Risk awareness – A pilot development-aid project with good prospects
Munich Re makes its contribution with a wide range of prevention
and adaptation measures aimed at protecting people in exposed
Munich Re promotes the resilience of cities and communities
Via specialised solutions and involvement in initiatives, Munich Re intends to further the UN Sustainable Development Goal of making cities and communities more resilient to the consequences of negative influences and catastrophes.
Development aid and catastrophe protection initiatives often lack adequate financing and insurance solutions. In this field, Munich Re aims to support sustainability projects of public and private organisations alike through its specialised subsidiary companies.
City Innovation Platform for African Infrastructure Risk and Resilience
In October 2016, investors, insurers, municipal authorities and politicians came together for a pilot project with the de facto Tanzanian capital, Dar es Salaam. The aim was to cultivate ideas for more sustainable urban development and better risk management of infrastructure measures.
Partnerships between states, international organisations and the insurance industry contribute to protecting against losses due to natural disasters. As a risk carrier, Munich Re is involved in setting up international risk pools.