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446387
star this property registered interest false more like this
star this property date less than 2016-01-20more like thismore than 2016-01-20
star this property answering body
Department for International Development remove filter
star this property answering dept id 20 more like this
star this property answering dept short name International Development more like this
star this property answering dept sort name International Development more like this
star this property hansard heading Developing Countries: Climate Change remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Development, with reference to InsuResilience, the G7 Initiative on Climate Risk Insurance, if she will make it her policy to (a) allocate additional funding of £100 million to that programme, (b) scale up by at least £50 million weather-indexed microinsurance that provides direct coverage for smallholder farmers pastoralists and other vulnerable groups and (c) increase her Department's grant funding for the African Risk Capacity to £20 million in order to improve the capacity of that programme to meet its targets. more like this
star this property tabling member constituency Linlithgow and East Falkirk more like this
star this property tabling member printed
Martyn Day more like this
star this property uin 23366 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-01-27more like thismore than 2016-01-27
star this property answer text <p>The UK supports the G7 Climate Risk Insurance Initiative and is committed to contributing to meeting the 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. UK support under the Initiative includes a commitment of up to £100m to African Risk Capacity (ARC) and £15m for the Pacific Catastrophe Risk Assessment and Financing Initiative. Of this, the UK has contributed £32m so far to ARC.</p><p>On scaling up support to weather indexed microinsurance, the UK currently provides some support to livestock insurance in Kenya to improve the product offered to pastoralists and increase the role of the private sector. The UK also provides index-based insurance through the CGIAR climate change, agriculture and food security research programme (CGIAR-CCAFS). In September 2015, the Prime Minister announced that the UK would provide at least £5.8 billion of climate finance over the next five years. This is likely to include further support for climate risk insurance.</p>
star this property answering member constituency Ruislip, Northwood and Pinner more like this
star this property answering member printed Mr Nick Hurd more like this
star this property question first answered
less than 2016-01-27T15:36:03.43Zmore like thismore than 2016-01-27T15:36:03.43Z
star this property answering member
1561
star this property label Biography information for Mr Nick Hurd more like this
star this property tabling member
4488
unstar this property label Biography information for Martyn Day remove filter