Tripartite Agreement Programme
The Tripartite Agreement Programme is a unique operational platform that fosters collaboration between public and private actors. It is based on an agreement between the IDF, UNDP, and the German Federal Ministry of Economic Cooperation and Development (BMZ) to provide insurance solutions and technical assistance to 20 developing countries vulnerable to climate risks. It continues to be the linchpin of the SHS Working Group’s efforts.
2019
- The Tripartite Agreement Programme is a unique operational platform that fosters collaboration between public and private actors. It is based on an agreement between the IDF, UNDP, and the German Federal Ministry of Economic Cooperation and Development (BMZ) to provide insurance solutions and technical assistance to 20 developing countries vulnerable to climate risks. It continues to be the linchpin of the SHS Working Group’s efforts.
2020
- The Tripartite Agreement Programme becomes operational with ISF as the co-funding vehicle, IDF member insurance companies and UNDP offices engage with a first set of target countries and a first project is launched in Perú.
2021
- A Tripartite Agreement Programme parametric flood and earthquake product, and an indemnity landslide protection product, are delivered to Colombia.
2022
- Tripartite Agreement Programme drought/excess rainfall agricultural product for small holder farmers delivered to Mexico, to test through a pilot.
2024
- Tripartite Agreement Programme parametric excess rainfall cover and flood footprint products delivered to Ghana, to cover vulnerable households in low-income and informal settlements in Ghana’s Greater Accra Metropolitan Area (GAMA).
2025
- Urban Flood Risk Cover Project to cover 4 million people.
- Syria (with WFP): 240,000 people protected against food insecurity from drought in 2025, through a product developed by IDF members in collaboration with Humanity Insured, with funding from the World Bank’s GSFF, the UK FCDO, and BMZ.
- Uzbekistan: agricultural insurance product tailored for smallholder horticulture farmers.
- Ecuador Agriculture Project: to offer protection for 10,000 rice and maize farmers when rolled out.
- Cambodia: Meso-Level Climate & Health Insurance Pilot to target 186,000 individuals.
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