Why IDRIMA

Climate-related disasters are becoming more frequent and severe, threatening lives, infrastructure, and public budgets. Vulnerable countries face rising losses, yet climate risk quantification tools and financial risk transfer instruments remain underused.

IDRIMA bridges this gap by combining the expertise of the Agence Française de Développement (AFD) Group and the Insurance Development Forum (IDF) insurance industry members to assess and quantify climate risks and co-design innovative climate risk financing solutions for utilities, municipalities, public development banks, and other entities.

As a unique strategic partnership, IDRIMA aims to strengthen the long-term resilience of city, regional and national governments and public utilities in Emerging Markets and Developing Economies (EMDEs), to the impacts of climate disasters through comprehensive financial solutions by combining the expertise of Development Finance Institutions (DFIs) and Public Development Banks (PDBs) with the work of insurers.

What we do

IDRIMA provides technical assistance that helps institutions turn climate risk into resilience. We mobilize resources from AFD and expertise from global re/insurers members of IDF, to deliver tailored advice and solutions. IDRIMA services include:

• Climate risk identification and assessment
• Exposure mapping and quantification
• Design and structuring of risk transfer instruments
• Advice and recommendations on risk reduction/ adaptation measure.

IDRIMA value adding characteristics

• Reliable public–private partnership model
• Rapid access to world-class insurance expertise
• Focus on Public Assets protection (particularly strategic infrastructure)
• Default protection for public banks and strengthening policy dialogue at government level
• Focus on building resilience, not selling products.

IDRIMA works with institutions which:

• Are exposed to climate risks (droughts, floods, cyclones, etc.)
• Serve vulnerable clients or populations
• Seek to protect public assets, infrastructure, or loan portfolios
• Want to explore innovative, blended, or parametric insurance solutions.

Examples of solutions

Strategic public infrastructure protection
IDRIMA’s objective is to strengthen the resilience of strategic infrastructure (including energy, water, and transport infrastructure) by developing customized risk reduction solutions and/or pre-arranged risk financing solutions for city, regional and national governments, as well as state-owned-enterprises (SoEs).

Example of solutions
For hydro-utilities, design of a parametric insurance policy that provides financial protection against business interruption (and loss of income) resulting from water shortages in dams, exacerbated by climate change.

Default protection cover for Banks
The objective of IDRIMA is to strengthen banks’ client liquidity after a major disaster, thereby also protecting banks from the risk of default. Bank loans are bundled with disaster risk insurance so that, in the event of a pre-defined event, the borrowers are guaranteed that the agreed payment obligations will be taken on by an insurer for a pre-defined period. Ultimately, IDRIMA reframes climate risk transfer as investment protection, not a cost.

Work with us

IDRIMA partners with:

• Governments & municipalities
• State-owned enterprises & utilities
• Development banks & public finance institutions
• Insurers, reinsurers, regulators & donors

Together, we can contribute to closing the climate protection gap — enabling resilience, financial stability, and access to affordable capital for future-ready nations.

Read about the programme launch here.