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The Climate Risk Adaptation and Insurance in the Caribbean (CRAIC) project, led by the Caribbean Catastrophe Risk Insurance Facility (CCRIF), aims to enhance the Caribbean region's resilience to climate-related disasters. This initiative integrates climate risk adaptation strategies and innovative insurance solutions, combining financial protection with climate adaptation efforts. By collaborating with governments and local communities, CRAIC seeks to raise awareness, build capacity, and implement effective measures to manage climate risks.

 

https://www.ccrif.org/projects/craic/craic-project

Climate Risk Adaptation and Insurance in the Caribbean

  • Organization:

    The Caribbean Catastrophe Risk Insurance Facility

     

  • Category:

    Insurance

  • Subcategory:

    Weather Insurance

  • Available at:

    Rural and Urban

  • Channel:

    Physical

  • Climate Resilience Approach Mapping:

    Risk Recovery

  • Climate Impact Mapping:

    Precipitation Patterns, Flooding, Wind

  • Country / Region Input:

    Caribbean, Belize, Grenada, Jamaica, Saint Lucia, Trinidad and Tobago

  • Sector Mapping:

    Coastal and Marine, Energy and Utilities, Agriculture, Tourism

  • Business Model Mapping:

    Interest, Subscription fees

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