Jeremy Lefroy – 2016 Parliamentary Question to the Department for International Development

The below Parliamentary question was asked by Jeremy Lefroy on 2016-01-08.

To ask the Secretary of State for International Development, whether it is her Department’s policy to support the G7 Initiative on Climate Risk Insurance.

Mr Nick Hurd

The UK supports the G7 Climate Risk Insurance Initiative and is committed to contributing to meeting the collective target set out in the Elmau declaration of helping up to an additional 400 million people in the most vulnerable developing countries to gain access to climate risk insurance by 2020.

UK support under the Initiative includes contributions to the African Risk Capacity and the Pacific Catastrophe Risk Assessment and Financing Initiative. In September the Prime Minister announced that the UK would provide at least £5.8 billion of climate finance over the next five years which will include support for climate risk insurance.