This activity report summarizes activities of Result Area 5, also known as the Africa Disaster Risk Financing (ADRF) Initiative—referred to as the “ADRF Initiative,” the “Initiative” or “R5”—from July 1, 2016 to June 30, 2017. The report gives an overview of the achievements to date and identifies upcoming priorities and challenges.
The ADRF Initiative aims to support 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 yielded results in supporting governments by strengthening their capacity to design and implement risk financing policies, instruments, and strategies at regional, national and local levels.