Ensuring Africa's Future: Innovation in Risk Financing
By 2050, Sub-Saharan Africa's population is expected to reach 2.5 billion people. Traditional finance models cannot provide growing African economies with the resources they need to effectively mitigate risk in light of new challenges. Cited by the G7 as a model for disaster finance, African Risk Capacity (ARC) has a goal of covering over 160 million people with climate risk insurance across the continent by 2020. ARC provides African member countries with post-disaster financing in a sustainable, efficient, and reliable manner.
Please join us for an expert discussion on recent innovations in disaster finance. Participants will discuss the implications of ARC's work for food security, epidemics, and Africa's role as a pioneer in disaster risk financing.
Chairman, Board of Directors, African Risk Capacity Insurance Company, Ltd.
CEO, African Risk Capacity Insurance Company, Ltd.
Director, Global Food Security Program
Daniel F. Runde
William A. Schreyer Chair in Global Analysis and Director,
Project on Prosperity and Development