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GIIF April Newsletter in 2022 features team news, events, blogs, highlights, and interviews.
Developing Risk Management Approaches for Climate Risk
Loss and damage from natural disasters have increased substantially over the last couple of decades. In 2020, for example, 980 natural disasters struck the world, causing significant economic loss, destroying major infrastructure, and claiming human lives.1 A single natural disaster can have enormous financial impacts. Some of these damages and losses can be reduced and transferred if appropriate policies and actions are applied. For this reason, Climate and Disaster Risk Management (DRM) has gained importance on international agendas and in many organisations. The main idea behind DRM is to...
A COP26 Special Edition GIIF Newsletter released in December of 2021 featuring team highlights, events, blogs, interviews, and new annoucements.
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COP26 was a platform for a global watershed moment for collective introspection on much-needed action and investment to mitigate the effects of climate change: especially on the most vulnerable. Find here a detailed overview of events at the 26th session of the UN Conference of Parties. At GIIF, we have prepared a round-up of resources to give a flavor of the flagship sessions organized and initiatives launched to drive action and maintain momentum on climate action beyond COP26.
Under a scenario with 1.5°C of warming above preindustrial levels by 2030, almost half of the world’s population—approximately 5.0 billion people—could be exposed to a climate hazard related to heat stress, drought, flood, or water stress in the next decade. Today, this figure is 3.3 billion people. There is thus an urgent need to focus on boosting resilience in both cities and rural areas. During the just-ended COP26, the World bank Group turned the spotlight on its Climate Change Action Plan 2021-25 which prioritizes a green, resilient and inclusive development (GRID) approach for...
Despite the effects of COVID-19, the Program successfully delivered significant results and it continues building a robust pipeline to strengthen this business line to further develop the markets. Since the launch of GIIF, more than 10.5 million agriculture insurance policies have been issued, with an estimated outreach of 53 million beneficiaries globally. We recognize and appreciate all the hard work that our clients do, and we are grateful for the continuous support of our Donors. Please see below summary highlights under each category. Program launch: The establishment of a new Program “...
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GIIF October Newsletter in 2021 features team news, events, blogs, highlights, and interviews.
With over 580 farmed species (FAO, 2016), a large variety of different production systems exists both onshore and offshore varying largely between industrialized operators and smallholder producers. The production value of aquatic stock depends on the species and production system in terms of areal and volumetric density of stock, water loading (closed systems), exchange rate of water, hydraulic detention time and cumulative oxygen consumption (Colt, 1991). Therefore, the same aquatic species can generate different yields in function of the production environment. Farming aquatic species is...
Dawn of women in agriculture
As part of the Food Systems Summit Dialogue , the Future Food Institute and Mooofarm organized a virtual event on July 2nd about the role of women in farming and agriculture around the globe. GIIF attended to this event as Mooofarm is one of the winners of the July 2019 GIIF agriculture insuretech challenge, organized in India. Main speakers include participants from Future Food Institute, UN Scaling-Up Nutrition Movement, Devices Reliance Jio Infocomm, UNIDO ITPO Italy, Food Tank, and representation of the Government of Maharashtra. In this blog, you will read a summary of main points...
This 2-part article focuses on rural women’s needs to access to insurance, and related research to better understand the importance of gender-responsive insurance products to mitigate women’s financial and health risks. In this Part, you will read about the current context with references to research and emerging trends. Part II will provide a deeper view of these trends in the agricultural insurance sector, with examples from the field. Worldwide, women represent an emerging customer segment for insurance with high growth potential, and there is an increasing interest among insurers and...