African Risk Capacity
The African Risk Capacity (ARC) is a continental index-based weather risk insurance pool and early response mechanism initiated by the African Union. It will offer insurance coverage for governments of African countries transferring risks to the international financial market and complementing national or regional micro-insurance schemes as supported by other SDC organisational units. With this project the SDC will co-finance the design phase implemented by the World Food Programme and after that the Specialized Agency of the African Union in its task to enable more countries to join the ARC.
Land/Region | Thema | Periode | Budget |
---|---|---|---|
Afrika |
Humanitäre Hilfe & DRR Beschäftigung & Wirtschaftsentwicklung Landwirtschaft und Ernährungssicherheit
Materielle Nothilfe
Finanzsektorpolitik Förderung von landwirtschaftlichen Wertschöpfungskette (bis 2016) |
01.12.2012
- 31.10.2016 |
CHF 4’500’000
|
- World Food Programme
-
Sektor nach Kategorisierung des Entwicklungshilfeekomitees der OECD NOTHILFE
BANKGESCHÄFT UND FINANZDIENSTLEISTUNGEN
OTHER MULTISECTOR
Sub-Sektor nach Kategorisierung des Entwicklungshilfeekomitees der OECD Materielle Nothilfe und Leistungen
Politik und Verwaltung im Finanzbereich
Ländliche Entwicklung
Querschnittsthemen Projekt berücksichtigt die Geschlechter-Gleichstellung als Querschnittsthema.
Projekt berücksichtigt Demokratisierung, gute Regierungsführung und Menschenrechte als Querschnittsthema.
Projekt unterstützt auch Verbesserungen in der Partnerorganisation
Art der Unterstützung Öffentliche Entwicklungshilfe (ODA)
Zusammenarbeitsform Bilaterale Zusammenarbeit
Finanzierungsform Zuwendung ohne Rückzahlung
Unterstützungsform Gemeinschafts-/Sammelfinanzierungen
Gebundene/ungebundene Hilfe Ungebundene Hilfe
Projektnummer 7F08569
Hintergrund |
Droughts and floods are the two most frequent natural disasters that impact on the food security of vulnerable communities in Africa. In case such a disaster causes a call for humanitarian aid, relief often only arrives six to nine months later. An insurance scheme for governments based on satellite images would allow immediate payout and promises relief to the affected communities before they have to start selling their productive assets. |
Ziele |
To provide participating African governments with effective financial weather risk management tools and funds to respond to extreme climate events and to incentivise improved disaster risk reduction, planning and response. |
Zielgruppen |
The immediate beneficiaries are the African Union member states and the regional bodies that interact with the project, as they will receive technical assistance in financial disaster preparedness and weather risk management. The indirect beneficiaries are the most vulnerable, food insecure populations of these countries, who will receive more timely and effective assistance in the event of weather disaster. |
Mittelfristige Wirkungen |
African-owned risk pool (ARC) provides pooled contingency funding mechanism to African countries for planned responses to extreme climate emergencies. Indicators: 1) Number of risk pool participation requests received by project from national governments; 2) Number of countries with developed drought response contingency plans linked to contingent funds. |
Resultate |
Resultate von früheren Phasen: The ARC design phase started in January 2011. Up to now USD 10 mio have been mobilized for the design of the ARC and six African countries have signed pre-agreements with the ARC for their participation in the risk pool. |
Verantwortliche Direktion/Bundesamt |
DEZA |
Kreditbereich |
Entwicklungszusammenarbeit |
Projektpartner |
Vertragspartner Organisation der Vereinten Nationen (UNO) |
Budget | Laufende Phase Schweizer Beitrag CHF 4’500’000 Bereits ausgegebenes Schweizer Budget CHF 4’408’820 |
Projektphasen |
Phase 3
10.12.2019
- 31.12.2022
(Completed)
Phase 2
01.12.2016
- 31.08.2021
(Completed)
Phase 1 01.12.2012 - 31.10.2016 (Completed) |