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Building Disaster Resilience in Sub-Saharan Africa Program: Result Area 5 - Africa Disaster Risk Financing Initiative Program Brochure

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ABOUT THE ADRF INITIATIVE

The Africa Disaster Risk Financing (ADRF) Initiative is part of the wider ACP-EU Program Building Disaster Resilience in Sub-Saharan Africa, an initiative of the Africa Caribbean and Pacific (ACP) Group of States, financed by the European Union (EU), and implemented by the African Union Commission (AUC), the United Nation Office for Disaster Risk Reduction (UNISDR), the African Development Bank (AfDB) and the Global Facility for Disaster Reduction and Recovery (GFDRR) / World Bank. ADRF activities started in 2015, following the official launch of the Initiative at the Understanding Risk and Finance (URF) conference in Addis Ababa, in November 2015.

The objectives of the ADRF Initiative are to:

  • Support the development of multi-risk financing strategies at regional, national and local levels to help African countries make informed decisions;

  • Improve financial response capacity post-disaster; and

  • Mitigate the socio-economic, fiscal and financial impacts of disasters in African countries.

The initiative expects to catalyze the uptake of innovative risk identification, assessment and financing tools within the development policy frameworks and agenda of several middle and low-income African countries. The ADRF technical assistance is driven by demand from governments.