The Munich Re Foundation started its work in 2005. People are ultimately at the core of what the foundation’s work is all about. The foundation’s task is to minimise the risks to which they are exposed. It clarifies issues and provides support, especially in developing countries.
The activities concentrate on four fields. These reflect the demands made on the Foundation: knowledge accumulation and implementation; clarification and sensitisation; networking; direct help and support.
Disaster Reduction Goal
The Munich Re Foundation supports people at risk, making use of Munich Re's expertise in the area of disaster management. The aim is to make this knowledge accessible to the wider public and develop workable solutions for those affected.
Our fields of action are: Disaster Risk Management, especially disaster prevention, water as a risk factor and a ressource, climate change adaptation and providing knowledge in the field of microinsurance.
Disaster Reduction Focal Point(s)
Risk assessment and early warning systems (HFA 2)
Funding for Disaster Risk Reduction projects
The United Nations Office for Disaster Reduction (UNDRR), the Global Risk Forum Davos (GRF) and the Munich Re Foundation launched a substantial disaster-prevention award. The RISK Award was presented at the Global Platform for Disaster Risk Reduction in Geneva on 13 May 2011 for the first time. The prize is aimed at projects dedicated to disaster prevention and better risk management. Applicants are asked to submit proposals for an early-warning project. The award winner will receive funding of up to €100,000 in order to implement the project.
Education, information and public awareness (HFA 3)
Disaster preparedness in Mozambique
Our flood-warning system is being expanded
The flood-warning systems in central Mozambique were consolidated further in 2011 and are soon to be transferred to the administration and care of government authorities. The system is now being installed in flood-prone regions in the country's north as well. The first major steps in this direction have already been taken.