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Climate change

Dear readers, dear friends of the foundation,

Devastating floods in Brazil in April 2024, widespread flooding in Kenya in May 2024, massive flooding in southern Germany and Austria in June 2024, accompanied by very early, very hot heatwaves in India, China, the south-west of the USA and south-east Europe show one thing very clearly: climate-related disasters are occurring with increasing frequency and intensity worldwide. In order to mitigate the worst consequences, we need to take countermeasures with risk management instruments. 

Disaster risk reduction (DRR) is particularly important in this context, which is why we are once again looking for a new RISK Award project from the first of July. The focus: children and youths as agents of change in disaster risk reduction.

DRR work is not very successful if the fundamental vulnerabilities of societies are not addressed at the same time. Poverty reduction and good education are prerequisites for sustainable development. We have also initiated many projects in these two areas in recent months and will continue to do so: We are once again preparing the world's largest conference on inclusive insurance (ICII 2024 in Nepal), and several learning sessions on microinsurance are in the pipeline. Here in Munich, we have been working with various formats (dialogue forums, workshops, etc.) on the topic of climate protection. Read more about the individual project progress in our new quarterly newsletter.

Your team
Munich Re Foundation

News

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Inclusive Insurance Learning Sessions Zambia, 16 to 18 April 2024

The first networking event of the Technical Advisory Group (TAG) for Microinsurance on "Inclusive Insurance" took place in Livingstone. The conference was co-hosted with the Pensions and Insurance Authority (PIA) and supported by Munich Re Foundation, FinProbity Solutions and various other industry players and stakeholders. Nearly 100 insurance and development experts from more than ten countries attended the event. > more
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Dialogue Forum 15 May 2024: Agriculture and climate protection - how can we manage the transformation?

The agricultural sector is both a contributor to and a victim of climate change. At the same time, it should promote biodiversity and fulfil consumers' desire for affordable food. How can the balancing act between profitability and sustainable resource utilisation be achieved under these conditions? Our speakers explored the opportunities and at the same time highlighted the hurdles in the transformation process. > more
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Workshop on climate justice as part of the MünchnerStiftungsFrühling 2024

The aim of MünchnerStiftungsFrühling 2024 was to make the work of Munich's foundations accessible to the general public. Over 100 foundations and partners offered a varied programme from 6 to 9 June 2024. The Munich Re Foundation participated together with Green City e.V. and Mikado UMdieWELT from the ‘Initiativgruppe - Interkulturelle Begegnung und Bildung e.V.’, with a workshop programme on the topic of climate justice. > more
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Promoting sustainable development in agriculture with innovative concepts

The RAIN Challenge (Resilient Agriculture Innovations for Nature) aims to promote innovative agricultural ideas in East Africa. 23 local initiatives were selected as part of the second RAIN Challenge. They will receive customised mentoring over the next few months and will work closely with our project partner GRP. Read more about the individual initiatives. > more
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Collecting drinking water from nature with innovative ideas - a review of our fog net project in Bolivia

In the Valles Cruceños region, innovative fog nets now supply more than 400 people with urgently needed additional drinking water. The project was set up by the Spanish aid organisation Zabalketa and the Bolivian non-governmental organisation Instituto de Capacitación del Oriente (ICO) between 2019 and 2023, with support from the Munich Re Foundation and the WaterFoundation.
> more
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RISK Award 2023: Holistic early warning in South Africa - project update

The Association for Water and Rural Development (AWARD), a non-profit organisation based in South Africa, has won the RISK Award 2023. The Munich Re Foundation is thus supporting the development of an innovative early warning system in the Inkomati River catchment area in southern Africa. The aim of this project is to provide early warning of risks such as floods, droughts and health hazards caused by e-coli bacteria and arsenic in the water. > more

Announcements

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2025 RISK Award - Apply now!

The next RISK Award is dedicated to children and youths and their role in risk management. They are not only victims of disasters, but can also become agents of change for a safer future. We are looking for a suitable project and will award funding of up to €100,000. > more
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Inclusive Insurance Learning Sessions Bolivia, 15 to 19 July 2024

The first Latin American Congress on Inclusive Insurance in Bolivia will take place in July. Organised by the Bolivian Association of Insurance Brokers (ABOCOSER) in cooperation with the Microinsurance Network and the Munich Re Foundation, we are inviting experts to Santa Cruz to discuss challenges and solutions. > more
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International Conference on Inclusive Insurance 2024 - Save the date!

The ICII 2024 will take place from 21 to 25 October 2024 in Kathmandu, Nepal. Around 400 experts from over 50 countries will discuss and identify ways to accelerate growth and economic sustainability in the field of inclusive insurance for emerging markets. The conference is organised by the Nepal Insurance Association, the Life Insurance Association of Nepal and the Nepal Insurance Authority in collaboration with the Munich Re Foundation and the Microinsurance Network. > more
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Dialogue Forum: The challenge of climate financing - climate protection seeks donors

In cooperation with the Catholic Academy in Bavaria, we are organising a new Dialogue Forum on 14 October 2024. Join us and discuss the various options for climate financing with our invited speakers. > more

Publications

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Report: International Conference on Inclusive Insurance, Ghana (2023)

This report summarises the ICII 2023, which took place from 23 to 27 October 2023 in Accra, Ghana. A team of international reporters covered all events of the conference. The focus was on how to accelerate the growth of inclusive insurance solutions and the challenges facing the industry in Africa in particular. > more
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The Landscape of Microinsurance 2023

The Landscape of Microinsurance provides a unique analysis of the proliferation of inclusive insurance products and services and highlights emerging trends. The report is based on extensive research and provides information that is hard to find elsewhere.  The 2023 study is based on data from 294 insurers offering 1,040 products in various sectors, including health, life, agriculture and property.
> more
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Climate Academy: "Navigating tensions in climate change-related planned relocation"

The planned relocation of communities from areas with excessive climate-related risks can be an important strategy for adapting to climate change. However, empirical examples from around the world show that such relocations are often very detrimental to the affected communities. This publication in AMBIO draws attention to three fundamental tensions in planned resettlement processes. > more
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Collecting fog water in Bolivia

Together with climate change, water scarcity is one of the greatest challenges facing humanity today. The scientific community and other international institutions are warning about the increasingly limited availability of freshwater. In this project publication, we trace how fog nets can contribute to the solution. > more
Contact
Christian Barthelt, Martina Mayerhofer
Munich Re Foundation
Königinstr. 107, 80802 Munich
www.munichre-foundation.org

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Executive Board
Renate Bleich, Managing Director
Dirk Reinhard, Deputy Managing Director

Chair of the board of trustees
Dr. Doris Höpke
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