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TENDERun agencyservices

RFP Develop Climate-Induced Microinsurance Product for Garment Workers and Families 2026 Tender

organisation

In context

This is a contract notice published by a UN agency covering services. Bids are invited through an open procedure. Delivery covers Bangladesh and South-Asia (Asia). It is classified under Climate Adaptation, Climate Fintech and Environmental Justice against the sustainability taxonomy rather than matched on keywords.

Summary

a UN microfinance agency seeks to develop a climate-resilient microinsurance product targeting garment workers and their families in Bangladesh, addressing climate-induced risks. Bidders should have expertise in microinsurance product design, climate-risk assessment, and experience serving vulnerable populations in South Asia.

Summary by Raise Lens from the official notice · 12 Aug 2026Accurate?

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About this tender

The funder seeks to develop a parametric insurance product addressing health hazards and lowered productivity of RMG (Ready-Made Garment) workers in Bangladesh caused by climate change (extreme heat, wind, rain, floods, drought, and geo-hazards such as earthquakes and tsunamis). The project will be executed through a blended finance approach and will address financial and technical limitations of Insurers and Financial Service Providers (FSPs) in Bangladesh in developing climate-linked microinsurance products for garment workers. …