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    Insurance, 'an essential policy instrument' for the SDGs

    Insurance is essential to help the world's poor bounce back from the devastation of extreme events and help them withstand natural hazards, but insurance premiums don't usually rank high in budgets of poor households. How then can donors and governments help cultivate low-cost insurance schemes for the poor?

    By Bill Hinchberger // 15 July 2015

    Affordable and reliable insurance is essential to help the world’s poor bounce back from the devastation of extreme events and help them withstand natural hazards.

    That’s according to a report released by the University of Cambridge Institute for Sustainability Leadership during the third International Conference on Financing for Development in Addis Ababa, Ethiopia. In fact, insurance deserves attention as “an essential policy instrument” in efforts to meet the sustainable development goals, CISL fellow and report co-author Ana Gonzalez Peleaz said.

    “Access to insurance increases the resilience of communities to climate risk and natural hazards,” she added.

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    About the author

    • Bill Hinchberger

      Bill Hinchbergerhinchberger

      Bill Hinchberger is a global communications professional and educator. He studied at Berkeley and has taught at the Sorbonne. Based mostly in Paris, he spends quality time in Brazil and the United States, and works extensively in Africa and Latin America. He has served as an international correspondent for The Financial Times, Business Week, ARTnews, Variety, and others. One current focus of his work is content creation for foundations, NGOs and other organizations, especially those working on issues related to international affairs, the environment and development. He also runs training programs for professional journalists, notably in Africa, and is an associate of Rain Barrel Communications, a leading consultancy for social justice projects.

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