Portfolio Partner Profile
BlueOrchard InsuResilience Investment Fund
The InsuResilience Investment Fund (IIF) seeks to support climate adaptation by improving access to and the use of climate insurance in developing countries. The objective of the fund is to reduce the vulnerability of low-income households and micro, small, and medium enterprises (MSME) to extreme weather events. The InsuResilience Investment Fund is set up as a public-private-partnership for qualified investors and combines private debt and equity investments in two separately investible sub-funds as well as technical assistance and premium support. Calvert Impact Capital invested in the debt sub-fund. The fund is managed by BlueOrchard and set up by KfW, the German Development Bank, on behalf of the German Federal Ministry for Economic Cooperation and Development.
IIF is the only G20 Initiative on Climate Risk Insurance investing private capital in private sector companies to increase commercial insurance offerings. The fund is pioneering the development and distribution of micro and meso insurance products against extreme weather events and natural disasters. The G20 InsuResilience Global Partnership aims to protect more than 500 million vulnerable people in developing countries against the impacts of climate change.
BlueOrchard, the manager of the fund, is a leading global impact investment manager and a member of the Schroders group. The firm is dedicated to fostering inclusive and climate-smart growth in emerging and frontier markets, while providing attractive returns for investors. BlueOrchard was founded in 2001, by initiative of the UN, as the world’s first commercial manager of microfinance debt investments. The firm has built a distinct track record in offering premium impact investment solutions, including credit, private equity, and sustainable infrastructure. As an expert in innovative blended finance mandates, the firm is a trusted partner of leading global development finance institutions. As of December 2020, BlueOrchard has disbursed in excess of USD 8 billion to more than 562 institutions across 90 different emerging and frontier countries, whilst impacting the lives of over 215 million individuals with low incomes and contributing to 13 out of the 17 SDGs.
Protecting low-income communities through climate insurance
The InsuResilience Investment Fund’s latest report on climate insurance in developing countries, called "Protecting low-income communities through climate insurance," takes a look at the Fund’s work and achievements in facilitating adaptation of climate insurance to improve productivity and resilience of smallholder farmers and agribusinesses over the six years of operation.
Learn more in the video below:
A Story of Mutual Growth: BlueOrchard and Banco Solidario
Banco Solidario is a fully licensed microfinance bank that has been engaged in microfinance for more than 20 years. The bank has the second largest exposure on the microfinance sector, and operates through a network of 55 branches in all main cities in Ecuador. IIF works with Banco Solidario to expand the climate insurance product to its clients.