Commitment to climate insurance expanded - New phase for InsuResilience Solutions Fund
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The InsuResilience Solutions Fund (ISF) supports innovative climate risk insurance products for developing and emerging countries to mitigate the impacts of climate change. KfW established the ISF on behalf of BMZ in 2019; the Frankfurt School of Finance and Management implements the program, which is now entering a new phase.
On July 9, KfW and Frankfurt School formally sealed the continuation of their cooperation on the ISF. At the same time, KfW increased its support for the ISF by an additional EUR 45 million in BMZ grant funds. This is in response to the strong demand for insurance products in poorer countries.
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Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help protect