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Sun, 03 Dec

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Risk Pool pavilion

Building partnerships for climate risk management: replicating partnerships to scale risk pooling in Africa

African Risk Capacity Limited (ARC Ltd)

Building partnerships for climate risk management: replicating partnerships to scale risk pooling in Africa
Building partnerships for climate risk management: replicating partnerships to scale risk pooling in Africa

Time & Location

03 Dec 2023, 22:00 – 23:00

Risk Pool pavilion

About the event

Climate change poses mounting threats to African communities, with increased frequency of climate shocks like droughts, floods and tropical cyclones. Many African countries lack sufficient financial capacity to manage these growing climate risks.

ARC Ltd aims to provide disaster risk coverage to over 40 million vulnerable Africans by 2026. Achieving this requires expanding risk pooling services into new countries and replicating successful partnerships. IIED's Ritu Bharadwaj will join this session that will share insights on strategic partnerships that can catalyse the scale-up of climate risk management in Africa.

Related reading: Tackling climate change loss and damage by strengthening anticipatory risk response under social protection programmes | Protecting against sovereign debt defaults under growing climate impacts: role for parametric insurance

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