Nature-based Solutions and Adaptation 2016 PCG

EcoMicro III – Development of a green microinsurance scheme for climate adaptation

Delivered for Multilateral Investment Fund (FOMIN) of the Inter-American Development Bank (IADB).

The assignment

The objective of the project was to improve the resilience to climate change of the clients portfolio of the Bolivian Financial Institution for Development (IDF)Sartawi through the development of a new micro insurance product. As the main part of the portfolio consisted of smallholder farmers, the green product has been developed for the agricultural sector.The project also aimed at (i) assessing the vulnerability of the clients portfolio, (ii) strengthening the existing tools for measuring and monitoring of the environmental performance of Sartawi’s clients portfolio and (iii) improving the management of the climatic risks associated to the clients portfolio.

The team behind it
Client Multilateral Investment Fund (FOMIN) of the Inter-American Development Bank (IADB)
Timeline May 2016 to Dec 2017
Location Bolivia, Bolivia (Plurinational State of)
Field Nature-based Solutions and Adaptation
Entity Perspectives Climate Group
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