Wtw announces usaid funding for transformative climate finance solution to scale up adaptation investment in vulnerable countries

London, march 18, 2024 (globe newswire) -- wtw (nasdaq: wtw), a leading global advisory, broking, and solutions company, today announced that it will receive funding from the u.s. agency for international development (usaid) to develop a climate-resilient insurance solution that aims to unlock climate adaptation investment from the private sector. with usaid funding, wtw will design a pilot facility enabling the u.s. development finance corporation (dfc) to offer a parametric insurance solution (resilience wrapper) that protects its direct loans to private enterprises from climate-related shocks.
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