Demand and Supply Study Report on Climate and Disaster Risk Financing and Insurance in Samoa
This demand and supply study report examines the growing impact of disasters caused by environmental hazards on individuals and households across Samoa and explores financial gaps that could feasibly be filled through climate and disaster risk financing solutions such as parametric insurance.
By shedding light on the intricate interplay between demand and supply, this study aims to inform the Pacific Insurance and Climate and Adaptation Programme about the state of climate and disaster risk financing in Samoa, with the ultimate goal of enhancing resilience and adaptation in the face of an increasingly uncertain climate future through targeted CDRF instruments.
The study is based on:
- 437 individual surveys.
- 25 focus group discussions with 102 participants.
- Interviews with Samoa’s private sector, government agencies, and financial regulator.
- Data was collected from Samoa’s two main islands, Upolu and Savaii.