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Study on Disaster Insurance Readiness in Indonesia

ConsultancyDisaster & Climate ResilienceFinance & Business ManagementFinancing Adaptation Innovation and Resilience

Study on Disaster Insurance Readiness in Indonesia

August 3, 2022 – August 7, 2023Client: UNDP (United Nations Development Programme)

Location :Indonesia

Reflecting on the need to strengthen the national disaster financing strategy, also by leveraging UNDP’s network and expertise in this field, the GoI has the potential to initiate the development of a disaster risk insurance program in Indonesia, particularly for key public assets, in partnership with the insurance industry. As the initial step, UNDP in collaboration with Indonesia National Board for Disasters Management (BNPB) will conduct a policy study, to further identify and assess the enabling and inhibiting factors as well as to provide a basis for policy recommendations and alternatives in the development of disaster risk insurance, catered to the Indonesian context.

Serve as the basis for necessary policy recommendations and alternatives in the development of disaster risk insurance scheme in Indonesia

Details

Cluster

Disaster & Climate Resilience

Finance & Business Management

Center

Financing Adaptation Innovation and Resilience

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Study on Disaster Insurance Readiness in Indonesia | Resilience Development Initiative (RDI)