UNDP's Offer on Fragile and Conflict-Affected States

UNDP's Offer on Fragile and Conflict-Affected States

November 10, 2023

In the current context of rising vulnerability and the compounding impacts of multiple shocks, fragile states emerge as the world’s most susceptible countries to risk, hazard and shock. A global collaborative effort must be undertaken to ensure long term resilience against risks in fragile countries, where insurance solutions are still out of reach for most vulnerable communities. UNDP has pioneered approaches which utilize insurance solutions to enable some of the most complex development initiatives: this fact sheet focuses on IRFF’s approach on putting risk transfer at the heart of development in fragile and conflict-affected states. Beyond delivering financial protection for families, businesses, countries and the agriculture and public assets on which they depend, these insurance and risk finance solutions support fragile countries to better manage shocks and crises in an increasingly risky world.