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Climate Risk Adaptation and Insurance in the Caribbean Programme

Munich Climate-Insurance Initiative logoMunich re LogoCCRIF LogoMicroEnsure

Between 2011 and 2014 the Climate Risk Adaptation and Insurance in the Caribbean programme will design and implement products that combine risk reduction and insurance to protect the livelihoods of low income groups in the Caribbean.

Germany’s Federal Ministry for the Environment has approved funding for this unique project.

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On February 26, 2010 in Barbados, CCRIF launched a study for the Caribbean region based on the Economics of Climate Adaptation (ECA) methodology to enable the development of a quantitative fact base for developing sound climate change adaptation strategies. CCRIF will be working with regional partners in the Caribbean Community Climate Change Centre (5Cs) and the UN Economic Commission for Latin America and the Caribbean (UN-ECLAC). Details about the methodology are available in 'Shaping Climate Resilient Development - a framework for decision-making,' a study by the Economics of Climate Adaptation Working Group, which includes McKinsey & Company and Swiss Re.

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