Speaking on early 2026 when Papua New Guinea recorded its first-ever parametric insurance payout following a 5.7 magnitude earthquake, which triggered payments to approximately 3,200 policyholders across Madang and Morobe Provinces through Women's Micro Bank (Mama Bank).
The Climate Change and Development Authority (CCDA) successfully convened a week-long Technical Working Session from 24th to 27th March 2026 at the Koitaki Country Club, bringing together key government agencies and sector representatives to progress the development