Multi-actor partnership for pro-poor & gender-equitable climate risk financing in the context of the IGP's 2025 vision

  • Home
  • >
  • Multi-actor partnership for pro-poor & gender-equitable climate risk financing in the context of the IGP's 2025 vision
Image

Project Synopsis

CARE Bangladesh will be implementing the BMZ funded 3-year ‘Multi-Actor-Partnerships (MAPs) on Climate and Disaster Risk Finance and Insurance (CDRFI) programme in the southwest coastal region of Bangladesh with the local implementing partner AOSED – An Organization for Socio-Economic Development. Bangladesh will be a part of this multi-country consortium project led by CARE Germany in cooperation with Germanwatch where the other countries will be Caribbean (Antigua and Barbuda, Barbados, Grenada, Dominica, St. Lucia), Malawi, Madagascar, Senegal, Philippines, Sri Lanka, including a regional and global focus. The multi-country project under the InsuResilience Global Partnership (IGP), looks for a more comprehensive application of the poverty focused principles in a way that the CDRFI mechanisms established or under design focus on piloting (where they lack), advancing and scaling up approaches which are really adapted to the needs of the poor and vulnerable populations (indirect target group) and are poverty-focused, gender-equitable and human rights-based. The Bangladesh segment of the project aims to strengthen the structures, coordination and networking of MAP cooperating organizations and partners to promote a poverty-focused, gender-responsive and human rights-based CDRFIs nationally and internationally with insights and recommendations from the affected community, public sector, duty bearers as well as related private sectors from the target districts Bagerhat and Satkhira and Khulna as a division.

Projects Coverage

Division

District

Sub-district (Upazila)

# of unions

Name of union

Khulna

Bagerhat

Sarankhola

3

Rayenda

Southkhali

Dhansagar

Satkhira

Tala

3

Islamkati

Jalalpur

Khesra

Achievements and Milestones

TARGETS

Local implementing partner, vulnerable groups and 40 Active MAP members from Government, CSO (local, national, international), Private sector and Academia/think stakeholders have clearer understanding, improved collaboration, systematic mapping, and clearer roles in promoting CDRFI in the two target areas.

Vulnerable populations' needs and perspectives were mapped, and their engagement in 5 CDRFI discussions was ensured.

The financial resilience impacts of previous CDRFI approaches were compiled and knowledge and capacity on poverty-focused and gender-sensitive aspects of CDRFI were increased for 1680 vulnerable populations, along with MAP actors and local implementing partners.

Concept for a CDRFI pilot mechanism were developed and 75% of CDRFI advocacy initiatives were achieved.