The Insurance Development Forum (IDF) has announced a new strategy for 2025 to 2030, aimed at strengthening its role in tackling climate and disaster risks around the world. The initiative, themed “Adapt & Scale,” focuses on expanding risk management and insurance solutions across developing and emerging economies.
The IDF shared details of the plan in its 2024 Annual Review, emphasizing the need to address long-standing challenges that prevent access to insurance in vulnerable communities.
Over the past year, the IDF conducted an internal review to assess its achievements and identify areas for improvement. This review helped shape the new strategy to better respond to changing global economic and geopolitical conditions.
Moving forward, the IDF aims to scale up successful programs already in place and introduce new solutions, especially in sectors like health and resilience services. These efforts are designed to offer more inclusive protection and respond to emerging risks.
A key part of the strategy involves strengthening partnerships between public and private sectors. The IDF also plans to streamline its governance and increase engagement at the regional and national levels, ensuring that global insurance tools are aligned with local needs.
By focusing on collaboration and innovation, the IDF hopes to make insurance more accessible and effective in protecting communities from climate-related and other disasters.
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