Enhancing knowledge and capacity for improved index insurance

This three-year project, implemented by the SFU/Microinsurance Innovation Facility (Enterprises), seeks to improve the delivery of index insurance to rural farmers and families by better managing knowledge coming from grantees supported by the Global Index Insurance Fund of the IFC and strengthening the microinsurance markets where GIIF partners operate. This engagement is both at the global and local levels. International partners of GIIF will be formed into a global community of practice and knowledge products will be disseminated globally to the broader microinsurance sector. At the local level, five countries will be the focus of capacity building interventions to enable microinsurance providers and channels to offer high quality products that address the needs of the rural poor, while consumer education activities will be organized among rural farmers to increase their understanding of microinsurance as a risk management mechanism.

Project symbol

GLO/13/41/IFC

Admin unit

SFU

Start date

01/09/2014

End date

31/08/2017

Total allocation

1887264

Total expenditure

Status

Closed

1906353

Development Partners

World Bank, International Finance Corporation

Country/Countries

Global

Outcomes

More and better jobs for inclusive growth and improved youth employment prospects
Promoting fair and effective labour migration policies