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<p>The UK is a leader in climate risk insurance and is committed to contributing to
meeting the G7 “InsuResilience” collective target set out in the Elmau declaration
of helping up to an additional 400 million people in the most vulnerable developing
countries to gain access to climate risk insurance by 2020.</p><p>Recent UK support
for the provision of climate risk insurance includes contributions of up to £100m
to African Risk Capacity (ARC), up to £15m for the Pacific Catastrophe Risk Assessment
and Financing Initiative, £5m to help developing countries with disaster contingency
planning backed by risk finance, £3m of technical support to the Government of the
Philippines to help them implement their financial protection and insurance strategy,
and £1.4m to support livestock insurance for pastoralists in Kenya.</p>
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