InsuResilience Investment Fund (IIF)

Climate Objective
Adaptation
Sectors and Themes
Disaster Risk Reduction
Type of Support Provider
Bilateral
Type of Recipient
Private sector
Fund Size
The initiative’s funding volume increased from 420 to 550 million US dollars. The BMZ’s additional contribution was 40 million euros.
Co-financing
No
Trustee or Administrator
InsuResilience Secretariat: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Contact Information
Countries
Afghanistan
Algeria
Angola
Antigua and Barbuda
Argentina
Armenia
Azerbaijan
Bangladesh
Belarus
Belize
Benin
Bhutan
Bosnia and Herzegovina
Botswana
Brazil
Burkina Faso
Burundi
Cambodia
Central African Republic
Chad
Chile
China
Colombia
Comoros
Cook Islands
Costa Rica
Cuba
Democratic Republic of the Congo
Djibouti
Dominica
Dominican Republic
Ecuador
Equatorial Guinea
Eritrea
Ethiopia
Fiji
Gabon
Gambia
Grenada
Guinea
Guinea-Bissau
Haiti
Iran
Iraq
Jamaica
Jordan
Kazakhstan
Kenya
Kiribati
Laos
Lebanon
Lesotho
Liberia
Libya
Macedonia
Madagascar
Malawi
Malaysia
Mali
Mauritania
Mauritius
Mexico
Montenegro
Mozambique
Myanmar
Namibia
Nauru
Nepal
Niger
Niue
Palau
Panama
Peru
Rwanda
Saint Lucia
Sao Tome and Principe
Senegal
Serbia
Seychelles
Sierra Leone
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Sudan
Suriname
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Tunisia
Turkey
Turkmenistan
Tuvalu
Uganda
Uruguay
Vanuatu
Venezuela
Yemen
Zambia
Zimbabwe

The InsuResilience Investment Fund (IIF) is an public-private partnership created by the German Development Bank (KfW), on behalf of the German Ministry for Economic Cooperation and Development (BMZ). It provides Private Debt and Private Equity investments to support the fund's overal objective: to contribute to the adaptation to climate change by improving access to and the use of insurance in developing countries. The specific objective of the fund is to reduce the vulnerability of micro, small and medium enterprises (MSME) as well as low-income households to extreme weather events.

The Fund also provides technical assistance e.g. for product design and development and – temporarily and to a very limited extent only – subsidies to reduce the premium payments for the end-clients.

Support Provider
German Development Bank (KfW)
Purpose of Support
Project and program implementation
Financial Instruments Offered
Equity
Insurance
Organizational and Decision Making Structure

The governance structure of InsuResilience consists of (1) the InsuResilience Consultative Group, an informal group of like-minded G7 members and other interested donors; (2) the Secretariat, providing a support structure, monitoring results, facilitating knowledge management and coordinating efforts to advance the initiative; (3) Working or Advisory Group, composed of stakeholders or experts from science, development cooperation, private sector, CSOs; (4) Stakeholder involvement to ensure participation of a broad range of actors.

Eligible countries

Target Countries of the fund are ODA recipient countries provided that they have an appropriate investment environment.

Target group of the IIF are existing or new insurance or reinsurance companies that already provide or introduce insurance solutions that help clients mitigate climate related risks (e.g. insurance schemes for the clients of microfinance institutions, insurance schemes for agricultural companies, insurance schemes for countries or regions).

Eligible Countries and Geographic Regions
Afghanistan
Algeria
Angola
Antigua and Barbuda
Argentina
Armenia
Azerbaijan
Bangladesh
Belarus
Belize
Benin
Bhutan
Bosnia and Herzegovina
Botswana
Brazil
Burkina Faso
Burundi
Cambodia
Central African Republic
Chad
Chile
China
Colombia
Comoros
Cook Islands
Costa Rica
Cuba
Democratic Republic of the Congo
Djibouti
Dominica
Dominican Republic
Ecuador
Equatorial Guinea
Eritrea
Ethiopia
Fiji
Gabon
Gambia
Grenada
Guinea
Guinea-Bissau
Haiti
Iran
Iraq
Jamaica
Jordan
Kazakhstan
Kenya
Kiribati
Laos
Lebanon
Lesotho
Liberia
Libya
Macedonia
Madagascar
Malawi
Malaysia
Mali
Marshall Islands
Mauritania
Mauritius
Mexico
Montenegro
Mozambique
Myanmar
Namibia
Nauru
Nepal
Niger
Niue
Palau
Panama
Peru
Rwanda
Saint Lucia
Saint Vincent and the Grenadines
Sao Tome and Principe
Senegal
Serbia
Seychelles
Sierra Leone
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Sudan
Suriname
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Tunisia
Turkey
Turkmenistan
Tuvalu
Uganda
Uruguay
Vanuatu
Venezuela
Yemen
Zambia
Zimbabwe
Information on how to
Learn more about accessing IIF support here.