurance.