{"id":60315,"date":"2024-06-25T18:05:12","date_gmt":"2024-06-25T18:05:12","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/?p=60315"},"modified":"2024-06-25T17:54:24","modified_gmt":"2024-06-25T17:54:24","slug":"dutch-government-funds-africas-climate-resilience-with-us27-million","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million","title":{"rendered":"Dutch Government Funds Africa\u2019S Climate Resilience with US$27 Million"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>ARC Ltd. has secured a $27 million contribution from the Dutch government aimed at bolstering climate resilience across Africa. <\/b><\/p>\n<p>The funding will be administered through the African Development Bank\u2019s Africa Disaster Risk Financing Programme (ADRiFi) Multi-Donor Trust Fund, marking the Netherlands as the sixth donor to join this initiative. This support will specifically enhance the accessibility and affordability of parametric insurance and other climate risk management tools across the continent.<\/p>\n<p>Lesley Ndlovu, CEO of ARC Ltd., expressed gratitude for the Netherlands\u2019 contribution, highlighting its pivotal role in reducing the protection gap and facilitating premium support to make parametric insurance more accessible.<\/p>\n<p>Established in 2019, the ADRiFi programme, a collaboration between the African Development Bank and ARC Ltd., aims to expand insurance coverage against climate risks in Africa. Since its inception, the partnership has provided financial protection to over six million individuals, demonstrating significant progress in enhancing the continent\u2019s resilience to climate shocks.<\/p>\n<p>The programme\u2019s success is underscored by robust support from international donors, including the United Kingdom, Switzerland, the United States, Canada, Norway, and now the Netherlands. With the Bank\u2019s investment exceeding $100 million, 16 African countries have accessed sovereign insurance and financial protection against climate hazards.<\/p>\n<p>Parametric insurance, a cornerstone of the initiative, ensures swift payouts based on predefined criteria such as cyclone intensity or rainfall excess, expediting financial assistance to affected communities. This mechanism plays a critical role in mitigating the socioeconomic impacts of natural disasters, particularly among vulnerable populations.<\/p>\n<p>The ongoing efforts of the ADRiFi programme underscore a collective commitment to safeguard African nations against the escalating impacts of climate change, promoting sustainable development across the continent.<\/p>\n<p><strong>For More News And Analysis About Gambia Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. ARC Ltd. has secured a $27 million contribution from the Dutch government aimed at bolstering climate resilience across Africa. The funding will be administered through the African Development Bank\u2019s Africa Disaster Risk Financing Programme (ADRiFi) Multi-Donor Trust Fund, marking the Netherlands as the sixth donor to join this initiative. This support will [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":60314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[260],"class_list":["post-60315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dutch Government Funds Africa\u2019S Climate Resilience with US$27 Million - Gambia<\/title>\n<meta name=\"description\" content=\"ARC Ltd. has secured a $27 million contribution from the Dutch government aimed at bolstering climate resilience acro ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dutch Government Funds Africa\u2019S Climate Resilience with US$27 Million\" \/>\n<meta property=\"og:description\" content=\"ARC Ltd. has secured a $27 million contribution from the Dutch government aimed at bolstering climate resilience acro ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T18:05:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/06\/sm_1719325347.514372.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1584\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Dutch Government Funds Africa\u2019S Climate Resilience with US$27 Million\",\"datePublished\":\"2024-06-25T18:05:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\"},\"wordCount\":292,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/06\/sm_1719325347.514372.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/dutch-government-funds-africas-climate-resilience-with-us27-million\",\"name\":\"Dutch Government Funds Africa\u2019S Climate Resilience with US$27 Million - 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