Discussions around the informal sector have often considered it as a homogeneous group. This view may have a negative impact on the development of appropriate protection and insurance solutions for this sector where heterogeneity in terms poverty, age, education and skills among others exist. Social protection schemes and DRF solutions can effectively enhance the resilience of the informal sector only if adjusted to the profile of the household or business segment to be protected. This includes considering not only the composition, size, location, assets, sector and other explicit features, but also the more implicit characteristics, such as the gender dynamics in low-income households, cashflow sources and timing, businesses and sectors that are more vulnerable to disaster risks.
In this light, the aim of the session is to understand how the characteristics of different household and business segments in the informal sector could and should be considered in developing DRF solutions for the vulnerable. More specifically: