What we do

Why is it important to have a proper risk
management in place?

Development Organizations are in fact the real experts in risk management: They manage activities with a high-risk exposure on a daily basis. The risks are however not the organization’s own risks, but the risks that they address as they serve in supporting vulnerable populations. It is often neglected that the social impact organization itself can be affected by a natural catastrophe, for example a flood washing away a warehouse with medical supplies, or it might be affected by drought. Other instances could include a rise in political instability or migration activity that could adversely affect operations.

What does risk in the development sector mean in real terms? Consider this example: In 2015, a fire sparked at the central medical warehouse in an African country, destroying tens of millions of dollars’ worth of supplies. The facility stored health commodities, equipment and other items to be distributed to medical facilities throughout the country. The goods in the warehouse were in part paid for by bilateral and international donors. The fire not only endangered the delivery of vital health services nationwide, but furthermore the facility and stock were not insured and the assets were lost.

It is important for a broad range of social impact organizations, ranging from donor-dependent charities to investor-funded social impact investments to provide a high degree of accountability and measure the social impact of all their operations in order to secure future investments or donations.

We support donors, impact investors and aid organizations in navigating most pressing risks

In order to determine which risk management strategy is the most suitable for the situation the organization must be aware of its risks at every step of their value chain; from receiving donations to delivering an activity in the field, from risks at headquarter level to those at Country Office level. With this knowledge, the organization can then set up a risk management framework, which describes how the organization wants to treat the identified risks.

Risk assesment

Identifying risk exposures throughout a defined value chain

Risk consulting

Defining solutions and strategies to mitigate risk and ensure aid delivery

Risk transfer

Enabling the efficient and systematic use of insurance to guarantee delivery and mitigate losses

We support you with finding
innovative (financing) solutions

In a world where change is rapid, we seek to use what is available to us to solve age-old problems in ways that consider the changing environments. We look at each challenge or problem individually, seeking to understand its context at both a micro and macro level. Then proceed to connect the dots between private sector learnings and impact requirements of the social development sector to develop never been seen before fit-for-purpose solutions.

Our goal is to find solutions to contribute to the UN Sustainable Development Goals

The Sustainable Development Goals are 17 all-encompassing goals the UN developed in the course of its 2030 Agenda for Sustainable Development. They describe goals which include challenges for all countries, thus they are an advancement to the previous Development Goals, which focused on the developing countries only. Each SDG is subdivided into targets and those targets which are to be measured by indicators, in order to provide traceability and measure progress. In order to achieve the SDGs by 2030, a large joint effort is needed by all actors. 

No poverty

No poverty

Zero hunger

Zero hunger

Good health and well-being

Good health and well-being

Health is both a critical input and an outcome of development, and it is an integral part of the SDGs agenda. Together with our clients from the health sector we develop innovative financing solutions for the supply of insecticide-treated bed nets for the prevention of malaria and equally help develop financing solutions for the development of much needed vaccinations.

The insurance sector has a long standing tradition in working with international NGOs and governments on health related issues. The Pandemic Emergency Facility (PEF) was one of the latest outcomes of this cooperation. While every country in the world is susceptible to disease outbreaks, low-income countries with relatively weaker health systems tend to be more vulnerable and less capable of mobilizing the financial resources to effectively respond to major outbreaks. PEF offers coverage to all countries eligible for financing from IDA, the World Bank Group’s fund for the poorest countries and it can provide funding to qualified international agencies involved in the response to a major outbreak in affected countries. The PEF provides more than $500 million to cover developing countries against the risk of pandemic outbreaks over the next five years, through a combination of insurance financed by bonds and derivatives, a cash window, and future commitments from donor countries for additional coverage.

Quality education

Quality education

Gender Equality

Gender Equality

Clean water and sanitation

Clean water and sanitation

Together with our clients we foster private sector participation in the water and sanitation sector through investments, data provision and know-how provision. 

Given the fact that a large number of water pumps in rural areas in developing countries is damaged and does not work properly anymore we currently develop a solution for better maintenance and quicker repair of of these pumps.

Affordable and clean energy

Affordable and clean energy

Decent work and economic growth

Decent work and economic growth

Industrial innovation and infra-structure

Industrial innovation and infra-structure

Reduced inequalities

Reduced inequalities

Sustainable cities and communities

Sustainable cities and communities

Responsible consump-tion and production

Responsible consump-tion and production

Climate control

Climate control

A recent project was focused around the fact that even though there are often forecasts available in the case of natural catastrophes, no humanitarian organization gets funded to act before disaster, especially when there is no certainty and a risk of acting in vain. Scientific information can be incorporated into the humanitarian system here to better prepare for disasters.

Life below water

Life below water

Life on land

Life on land

Peace, justice and strong institutions

Peace, justice and strong institutions

Partner-ships for the goals

Partner-ships for the goals

 

All of our projects are developed in partnership between local NGOs, international NGOs and the private sector. Private capital and private-sector innovation are needed to achieve the SDGs agenda which is why we work on a number of collaboration projects that grant development organizations access to private sector risk knowledge and data for example.

The SDG agenda puts high emphasis on the consideration of ‘risk’. The UNDG makes the case for ‘risk-informed decisions’, meaning improved consideration of risks such as vulnerability, shocks and volatility when taking steps towards SDG achievement (UNDP, 2016a:8). The increased attention to risk focuses on how those are affecting developing countries and their inhabitants, which falls short of the fact, that said risks also have an impact on aid organizations.