Where the Global Shield is active

The Global Shield against Climate Risk aims to support countries that are most vulnerable to climate risks. In its initial phase, the Global Shield started activities in eight pathfinder countries and one pathfinder region, namely Bangladesh, Costa Rica, Ghana, Jamaica, Malawi, Pakistan, The Philippines, Senegal, and the Pacific. The new cohort of Global Shield countries was announced by the Global Shield Board in April 2024 and includes the following countries: The Gambia, Madagascar, Peru, Rwanda and Somalia.

Updates from Pathfinder Countries


Request for Support


Ghana is grappling with the multifaceted impacts of climate change, which are particularly evident in its agricultural sector, urban areas, coastal regions, and the operation/management of national infrastructure like the Akosombo Dam. The Request for Support describes the types of interventions needed to close protection gaps in these areas. More information in the Annex.


Gap Analysis Report


The gap analysis provided input for Ghana’s Request for Support to the Global Shield and has the overall objective to facilitate informed decision-making by the Government of Ghana on major projected climate risks and gaps in financial protection.


Highlights of the 2nd In-Country Workshop


The workshop held on the 8th and 9th of November in Cape Coast, Ghana, paved the way for Ghana to receive tailored support by the Global Shield to scale up financial protection against climate risks.


In-Country Process Started


The United Nations Development Programme and the Ministry of Climate Change & Environmental Coordination (MoCC&EC) kicked off the In-Country Process for the Global Shield, with a two-day multi-stakeholder consultation on climate-risk insurance and financing to reduce climate risks, and strengthen climate-adaptation mechanisms.


Way Forward for Interested Countries


At the margins of the World Bank Annual Meetings in Marrakech, high-level representatives of the Global Shield Co-Chairs held a breakfast meeting to discuss lessons learnt from the In-Country Process in Ghana and listen to the needs of countries striving to fortify their resilience against climate-related risks and disasters. 


Initiating the In-Country Process


The government of Ghana took its first steps in activating the G7- and V20-led Global Shield against Climate Risks by hosting a consultation over the past two days towards identifying their financing needs and gaps to combat accelerating climate and disaster risks.

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Vision & Mission

The Global Shield aims to increase protection for vulnerable people by providing and facilitating substantially more and better pre-arranged finance against disasters.

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The governance structure of the Global Shield consists of the Global Shield Board and the Global Shield Coordination Hub.

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This subpage provides further links, publications, and guiding documents on the Global Shield against Climate Risks.

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The Global Shield against Climate Risk aims to support countries that are most vulnerable to climate risks.

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