This activity report summarizes activities of Result Area 5, also known as the Africa Disaster Risk Financing (ADRF) Initiative from July 1, 2017 to June 30, 2018.The report provides an overview of the achievements to date and identifies upcoming priorities and challenges.
The ADRF Initiative was officially launched on November 17, 2015 in Addis Ababa during the Understanding Risk and Finance (URF) conference. It supports African countries in developing national risk financing tools and strategies that have the potential to significantly reduce disaster losses, speed recovery, and build resilience to natural hazards. So far, the ADRF Initiative has achieved positive results in supporting governments by strengthening their capacity to design and implement risk financing policies, instruments, and strategies at regional, national and local levels.
