Every year, millions of people are stricken by extreme weather events and natural catastro-phes: crops fail, homes are flooded and property is destroyed. As a result of climate change, these weather hazards are becoming more severe and happening ever more frequently. The International Climate Initiative (ICI) is financing projects in which innovative insurance solu-tions are being developed and tested, for example in China. The project is now also receiving additional financial support from the Asian Development Bank (ADB).