This initiative looks to operationalise the recommendations from ADB’s guide on insurable infrastructure to enable greater resilience in the region. IDF-ADB Partnership brings together Pacific Island Country (PIC) representatives, development partners, project funders and managers, with insurance industry stakeholders.

With support from the New Zealand Ministry of Foreign Affairs and Trade (MFAT) through the Pacific Partnership Facility, it aims to explore a mechanism to integrate risk advisory services, risk reduction measures, and innovative insurance solutions across the infrastructure lifecycle. The projects should be sustainable, insurable, bankable, and so become attractive to private sector investment.