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Detail of GEF Project #4515

GEF Project ID4515
IBRD PO ID123896
Funding SourceSpecial Climate Change Fund
Project NameSoutheastern Europe and Caucasus Catastrophe Risk Insurance Facility (SEEC CRIF)
RegionEurope and Central Asia
Focal AreaClimate Change
PIF Approval Date2011-04-14
Approval Date2011-05-27
CEO Endorsement Date2011-10-19
Project StatusUnder Implementation
GEF AgencyWorld Bank
Executing AgencyEuropa RE
DescriptionTo enable Europa Re, a catastrophe and weather-risk re-insurance facility, to develop new weather risk insurance and reinsurance products, automate insurance underwriting, pricing and claims settlement processes for such products, and increase public awareness of weather risk in participating countries.
GEF Project Grant
5,500,000 USD
GEF Grant
5,500,000 USD
Cofinancing Total
21,500,000 USD
Project Cost
27,000,000 USD
GEF Agency Fees
550,000 USD
GEF Project (CEO Endo.)
5,500,000 USD
Cofinancing Total (CEO Endo.)
21,500,000 USD
Project Cost (CEO Endo.)
27,000,000 USD
GEF Agency Fees (CEO Endo.)
550,000 USD
Project Documents

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