Project Description
The project is dedicated to boost the climate insurance sector by creating a robust pipeline, strengthening project design, and supporting results-oriented implementation in the NWC subregion.
The project's objective is to conduct diagnostic/market studies in North, Western, and Central Africa to support the development of the Insurance practice group concept notes and other client engagements.
The project aims to enhance climate resilience and financially protect individuals, farmers, and small businesses in regions prone to extreme weather events by leveraging innovative index-based insurance products.
The project team will also provide rapid response to IFC needs based on IFC Country Management and Industry team requests and attract investment by strengthening the capacity of financial-intermediary clients.