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Гранты от InsuResilience Solutions Fund (ISF)

The mission of the InsuResilience Solutions Fund (ISF) is to support innovative solutions to mitigate these negative impacts of climate change. Therefore ISF fosters the development of needs-based and financially sustainable climate risk insurance products in developing and emerging countries, increasing the resilience of poor and vulnerable households against extreme weather events and natural catastrophes. As implementing programme of the InsuResilience Global Partnership the ISF is an important contribution of the German Government funded by KfW Development Bank to achieve the target of the international initiative on climate risk insurance ’InsuResilience’.

COVID19 disaster relief and preparedness targeting vulnerable sectors

In light of the ongoing COVID-19 pandemic, a holistic approach on disaster relief and preparedness seems more vital than ever in order to compensate (in-)direct effects on economic development and growth of ODA countries. Thus, the ISF especially welcomes project concepts targeting the sectors most vulnerable to effects of the pandemic, such as critical infrastructure, emergency relief and financial support of (M)SMEs.

Target Countries and Groups

·        Focus on poor and vulnerable households (< 15 USD PPP per day) either directly (through micro-level insurance) or indirectly (through meso- or macro-level solutions).

·        Countries in Asia and the Pacific, Africa and Latin America which are eligible to receive official development assistance (ODA) as defined by the OECD Development Assistance Committee and are vulnerable to extreme weather events. Nevertheless, countries that are official candidates for accession to the European Union or beneficiaries of the European Neighbourhood Instrument East are considered to be non-eligible for ISF funding. These include: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Turkey and Ukraine.

Target group of the ISF are joint initiatives of:

·        (local) public entities (e.g. national and regional government bodies or communities),

·        private companies in the insurance sector, and

·        NGOs, humanitarian organisations.

Additional Criteria

·        The insurance product covers at least one of the following perils:

o   flood, wind / storm, excess rain, drought/ heat waves, cold spells (a combination with other perils is possible).

·        The project has a lifespan of up to 24 months / the product is ready for market placement and launch within 24 months after funding approval.

·        A work, budget and time plan containing reliable cost estimations exist.

·        Relevant experience of implementing partners, reference project exist.

·        Funding is requested for product development related costs (e.g. data collection, IT, risk modelling, etc.).

 Apply By: 29 Jan 2021 Grant Amount: 2500000 Euro For more information please check the Link