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Cambridge Institute for Sustainability Leadership (CISL)



One of the major challenges facing the finance sector (investors and insurance) when underwriting emerging economy infrastructure projects, is that the industry only enters the project design process towards the end of the development cycle, even though it is exposed to the greatest degree of long-term risk.

Consequently, insurance is often exposed to unsustainable, uninsurable infrastructure projects that fail to meet the needs of the local communities it intends to serve. Yet insurance has multiple skills and capabilities that could support more informed infrastructural decision making and planning. This raises questions as to how such infrastructure projects can be reimagined, to include the finance sector more closely, from the outset. In so doing, CIP AIRR hopes to develop a methodology that can support more bankable, insurable and sustainable infrastructure projects that actually meet the needs of local communities.

CIP AIRR is an open and collaborative platform, piloted in Dar es Salaam in October 2016, that brought together city officials with a cross-section of finance sector experts, to help identify and promote viable solutions to major infrastructure challenges that city faces.

Read the guide – The City Innovation Platform: A guide to multi-sector collaboration on resilience.




7 July 2021

Representing a growing global network of leading insurance industry organisations, ClimateWise helps to align its members’ expertise to directly support society as it responds to the risks and opportunities of climate change. ClimateWise, as part of the Centre for Sustainable Finance, is uniquely...

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CIP AIRR pilot project, Dar es Salaam, Tanzania

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