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Press release from the SMI 17 December 2025

SMI Publishes 2025 Global Risk and Resilience Fellowship Summary Report

SMI, with Howden and the Resilient Cities Network, published its 2025 Global Risk and Resilience Fellowship Summary Report, showing how public–private collaboration and insurance expertise help cities unlock finance and strengthen climate resilience.

In partnership with Howden and the ResilientCitiesNetwork we have launched the latest Global Risk and Resilience Fellowship summary report

The Fellowship brings together the collective expertise of the global insurance industry, the wider private sector and municipal leaders. Over the past three years, the Fellowship has engaged 13 cities and 25+ private sector partners, showing how insurance strengthens risk assessment and unlocks climate finance.

This year, working with Rio de Janeiro, Mexico City and New York, the report explores the role of insurance in addressing flood, earthquake and coastal resilience challenges – underscoring the importance of public-private collaboration to advance urban resilience.

View the full report here

The Sustainable Markets Initiative (SMI) convenes the private sector to ackle the toughest sustainability and climate challenges, including advancing urban resilience. By bringing together entrepreneurs, investors and corporate leaders, SMI catalyses practical, scalable solutions that align innovation, finance and local leadership, so cities can withstand shocks, protect livelihoods and build more inclusive, sustainable futures. Next year, it will be important to focus on deepening the partnerships developed under this programme, and bringing in new collaborators to turn ideas into market action; unlocking blended finance and directing innovation toward nature-based and data-driven solutions that accelerate equitable, city-level resilience.

Jennifer Jordan-Saifi CEO. Sustainable Markets Initiative