Document / Publication

  • Do more with your content!Discover PreventionWeb Services
  • Innovative insurance products for the adaptation to climate change (IIPACC) project - Market development in Ghana
    https://www.preventionweb.net/go/60789

    Email sent!

    An email has been sent to the email addresses provided, with a link to this content.

    Thank you for sharing!

    OK

Innovative insurance products for the adaptation to climate change (IIPACC) project - Market development in Ghana

Source(s):  Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
National Insurance Commission (NIC)

The impact of climate change on farming has contributed to the evolution of many agricultural insurance initiatives. In 2009, – on behalf of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) – the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), together with the National Insurance Commission (NIC), launched the Innovative Insurance Products for the Adaptation to Climate Change (IIPACC) project in Ghana.

The IIPACC aimed to capacitate the insurance sector to develop innovative, demand-oriented and economically sustainable insurance products against the financial risks of extreme weather events. This set the basis for the first Ghana Agricultural Insurance Pool (GAIP). Currently, GAIP has three products in the market: 1. A drought Weather Index Insurance (WII) product for smallholder farmers 2. Multi-Peril Insurance for Poultry (MPIP) for commercial farmers 3. Multi-Peril Crop Insurance (MPCI) for commercial farmers.



Add this content to your collection!

Enter an existing tag to add this content to one or more of your current collections. To start a new collection, enter a new tag below.

See My collections to name and share your collection
Back to search results to find more content to tag

Log in to add your tags
  • Innovative insurance products for the adaptation to climate change (IIPACC) project - Market development in Ghana
  • Publication date 2018
  • Number of pages 2 p.

Please note:Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR PreventionWeb, or its sponsors. See our terms of use

CONTRIBUTED BY: A PreventionWeb user