Press Releases

Angola, Burundi, Malawi, Seychelles and Zambia join REPAIR for rapid access to disaster response funding

The World Bank has approved the accession of Angola, Burundi, Malawi, Seychelles, and Zambia to…

Groundbreaking Joint Grant Agreement signed as Global Shield Solutions Platform supports Regional Risk Pools’ move from commitment to implementation

In a major step toward global collaboration on disaster risk finance, four Regional Risk Pools…

REPAIR program delivers USD 16.8 million payout to Mozambique two days after government request

The Regional Emergency Preparedness and Inclusive Access to Recovery (REPAIR) programme has demonstrated the vital…

REPAIR disburses over USD16.8 million in emergency assistance to Mozambique in wake of cyclone Jude

The Regional Emergency Preparedness and Inclusive Access to Recovery (REPAIR) program, a World Bank program…

Norway provides NOK 50 Million to strengthen Africa’s climate resilience through ARC Ltd.’s SACPIP-Africa initiative

Africa’s economic and social fabric is disproportionately affected by climate change. Over 95% of Africa’s…

COP 29 scored a series of victories, but meaningful action remains elephant in the room

As always with COP meetings, deadlines come and go before final agreements are made, and…

Global Shield at COP29: Supporting Climate-Vulnerable Countries

At COP29, the Global Shield against Climate Risks, a G7-V20 initiative, reaffirmed its commitment to…

PCRIC and Regional Risk Pools Host Joint Side Event at COP 29

The Pacific Catastrophe Risk Insurance Company (PCRIC), along with regional risk pools; the African Risk…

ARC Ltd. advocates for innovative disaster risk insurance solutions at COP29 to bolster Africa’s climate resilience

Hybrid mutual insurer African Risk Capacity Limited (ARC Ltd.) is taking a leading role at…