Initial Market Assessment - Country Scoping Note: Haiti

This scoping note assesses Haiti's disaster risk financing and insurance landscape. It acknowledges existing catastrophe insurance mechanisms like CCRIF and AIC but emphasizes the need for scaling up their impact. The note highlights the weakness of Haiti's insurance sector, the slow progress of development partner projects, and the potential for agricultural insurance and social protection mechanisms. It also details Haiti's exposure to natural disasters, their economic impact, and the government's disaster risk management strategies. The note concludes by outlining opportunities for strengthening the insurance sector and integrating it with social security programs.