UN, governments and industry join forces to grow climate protection globally
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UN, governments and industry join forces to grow climate protection globally

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The United Nations Development Programme (UNDP) has unveiled its Insurance and Risk Finance Facility (IRFF), with the aim to grow the role of insurance and risk-financing in development globally.

Over time, the goal would be to leverage the balance sheets of reinsurers and ILS funds to protect vulnerable communities from the impact of climate change.

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