Africa Climate Risk Insurance Facility for Adaptation (ACRIFA ) What's in it for Africa?
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
Africa Climate Risk Insurance Facility for Adaptation (ACRIFA ) What's in it for Africa?
-
Narrated by:
-
By:
About this listen
Awake Africa take a critical look at ACRIFA: The Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) aims to improve climate resilience in Africa's agricultural sector by increasing access to climate insurance. ACRIFA will achieve this by mobilizing $1 billion in funding to support the development and scaling of innovative insurance products, strengthening the African insurance industry, and fostering collaboration among stakeholders. The initiative focuses on a three-tiered intervention strategy (macro, meso, and micro levels) and employs a regional risk-sharing model to reduce the cost of insurance and enhance market capacity. Ultimately, ACRIFA seeks to de-risk investments in climate-smart agriculture, increase access to finance for farmers, and build the adaptive capacity of the agri-food system.