Assessing Disaster Risk & Readiness

Commissioned by InsuResilience for United Nations University’s Institute for Development and Human Security (UNU-EHS) and Deutsche Gesellschaft für Internationale Zusammemarbeit (GIZ) 

Lack of information on countries to determine their:
- Vulnerability to climate and disaster risks
- Readiness for insurance solutions

SIP Solution
Development of an objective concept, and methodology, to provide information that will help InsuResilience to: 
- Prioritise action in countries where they have appropriate partnerships with public and private enterprises and individuals
- Tailor relevant support 

Providing an additional 400 million poor and vulnerable people with access to climate risk insurance by 2020 through micro, meso and macro level solutions. 

Developing a Comprehensive Risk Assessment

Commissioned by the Global Fund 

Need for the Global Fund, and its partners, to update the comprehensive risk assessment and recommendations they use to help reduce the risks associated with epidemics (an initiative begun in 2014, now entering a new 3-year phase).

SIP Solution
Development of a concept that will establish a more secure, risk-mitigated value chain and increase resilience to risk by:
- Analysing the Global Fund’s operational risks, so its partners can respond to disasters or losses more quickly
- Developing and implementing tools and insurance guidelines to effectively transfer risk (and mitigate against it) 

Increased resilience to risk that makes it possible to increase resources available to combat AIDS, Tuberculosis and Malaria by 2020 and, thereby, have a greater impact on communities affected by them.

Forecasting to reduce the impact of disasters

Commissioned by the Red Cross 

To allocate humanitarian aid in advance of a natural disaster so, before an event (such as a drought, flood) occurs, financial support can be released at the earliest possible time, in order to minimise the suffering and losses of the vulnerable communities affected.

SIP Solution
Development and implementation of an anticipatory financing strategy that uses scientific forecasts and risk data to anticipate the need for humanitarian intervention, making it possible to:
- Agree provision of designated resources up-front
- Trigger their release as soon as a specific threshold is reached, even before disaster strikes.           

Faster provision of resources, on the ground, before a devastating natural disaster, that reduces the health risks and improves survival outcomes for affected communities, and increases their resilience to deal with the aftermath.