Building climate and disaster resilience in Africa: Lessons from the African Risk Capacity (ARC)
African Risk Capacity (ARC) is a pioneering initiative seeking to build resilience to climate risks across Africa by combining sovereign risk insurance with strengthening of disaster risk management (DRM) systems and frameworks.
This brief summarises some of the findings of the first formative evaluation of the ARC. It focuses on the themes of data, innovation and knowledge, highlighting ARC’s contributions and experiences in this area, including the challenges faced and commitments made going forward. This brief provides important insights and lessons pertinent to the global conversation on climate risk insurance and, more generally, on building the resilience of countries and vulnerable populations.