Blogs Label: Takeaways

Insurance Design, Innovation for Building MSME

Takeaways Author: Josh Ling, Mercy Corps

The December 2015 floods in Chennai revealed poor insurance coverage among micro, small and medium enterprises (MSMEs). While there was significant demand for insurance products in the aftermath of the floods, in most cases, the insurance that was held by the MSMEs poorly covered their losses and did little to shorten recovery times. Insured firms received settlements that were far below what they had claimed, i.e. there was a huge mismatch between what firms expected to receive under their policies and the amount insurance providers approved.


The peri-urban space: Why it matters?

Takeaways Author: Nivedita Mani

Climate change impacts exacerbate this already precarious balance. Floods, rising temperatures, droughts, water scarcity - all these events adversely affect urban areas. The peri-urban space, therefore, becomes more valuable as it can provide a buffering capacity to the cities and also strengthen their resilience capacities.


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