Online event: Building climate resilience through insurance: Lessons from the InsuResilience Investment Fund’s first six years

Online event: Building climate resilience through insurance: Lessons from the InsuResilience Investment Fund’s first six years

The InsuResilience Investment Fund (IIF) is hosting an event at this years’ InsuResilience Global Partnership Annual Forum. The virtual side event “Building climate resilience through insurance: Lessons from IIF’s first six years” will take place on the 10th of December 2020 at 15:15 – 16:30 CET.

In addition to the side event, IIF will participate on Day 4 of the Annual Forum. Maria Teresa Zappia, Chief Impact & Blended Finance Officer of the IIF Fund Manager BlueOrchard Finance, will participate in a panel discussion on “Impacting lives”.

Learn more about the event below and register today to guarantee your place.

Session description

How can we mobilize private finance to achieve real and lasting impact through offering climate insurance in developing countries? Join the IIF for a stimulating discussion to learn from its experience after six years of building climate resilience through climate insurance in Africa, Asia, Latin America and the Caucasus.

On the day that the IIF launches its new report “Protecting low-income communities through climate insurance: Achievements from the InsuResilience Investment Fund” authored by IIF, Acclimatise and Climate Finance Advisors, the panel will discuss how the IIF has used a blended finance approach to direct private capital towards building climate resilience through insurance. We will hear directly from two of IIF’s investees about how the Fund‘s investment and support has helped them to launch and grow climate insurance products, in Nigeria and in Pakistan.

The panel also includes representatives from IIF’s fund managers as well as its public and private investors, who will provide insights into how the IIF has raised USD 167 million and invested USD 133 million in 21 companies from across the insurance value chain. Through its unique model, the IIF has extended climate insurance cover to 25 million poor or climate vulnerable people in developing countries.

The session will give participants the opportunity to learn about the IIF’s strategic approach to developing an emerging ecosystem of insurance entities in developing countries and delivering real resilience benefits to poor and climate vulnerable people, and at the same time, delivering value for its investors.

The panel: Moderated by Lea Mueller, Head of Consulting at CelsiusPro, the panel will include:

  • Stefan W. Hirche is Principal Portfolio Manager at KfW, Germany
  • Chukwuma Kalu, Head, Agric Insurance & Emerging Business, Royal Exchange General Insurance Co. Ltd, Nigeria
  • Qasim Raza, Associate Principal, Investment Team, Open Society Foundation, UK
  • Zainab Saeed, Head of Research & Development at Kashf Foundation, Pakistan
  • Maria Teresa Zappia, Chief Impact & Blended Finance Officer, Deputy CEO BlueOrchard Finance, Switzerland

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