Climate resilience through risk
The overall goal of the RES-RISK project will be to enhance climate resilience and promote adaptive capacities of the vulnerable through risk transfer options and solutions. The specific expected outcomes of the project will be (1) Vulnerable communities adopt risk transfer (insurance) products, as a part of comprehensive adaptation framework which also builds on disaster risk reduction; (2) Viable climate insurance products and models are up-scaled and mainstreamed into frameworks, policies and regulations of the Government; (3) Enhanced capacities and knowledge drive innovations in climate insurance products, by public and private sector institutions, thus meeting the demands of vulnerable communities. The project will draw from Swiss knowledge, expertise and experiences on financial instruments in risk transfer in addressing climate change. As the climate insurance solutions that are to be developed under the initiative will be generic in nature, the knowledge and insights gained could be adapted in other developing countries.
| Country/region | Topic | Period | Budget |
|---|---|---|---|
|
India |
Agriculture & food security Climate change and environment Employment & economic development
Agricultural financial services
Environmental policy Agriculture value-chain development (til 2016) Informal banking & insurance Financial policy |
01.05.2011
- 30.09.2018 |
CHF 3'800'000
|
- SDC Field Office
-
Sector according to the OECD Developement Assistance Commitiee categorisation AGRICULTURE
GENERAL ENVIRONMENT PROTECTION
BANKING AND FINANCIAL SERVICES
OTHER MULTISECTOR
BANKING AND FINANCIAL SERVICES
OTHER MULTISECTOR
Sub-Sector according to the OECD Developement Assistance Commitiee categorisation Agricultural financial services
Environmental policy and administrative management
Informal and semi-formal financial intermediaries
Rural development
Financial policy and administrative management
Rural development
Cross-cutting topics The project takes account of democratisation, good governance and human rights as cross-cutting themes.
Type of support Official development assistance (ODA)
Type of collaboration Bilateral cooperation
Finance type Aid grant
Aid Type Mandate without fiduciary fund
Tied/untied aid Untied aid
Project number 7F07994
| Directorate/federal office responsible |
SDC |
| Credit area |
Development cooperation |
| Project partners |
Contract partner International or foreign NGO |
| Budget | Current phase Swiss budget CHF 3'800'000 Swiss disbursement to date CHF 3'584'465 |
| Project phases |
Phase 1 01.05.2011 - 30.09.2018 (Completed) |