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Access to the African Risk Capacity Programme

Source(s):  Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Ghana - government
Munich Climate Insurance Initiative (MCII)
National Disaster Management Organization (Ghana) (NADMO)

The African Risk Capacity (ARC) is a continental sovereign risk pool and early response mechanism designed to execute pre‐approved contingency. ARC’s mission is to help African Union Member States to protect the food security of their vulnerable populations. As an insurance risk pool, ARC’s objective is to capitalize on the natural diversification of weather risk across Africa, allowing countries to manage their risk as a group in a financially efficient manner in order to respond to probable but uncertain risks.

This brief covers Ghana’s engagement with ARC, challenges, solutions and lessons learned in the process.

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  • Access to the African Risk Capacity Programme
  • Publication date 2019
  • Number of pages 4 p.

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