Climate change and disasters in Pacific Island Countries (PICs) disproportionately impact women and vulnerable groups due to existing gender inequalities, limited economic access, and sociocultural barriers. These events cause economic losses and while emerging initiatives are now integrating gender and social inclusion into climate and disaster risk finance and insurance (CDRFI) solutions, significant gaps remain in ensuring women’s equitable access to insurance, participation in decision-making, and financial literacy. This analysis looks at tailored, gender- sensitive financial products that can enhance women’s resilience and inclusion in climate risk management efforts.

The Pacific Island nations of Fiji, the Republic of the Marshall Islands (RMI), and Tonga face common challenges stemming from their exposure to natural and climatic hazards such as sea-level rise, extreme weather events and flooding. There is a pressing need for tailored and innovative CDRFI mechanisms that can expand outreach to individuals, communities, small businesses, cooperatives, and other livelihood groups10. These mechanisms are essential for providing the protection needed to reduce vulnerabilities.