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PRESS RELEASE: France contributes US $5 million to African Risk Capacity to support climate risk insurance

PDF version PARIS—The African Risk Capacity (ARC) on December 13 welcomed a US $5 million contribution from the Agence Française de Développement (AFD) which will help African governments respond to climate-related disasters more quickly, effectively, and sustainably. The contribution will help further ARC’s mission of building the capacity of African …

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Celebrating 5 Years of Innovation and Collaboration at African Risk Capacity

ARC 5th Year Anniversary

Five years ago, in November 2012, eighteen African governments met in South Africa to take action against the impacts of natural disasters that repeatedly affect the continent, driving countless lives into destitution. Under the umbrella of the African Union, African sovereigns formed a continental institution dedicated to creating more effective, …

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ARC @ COP23

COP23

Every year, the United Nations Climate Change Conference, or COP, gathers the influential thinkers and doers of climate change policy from around the world and across different sectors to discuss, deliberate, and decide on action that must be taken on crucial climate change issues. Since 2014, the African Risk Capacity has …

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PRESS RELEASE: African Risk Capacity and ECOWAS Sign Memorandum of Understanding to Strengthen West African Climate Resilience

ARC Director General Mohamed Béavogui and ECOWAS President Marcel de Souza formalize partnership to collaborate on improving disaster risk management in West Africa. Photo: ECOWAS

ABUJA, Nigeria, 8 November 2017 – The African Risk Capacity (ARC) and the Economic Community of West African States (ECOWAS) are collaborating more closely to build resilience against climate-related disasters in West Africa. As global climate negotiations are underway at the 23rd United Nations Climate Change Convention in Germany, ARC and …

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Dr Joanna Syroka’s Fond Farewell

Jo at work with her colleagues during ARC Training, 2012

From an idea first outlined in 2006, to a full-fledged institution – with 32 member states, USD 500 million of drought risk transferred, over USD 30 million in insurance payouts triggered and 2.1 million people reached with payouts since starting operations in 2014 – the African Risk Capacity has certainly …

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