The Insurance Development Forum (IDF) has teamed up with the Bridgetown Initiative to better integrate insurance into the global financial system. Their goal is to help Emerging Markets and Developing Economies (EMDEs) become more resilient to climate-related disasters.
The Bridgetown Initiative is a worldwide campaign pushing for changes in the international financial architecture (IFA) to better meet the urgent needs of countries most at risk from climate change.
Climate disasters are hitting the poorest countries hardest. These events often disrupt development and undo years of progress.
The IDF stresses that strengthening these economies is crucial—not just to survive disasters but also to attract investment and support long-term growth.
This partnership plans to position insurance as a vital tool in the global fight against climate and natural disaster risks.
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