Key Documents

Global Shield Ambition

This document sets the strategic direction of the Global Shield against Climate Risks

Read here

Global Shield Governance Charter

This document outlines the governance structure of the Global Shield against Climate Risks and explains the functions of each governing body.

Read here

Global Shield In-Country Process

This Guidance Note provides a detailed overview of the Global Shield In-Country Process.

Read here

Framework for Prioritization of Country Support

The Framework describes the Processes and Methodologies used for the Global Shield Prioritization of Country Support.

Read here

Reporting & Methodological Guidance

Vision 2025 Update

This report includes the 2023 status update and mid-term review of the InsuResilience Vision 2025. The Global Shield is committed to continue the reporting of Vision 2025.

Vision 2025 Update

Mid-term review of Result Area 4 – Report 1
Mid-term review of Result Area 4 – Report 2
Mid-term review of Result Area 4 – Report 3

Step by Step Process of Premium Finance Allocation to PCRIC Countries

The allocation methods suggested here is based on the methodological guidance developed by ODI (Panwar et al. 2022) to determine the “size” of premium and capital support (PCS) at macro-level, based on the SMART PCS Principles.

Read here

Additional Documents

Global Shield Overview

This 2-Pager provides an overview of the Global Shield and the In-Country Process.

English

French

Spanish

Global Shield Concept

The Concept Note of the Global Shield against Climate Risks provides an overview of key objectives, stakeholders, processes, and activities of the Global Shield.

Read here

Global Shield Policy Brief

The Global Shield Policy Brief describes the joint G7 and V20 ambition to work towards the Global Shield against Climate Risks.

Read here

Global Shield Fact Sheet

A Global Shield against Climate Risks: Germany’s G7 proposal for tackling climate-related losses and damages in developing countries.

Read here

G7 Leaders Communiqué

The G7 commits to scale up Climate and Disaster Risk Finance and Insurance (CDRFI) and aims to work towards a Global Shield against Climate Risks, building on the InsuResilience Global Partnership and other initiatives.

Read here

Conclusions of the 7th InsuResilience High-Level Consultative Group (HLCG) Meeting

The InsuResilience HLCG endorses the concept for the Global Shield against Climate Risks and agrees to take on the role of HLCG for the Global Shield.

Read here

V20 Ministerial Communiqué VIII

The V20 Group endorses the Global Shield as centralized mechanism for adaptation and resilience.

Read here

InsuResilience Magazine No. 2

The Global Shield against Climate Risks. A new era of collaboration – the joint V20/G7 financial protection initiative.

Read here

V20 Ministerial Communiqué X

Communiqué adopted during the Ministerial Dialogue X of the Vulnerable Twenty (V20) Group, highlighting the contributions of the Global Shield.

Read here

UNFCCC COP27 Decision on Loss and Damage

Funding arrangements for responding to loss and damage associated with the adverse effects of climate change, including a focus on addressing loss and damage.

Read here

Step by step guidance

A gender-smart approach to monitoring and evaluation (M&E) of Climate and Disaster Risk Finance and Insurance (CDRFI) Programmes.

Read here

Toolkit for policymakers

A gender-responsive approach for Climate and Disaster Risk Finance and Insurance (CDRFI).

Read here

Step by step guidance

Gender-Lens Investing in Climate and Disaster Risk Financing and Insurance (CDRFI) Solutions.

Read here