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Applying Seasonal Climate Forecasting and Innovative Insurance Solutions to Climate Risk Management in the Agriculture Sector in Southeast Asia

DeRisking coffee in Vietnam: Piloting a Coffee Climate Protection Insurance scheme to enhance the capacity of smallholders and agribusinesses in coping with climate variability and change

Co-designing products to ensure ownership is a precondition for successful implementation of an insurance pilot. This guarantees that index insurance products are tailored to the needs of beneficiaries. Working closely with ECOM and smallholder coffee producers, the project investigated the climate risks and their impact on coffee production and the supply chain. Based on an analysis of the most impactful risks, the project co-developed and tested the index insurance products to generate wider awareness complemented with willingness-to-pay (WTP) evaluation workshops and farmer surveys

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Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

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Thorsten Schäfer-Gümbel (Chair)
Ingrid-Gabriela Hoven (Vice-Chair)
Anna Sophie Herken

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In charge of this newsletter:
Daniel Herrmann, IKI.vietnam@giz.de
IKI Interface Vietnam
GIZ Office Vietnam
Project “Support to Vietnam for the Implementation of the Paris Agreement II” (VN-SIPA II)

Editor: Tran Xuan Quynh

Photo Credits:
GIZ, Climate-smart agriculture for ethnic minorities in central Viet Nam, DeRISK SE, ETP, Café REDD, Pixabay

The IKI Vietnam Newsletter is administered by the IKI interface in Vietnam hosted by GIZ. It informs regularly about news of climate change and biodiversity projects in Vietnam financed by the International Climate Initiative (IKI). The International Climate Initiative (IKI) is an important part of the German government’s international climate finance commitment. Since 2022 the IKI is implemented by the Federal Ministry for Economic Affairs and Climate Action (BMWK) in close cooperation with the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) and the Federal Foreign Office (AA).

https://www.international-climate-initiative.com/

IKI Independent Complaint Mechanism (IKI ICM)

Any person who is (potentially) negatively affected by an IKI project, can file a complaint via the IKI Independent Complaint Mechanism (ICM). 

It works to enable people who suffer (potential) negative social and/or environmental consequences from IKI project. ​

  • Any person or a group of persons, or a community that has been or may be affected negatively by an IKI project may file a complaint.​
  • Persons wishing to do so can report integrity and/or corruption issues, such as misuse of funds, fraud etc.​
  • If persons experience reprisals in relation to an IKI project or a complaint, they can also use the mechanism. The affected person(s) can authorise a representative to file and pursue the complaint on their behalf.​

To find more information or to file a complaint go to:​

https://www.international-climate-initiative.com/PAGE396-1

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