Projects

2025 -

Ongoing

InsuResilience II

The InsuResilience II project strengthens climate disaster risk finance and insurance (CDRFI) systems for small and medium enterprises (SMEs) in Sri Lanka; a sector that forms the backbone of the national economy but remains highly vulnerable to climate shocks.

The initiative works to:

Increase SMEs’ access to affordable and gender-responsive insurance products,
Address gender-related barriers that limit women entrepreneurs’ financial protection
Advocate for policy reforms that support climate-resilient SME growth.

As part of a global initiative implemented in eight countries, the project promotes knowledge exchange and cross-learning, contributing to globally relevant approaches in inclusive climate risk financing.

Implementation

Key actions include:

Conducting scoping studies to understand local risks and market gaps
Developing local Multi-Actor Partnership (MAP) plans
Delivering training and technical support to SMEs and service providers
Facilitating access to targeted climate insurance and financial services
Supporting the development of a climate-resilient National SME Policy
Establishing CDRFI pilot products tailored for Sri Lankan SMEs
Developing national and regional CDRFI roadmaps for long-term policy adoption
This approach ensures both practical business support and system-level policy influence.

Beneficiaries

250 SMEs in Uva and Central Provinces
Women entrepreneurs and youth-led enterprises prioritized
SME associations, cooperatives, and producer organizations
Local government institutions and national policymakers
The project strengthens business resilience, financial security, and climate adaptation at both enterprise and policy levels.

Key Outcomes

The project contributes to:

Increased uptake and understanding of climate risk financing tools among SMEs
Stronger gender and inclusion focus in insurance and financial services
More robust MAP networks linking public, private, and community actors
Improved policy frameworks and national coordination for climate-resilient economic development
A more prepared and shock-resilient SME sector

Supporting Donors & Partners

This project was made possible through the generous support of our donors, whose contributions played a vital role in planning, implementation, and successful delivery. Their commitment to social impact and sustainable development helped drive meaningful change and ensured that the project objectives were achieved for the benefit of the communities involved.

Chrysalis works with women and youth for the inclusive growth of Sri Lanka. Stay connected to get updates on our process of building an equitable world for all of us.