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Coordination Hub

Overarching technical work of the Global Shield

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Coordination Hub

The Global Shield Coordination Hub is a coordination mechanism set up to provide overarching technical work and global coordination of implementation efforts under the Global Shield. The Coordination Hub shares the common ambition to strengthen the global Climate and Disaster Risk Finance and Insurance (CDRFI) architecture and promote more systematic, coherent, and sustained financial protection for climate vulnerable countries.

Role of the Coordination Hub

The main functions of the Coordination Hub are:

Facilitate coordination of CDRFI-related projects at global, regional, and country level

Support the mobilization of resources and facilitate the best-fit solutions for Global Shield countries

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Inform and enhance Global Shield programming by deploying and developing common principles, standards, and metrics

Provide a forum for inclusive consultations on Global Shield-related matters, mobilizing partners’ and stakeholders’ networks and facilitating dialogue to maximize synergies and crowd in relevant perspectives

Facilitate knowledge and evidence sharing to inform stakeholders on the Global Shield and its offer to countries with the aim of reducing duplication of efforts, and to ensure efficiency and transparency

Coordination Hub Members

Membership of the Coordination Hub reflects the mandate of a strengthened coordination mechanism within the global CDRFI architecture to overcome fragmentation and leverage the full potential of CDRFI. As such, the focus lies on technical collaboration of institutions with global or regional mandates to design, fund or deliver financial protection to climate and disaster risks in vulnerable countries. Coordination Hub members include:

Financial Vehicles

  • Global Shield Solutions Platform
  • Global Shield Financing Facility
  • CVF & V20 Joint Multi-Donor Fund

UN institutions in the context of CDRFI

  • United Nations Development Programme (UNDP)
  • United Nations Office for Disaster Risk Reduction (UNDRR)
  • World Food Programme (WFP)
  • United Nations Framework Convention on Climate Change (UNFCCC)
  • United Nations Capital Development Fund (UNCDF)
  • Food and Agricultural Organization of the United Nations (FAO)

Private Sector Representatives

  • Insurance Development Forum (IDF)
  • 2 Representatives of global south organizations (tbc)

Regional Multilateral Development Banks

  • Asian Development Bank (ADB)
  • African Development Bank (AfDB)
  • Caribbean Development Bank (CDB)
  • Inter-American Development Bank (IDB)

Regional Risk Pools

  • African Risk Capacity (ARC)
  • Caribbean Catastrophe Risk Insurance Facility (CCRIF)
  • Pacific Catastrophe Risk Insurance Company (PCRIC)
  • Southeast Asia Disaster Risk Insurance Facility (SEADRIF)

Bilateral Agencies

  • Shared seat by Agence Francaise de Développement (AFD) and Expertise France (EF)
  • United Kingdom Foreign, Commonwealth & Development Office (FCDO)
  • Shared seat by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and KfW Development Bank

Relevant Academia or Think Thanks

  • Insitute for Climate and Sustainable Cities (ICSC)
  • Centre for Disaster Protection (CDP)

Representatives from Civil Society Organisations

  • 1 Representative from the Global North (tbc)
  • 1 Representative from the Global South (tbc)

Main implementing and technical partners in the field of CDRFI can submit Expressions of Interest to join the Coordination Hub to the Global Shield Secretariat, to be approved by the Global Shield Board. For more information on the current set-up of the Coordination Hub, please refer to the Governance Charter.

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