Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) has announced its investment in the Hyogo Prefecture FY2025 Disaster Resilience Bond.
Zenkyoren says one of its missions is to help build safe and prosperous local communities through proactive business activities. The organisation works closely with Agricultural Cooperatives to promote disaster preparedness and carries out rapid damage assessments through its nationwide support network. In its investment activities, Zenkyoren aims to balance stable returns with support for projects that address social issues.
The new bond is designed to strengthen disaster preparedness, share lessons learned from past earthquakes, and continue the philosophy of “creative reconstruction.” Zenkyoren explained:
“The purpose of this bond—preparing for large-scale disasters, passing on the lessons of the Great Hanshin Earthquake, and supporting creative reconstruction—strongly aligns with our mission. This is why we have chosen to invest.”
The bond has been issued to mark the 30th anniversary of the Great Hanshin Earthquake. It is the first bond of its kind issued by Hyogo Prefecture, and the funds will be strictly used for projects that improve public safety and disaster resilience. The bond aims to:
- strengthen preparations for large-scale disasters
- share the lessons of the Great Hanshin Earthquake within and beyond Hyogo Prefecture
- promote creative reconstruction
Zenkyoren says it will continue to contribute to the sustainable development of agriculture and local communities, while fulfilling its wider social role in Japanese society.
Photo shows: Himeji Castle, a well-known symbol of the Hyogo prefecture in Japan
