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This report shared at 6th Vietnam NTF meeting presents a recap of the 2019 Achievements and Way Forward in Vietnam
Asia Pacific is highly at risk from the effects of climate risks due to its geographical location and population. Climate Risk Insurance (CRI) does not succeed in managing risks on its own. It must work with Disaster Risk Reduction and Management to reduce risks into residuals. An information architecture is needed to advise decisions on climate risks and use of public funds; either to absorb, or transfer to insurance. Climate/Disaster Risk Insurance is still in its very early stages and the Mutual Exchange Forum on Inclusive Insurance (MEFIN) aims to transform CRI knowledge exchanged into implementation.
RFPI Asia III stands for ‘Regulatory Framework Promotion of Pro-Poor Insurance Markets in Asia Phase 3’. Its goal is - The strategic and technical prerequisites of high-quality climate risk insurance for extremely poor, poor and at-risk people have been created.
RFPI Asia III stands for ‘Regulatory Framework Promotion of Pro-Poor Insurance Markets in Asia Phase 3’. Its goal is - The strategic and technical prerequisites of high-quality climate risk insurance for extremely poor, poor and at-risk people have been created.
