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UNITED NATIONS CAPITAL DEVELOPMENT FUND (UNCDF) has floated a tender for Corrigendum: Pilot of Climate and Disaster Risk Insurance Solution in Tuvalu.. The project location is Tuvalu and the tender is closing on 26 May 2025. The tender notice number is UNCDF-00329,1, while the TOT Ref Number is 119167544. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Tuvalu
Summary : Corrigendum: Pilot of Climate and Disaster Risk Insurance Solution in Tuvalu.
Deadline : 26 May 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 119167544
Document Ref. No. : UNCDF-00329,1
Financier : United Nations Capital Development Fund (UNCDF)
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
UNCDF invites applications from licensed firms/organisations/institutions that can establish a dedicated Insurance Hub in Tuvalu that will develop, distribute, and manage parametric insurance products designed to mitigate the financial risks associated with climate change and natural disasters. Thehub will cater to local individuals, businesses, and the government, providing quick and affordable financial relief in the event of predefined climate events. By doing so, the hub aims to enhance Tuvalus economic resilience, promote financial inclusion, and reduce dependency on external aid duringtimes of disaster. Based on UNCDF's commitments in Tuvalu to develop Climate and Disaster Risk Finance and Insurance (CDRFI) solutions to protect vulnerable communities from the impacts of climate disasters while building financial resilience, UNCDF is looking to on-board an aggregator partner thatwill carry out the following activities: Risk Profiling and Regulatory Requirements: . Conduct a needs assessment and risk profiling to identify Tuvalu's climate risks (cyclones, droughts, etc.) and develop a risk profile report for the country. . Organize consultations with keystakeholders (government, businesses, community groups, international organizations) and produce a stakeholder engagement report summarizing their inputs and recommendations. Creation of a Legal and Regulatory Framework: Collaborate with the Government of Tuvalu to create the necessarylegal...
Publish Date: 13-May-2025
UN Orgnization: UNITED NATIONS CAPITAL DEVELOPMENT FUND (UNCDF)
Type of Notice: Request for proposal
Documents
Procurement Documents for Tuvalu
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