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The City Innovation Platform (CIP)

About


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.

 

The founding contributing collaborators include:


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News


The City Innovation Platform: A guide to multi-sector collaboration on resilience

May 2017 – This guide looks at the City Innovation Platform (CIP), a two-day workshop in Dar es Salaam, Tanzania in 2016. The CIP explored how the public and private sectors can collaborate more effectively to deliver sustainable, financeable and insurable infrastructure projects. The workshop involved the active participation from a city network of senior Dar city officials, the insurance industry, asset managers and the private sector.

The City Innovation Platform: A guide to multi-sector collaboration on resilience - Read More…

Investors and lenders need better tools to manage climate risk to homes, mortgages and assets, finds new research

22 February 2019 – New open-source models from ClimateWise, a global insurance network, offer step-by-step guides to help the financial industry prepare for risks posed by climate change.

Investors and lenders need better tools to manage climate risk to homes, mortgages and assets, finds new research - Read More…

CIP AIRR pilot project, Dar es Salaam, Tanzania

October 2016 – ClimateWise partners with Santam, Marsh, Sanlam, Munich Re, ICLEI, Global Infrastructure Basel and the UNEP FI PSI in an innovative collaborative model with the Dar es Salaam city leadership to manage the risks and opportunities associated with key public infrastructure projects.

CIP AIRR pilot project, Dar es Salaam, Tanzania - Read More…

2017 Set to Be Among the Most Expensive on Record After Year of Climate Disasters, Insurance Leaders Warn

21 November 2017 – A climate risk protection gap of US$1.7 trillion caused by extreme weather over the past decade opens up many new opportunities for insurers, says ClimateWise.

2017 Set to Be Among the Most Expensive on Record After Year of Climate Disasters, Insurance Leaders Warn - Read More…