Overview
A central element of the Global Shield is the In-Country-Process (ICP), a unique process, which facilitates the identification of country-specific needs and options of interventions and instruments addressing the financial protection gaps. The ICP is an inclusive, country-led process which engages all stakeholders relevant to advancing Climate and Disaster Risk Finance and Insurance (CDRFI), including the needs and perspectives of vulnerable and affected groups. The goal of this process is to facilitate greater understanding and informed decision-making by governments on risks, vulnerabilities, protection gaps, and the potential role of different CDRFI interventions and instruments in addressing these gaps. It enables countries to draft a Request for CDRFI Support to development partners, including the Global Shield. The Global Shield then responds to the Request through financial support via the Global Shield Financing Structure and complementary support via the Coordination Hub and other development partners.
Main elements of the In-Country Process
The lead ministry of the Global Shield partner country government nominates the governmental focal point leading the ICP. The focal point sets up an In-Country Coordination, which is responsible for the implementation of the ICP.
The ICP includes a wide and diverse range of relevant stakeholders to ensure an inclusive and participatory process. The main outputs of the ICP are the Stocktake, the Gap Analysis, and the Request for CDRFI Support (see Figure below). To ensure the country government’s ownership throughout the process, the lead ministry needs to endorse the main ICP outputs, ideally building on consultations amongst all relevant government entities.
The ICP builds on and integrates existing CDRFI-related consultations, analyses and projects to benefit from their lessons learned and best practices already existing in the country. The ICP takes between six to twelve months. A fast-track approach for responding to the most urgent needs is also possible.
The Request for CDRFI Support is submitted to the Global Shield via the Global Shield Secretariat through consultations with the Global Shield Coordination Hub to identify available support by bilateral and multilateral donors, implementing programmes and further partners. Experts from the Technical Advisory Group review the Request for quality assurance. The Global Shield Financing Structure then provides support for those financial protection needs stated in the Request for CDRFI Support which cannot be funded or addressed through efforts by other organisations. The Global Shield Secretariat, building on consultations within the Coordination Hub and the Financing Structure, reverts to the government focal point with a proposal, outlining how the country’s Request can be approached most effectively. Building on the country’s final decision, the Financing Structure and/or other implementing institutions develop a tailored CDRFI package and mobilise financial and technical resources to deliver and implement the needed support.
