Sovereign flood risk pre-feasibility study for Ghana – a summary

Within the project "Developing Risk Management Approaches for Climate Risks", the Strategic Partnership between the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Allianz Reinsurance prepared the ground for implementing risk transfer solutions within an integrated flood risk management approach for public assets of selected assemblies in the Greater Metropolitan Area Accra (GAMA), Ghana.

To this end, a study was commissioned to analyse the feasibility of the national government as a sole or shared risk carrier in a sovereign public asset insurance programme for Ghana. The objectives of the study were (i) to further extend the options of a risk layering approach within an integrated flood risk management in Ghana and (ii) to analyse if the proposed risk transfer mechanism by the Strategic Partnership is feasible. This flyer provides a summary of this study.