CLIENT II-Project is convincing Uzbek government on importance of index based insurance against climate risks

05 September 2019

The recent decree of the president of Uzbekistan from 2 August 2019 “On measures of reforming the fast development of the insurance market of the Republic of Uzbekistan” mentioned the importance of establishing an index-insurance market in the agricultural sector as recommended by KlimALEZ scientist during the last two years.

Ihtiyor Bobojonov, IAMO senior scientist and co-coordinator of the Insurance Lab, said, “We are glad that activities of the project already raised government interest. This in turn motivates us to be more innovative and responsible to identify good solutions that contribute to developments in the insurance sector in the country.”

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