New report: Protecting low-income communities through climate insurance

By Will Bugler (Acclimatise) & Andrew Eil (Climate Finance Advisors) This article also appears on the Acclimatise website here. Since 2015, the InsuResilience Investment Fund (IIF) has worked to build the climate resilience of poor and climate-vulnerable households as well as micro, small and medium enterprises, by increasing climate insurance coverage. Today, at a side event of the InsuResilience Global Partnership’s 4th Annual Forum, it has launched a new report “Protecting low-income communities through climate insurance”, which takes stock of its experience and achievements to date. As the first fund of its kind to raise private capital to invest in [...]

2020-12-22T13:19:32-05:00December 22nd, 2020|Climate Risk|

How Cities Can Access Financing for the Green Recovery

With prudent financial management, long-range strategic planning, and savvy alliance-building locally and in the corridors of government, cities can better tap into public and private funds that increasingly are targeting green and sustainable outcomes. To help cities bankroll the green and just COVID-19 recovery, a new report serves as a guide to cities to set priorities and navigate the options for attracting financial resources. This article is also posted on the C40 Knowledge Hub here.   Cities’ shopping lists for the recovery are long. Financing challenges, exacerbated by the pandemic, have compromised most cities’ ability to pay for them. While [...]

2020-12-09T13:14:17-05:00December 9th, 2020|Cities, Greening Finance|

Why Cities Need the COVID-19 Stimulus to be Green – and How It’s Not Green Enough

The fiscal response to COVID-19 is estimated globally at US$12 to US$15 trillion committed, but cities may have trouble accessing it, and only 3%-5% of announced funding is identifiably ‘green’. As the global COVID-19 pandemic approaches the one-year mark and much of the world girds for a worsening wave of the virus during the northern hemisphere’s winter, the challenges of managing the economic and social wellbeing effects are as acute as ever. Among the most affected are city governments, which are on the front lines managing a health emergency, an employment crisis, and daunting logistics and tradeoffs to safely manage [...]

2020-12-09T09:22:26-05:00December 9th, 2020|Cities, Greening Finance|
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