Water Utility Parametric Insurance Grant
In context
This call is open to non-profits, large companies and local authorities, at scale-up and mature. Coverage is read from the notice itself: Latin America, Barbados and Antigua & Barbuda and 13 others.
Parametric catastrophe insurance product designed to provide rapid liquidity to Caribbean water utility companies following natural hazard events. This is a risk-financing mechanism that helps water utilities recover quickly from climate and disaster impacts.
About this grant
This parametric catastrophe insurance product provides rapid liquidity to water utilities across the Caribbean following natural disasters, enabling swift restoration of water services. The instrument combines concessional and blended finance to support financial protection against disaster-driven service disruption. Water utilities operating in Caribbean region member states are eligible to apply. Applicants must be nonprofits, local authorities or large companies with operational capacity to manage the insurance product. Organisations must demonstrate exposure to natural hazard risks including hurricanes, floods and droughts, and meet eligibility criteria for partnership with the offering organisation.
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Key requirements
- ✓Applicant must be a water utility company operating in the Caribbean region
- ✓Organization must be eligible under CCRIF membership or partnership criteria
- ✓Project must demonstrate exposure to natural hazard risks (hurricanes, floods, droughts, etc.)
- ✓Utility must have operational capacity to manage parametric insurance product
Frequently asked questions
- Who can apply for Water Utility Parametric Insurance?
- Eligibility covers organisations in LATAM, BB, AG, DM, GD, KN and 10 more countries; nonprofit, large-company, local-authority.
Relevant sectors
About this sector
Water funding covers supply, sanitation, wastewater treatment, water efficiency, catchment management and flood risk. A large share is public procurement for infrastructure and services, alongside grants for innovation and access in underserved areas. Bidders and applicants are typically assessed on technical capacity, operating experience and community impact.
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