Question to the Department for International Development:

To ask the Secretary of State for International Development, what steps her Department has taken to support the G7 Initiative on Climate Risk Insurance; and what assessment her Department has made of progress towards the target of expanding insurance coverage to 400 million people by 2020.

DFID has a large and growing disaster risk finance and insurance portfolio, with up to £136m approved or invested to date. This includes our £100 million contribution to the Africa Risk Capacity, which aims to reach 150 million people by 2020. The G7 are setting up an expert group to develop indicators to measure progress against the ‘Insuresilience’ target, against which all G7 members, including the UK, will report progress.