Insuring against climate disasters

The African and Asian Resilience in Disaster Insurance Scheme is a non-governmental climate insurance programme that seeks to increase access to finance and provide post disaster recovery lending to rural families and smallholder farmers living below the poverty line.

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New Insurance Scheme to Protect Poor from Climate Risks

A new insurance scheme has been launched to help up to 4 million poor people in Africa and Asia deal with the challenges arising from climate disasters. The insurance programme – covering droughts in Kenya, Malawi, Mali, Zambia and Cambodia, and tropical cyclones in Myanmar – will mainly provide support to women farmers and their families, with plans to expand to cover floods later this year.

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