Cyclones, Floods, Droughts, Earthquakes, Tsunamis, and other natural disasters wreak extreme levels of havoc not only on people and property but also on governments and resource. When nations pool their risks with other nations, they can weather the financial burdens of these disasters more effectively. Now, the world’s foremost sovereign, risk pooling organisations have joined forces under the banner of ‘Resilience Risk Pools’ to advance awareness, education, and resource development to bring greater attention and financial commitment.
The need for disaster risk finance (DRF) in developing countries is huge and it is imperative that we scale up significantly and mainstream the approach of proactive DRF to meet this need.
Following the launch of the Global Shield against Climate Risks at COP27, the CEOs of three regional risk pools met with the InsuResilience Global Partnership (IGP) Secretariat for an introduction… […]
Strengthening the reach and impact of the world’s risk pools is the key objective of a Memorandum of Understanding between African Risk Capacity Limited (ARC Ltd.), […]