Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) hat dies direkt geteilt
The Federal Ministry for Economic Cooperation and Development (BMZ) of Germany has supported the Natural Disaster Fund (NDF) since its launch in 2018, contributing to NDF’s work in strengthening climate resilience for over 43 million vulnerable people in 61 countries. Dr. Bärbel Kofler underscores that closing the protection gap in the Global South through targeted risk transfer is critical to addressing climate risks, and collaboration with international partners is key to achieving this goal. Managed by our Global Parametrics team, the NDF is a public-private partnership funded by UK and German governmental entities. The NDF shares risks with Hannover Re to provide risk capacity for parametric solutions that foster climate and NatCat resilience for poor and vulnerable communities in low-and-middle-income countries. Download the full report (👉 https://shorturl.at/CjqxQ) to learn how the work of NDF and its partners benefits communities across the Global South. Federal Ministry for Economic Cooperation and Development (BMZ) | KfW | Foreign, Commonwealth and Development Office | Hannover Re | Stefan W. Hirche | Kay Tuschen