To assist Kazakhstan with developing a modern catastrophe insurance market infrastructure that will support the launch of affordable, innovative catastrophe insurance products covering the risks of extreme weather variability.

Project Details

GEF Project ID
6915
Country
Kazakhstan
Implementing Agencies
The World Bank
Approval FY
2016
Status
Completed
Region
Europe and Central Asia
Executing Agencies
Europa Re
GEF Period
GEF - 6
Project Type
Full-size Project
Focal Areas
Funding Source
Special Climate Change Fund

Financials

USD
Co-financing Total
15,000,000
GEF Project Grant
5,000,000
GEF Agency Fees
475,000

Timeline

Received by GEF
05 Aug 2014
Concept Approved
21 Oct 2015
Project Approved for Implementation
26 Jan 2016
Project Closed
16 Sep 2021