Innovative climate risk insurance wanted – 5th Call for Proposals of the ISF is open now!

Timeframe

The 5th Call for Proposals of the InsuResilience Solutions Fund (ISF) is open until 16 April 2021 at 23:59 CET.

Attention

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, with products focusing on providing coverage against climate change related perils such as flood, wind/storm, excess rain, drought/heat wave, cold spells (in combination with others).

Examples: Nat Cat, business interruption, property or agricultural insurance.

How to apply

In the download section of the ISF’s website, you will find the mandatory Concept Idea Template to submit your project proposal, as well as further guiding documents regarding the funding and eligibility criteria.

Before submitting your Concept Note, please pay close attention to the provided overview.

Eligibility

The ISF supports the development of innovative and sustainable climate risk insurance products in countries of Latin America, Africa and Asia eligible to receive official development assistance (ODA) with grand-based co-funding of up to EUR 2.5m in order to improve the resilience of households living on less than USD 15.00 Purchasing Power Parity a day.

For any further questions and / or enquiries about the ISF, please reach out to info@insuresilience-solutions-fund.org.