The European Investment Bank has approved a debt investment of up to $10 million in the senior notes of the InsuResilience Investment Fund, which is a debt sub-fund, lending to financial institutions and aggregators, mainly microfinance institutions (MFIs), in return for participation in the development and distribution of climate risk insurance. The total size of the fund is approximately $150 million and is managed by BlueOrchard Asset Management.

The InsuResilience Investment Fund, ...