Develop insurability: Strengthening resilience for SMEs in industrial zones in Morocco

Together with local authorities and private sector partners, new insurance solutions are being developed and linked to all of the phases of the disaster risk management cycle. The aim of the concepts is to contribute to climate resilience of SMEs through strategically combining insurance approaches, if applicable and suitable, with other risk management measures to harness important synergies and leverage spill-over effects between the different approaches. Insurance can bridge within each phase of the disaster risk management cycle to better assist businesses, individuals and governments in strengthening their resilience at the micro, meso, and macro level in a systematic manner. Integrating insurance into the different phases of disaster risk management will increase the effectiveness of preventive measures, relieving budget constraints and strengthening the resilience of industrial areas.