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This report by Krutham, commissioned by the African Climate Foundation, evaluates the role of climate risk insurance in Kenya. It analyzes the country's disaster risk financing strategies, the current state of the insurance and reinsurance markets, and the barriers preventing the insurance sector from contributing more effectively to climate adaptation and resilience.

This report by Krutham, commissioned by the African Climate Foundation, examines the role of the insurance sector in enhancing climate resilience in South Africa. It analyzes the physical and transition risks facing insurers, the gaps in national and municipal disaster risk financing, and the potential for innovative insurance products—such as index-based and microinsurance—to protect vulnerable populations and infrastructure.

FSD Africa is supporting the Lagos State Government (LASG) from 2022 to 2024 to improve flood resilience by integrating market-based financial instruments into risk management and infrastructure investment.

This fact sheet from the Climate Policy Initiative explains Catastrophe (CAT) bonds, which are high-yield debt instruments used by insurers and governments to transfer natural disaster financial risks to capital market investors. The document details the structural triggers of these bonds, the roles of various providers, the capacity requirements for implementation, and the specific challenges and solutions for different market maturity levels.

This guide from the Climate Policy Initiative explains parametric insurance, a financial tool that provides rapid, fixed payouts based on predetermined triggers (such as wind speed or rainfall) rather than assessed losses. It details the instrument's role in maintaining fiscal liquidity and debt sustainability, the capacity requirements for governments to implement it, and the various commercial and concessional providers available globally.