Link to roundtable:
https://www.youtube.com/watch?v=61jDn9iLVMU&t=24s
Index insurance has grown significantly over the past 20 years, improving climate resilience for vulnerable populations. This growth is due to better technology and support from insurers, reinsurers, and donors. However, scaling these services has been challenging, often requiring significant government involvement. Early products were not well-suited to the needs they aimed to address, but improvements in data, distribution, and awareness have increased protection against climate shocks. This event will discuss whether the focus of index insurance should be on building markets, social protection systems, or both, highlighting its role in enhancing financial inclusion and managing climate impact.
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