Africa Disaster Risk Financing (ADRiFi) Programme
As a flagship initiative of the African Development Bank on Climate and Disaster Risk Financing, the Africa Disaster Risk Financing (ADRiFi) Programme helps African countries strengthen their financial resilience to climate-related disasters. Launched in 2018, ADRiFi works with countries to strengthen disaster risk preparedness and develop tailored pre-arranged financing and insurance solutions that enable governments to access funding quickly when disasters strike – protecting vulnerable communities, livelihoods and hard-won development gains.
From Climate and Disaster Risk to Financial Resilience
Africa faces severe and growing climate risks that threaten lives, livelihoods, food security and economic growth, placing increasing pressure on vulnerable communities and on public resources.
Rising Temperatures
Africa has warmed by approximately +0.3°C per decade since 1991, faster than the global average.
Economic Losses
2–5% of GDP estimated annual losses from climate-related disasters.
Fiscal Pressure
Up to 9% of national budgets required to respond to climate-related disasters in some countries.
Need for Financial Preparedness
$30–50 billion per year estimated cost of climate adaptation in sub-Saharan Africa over the next decade.
Faster Response
Financing arranged before disasters strike enables resources to be released rapidly when predefined triggers are met.
Greater Resilience
656M+ people cumulatively covered by ARC disaster risk insurance across Africa.
When disasters strike, the speed at which financing reaches affected countries and communities can determine how effectively lives, livelihoods and development gains are protected.
How ADRiFi Works
ADRiFi supports African countries to strengthen their financial resilience and preparedness for climate-related disasters
The Programme works through four complementary building blocks:
Understand & Prepare
Strengthen risk understanding, institutional capacity, contingency planning and preparedness.
Finance & Protect
Develop tailored disaster risk financing strategies and solutions, including sovereign insurance and premium support.
Respond
Enable rapid access to pre-arranged financing when disasters occur, supporting timely assistance to affected populations.
Build Resilience
Protect lives and livelihoods, reduce fiscal vulnerability and safeguard development gains.
The ADRiFi Multi-Donor Trust Fund (MDTF)
Established in 2021, the ADRiFi MDTF pools resources from development partners to scale up ADRiFi support to African countries, including institutional capacity building, disaster risk financing solutions and premium financing.
Where ADRiFi operates
Over US$100 million invested to strengthen climate disaster risk financing across 18 countries
From Sovereign Protection to Resilience at Every Level:
Connecting ADRiFi and ACRIFA
Through collaboration with ACRIFA, ADRiFi complements sovereign financial protection with solutions for businesses, value chains, and smallholder farmers – helping build resilience from macro to meso and micro levels.
Governments
Sovereign protection and national resilience
Businesses &
Value Chains
Risk transfer solutions for agri-businesses and value chains
Farmers & Households
Inclusive insurance and financial resilience for communities
Together, ADRiFi and ACRIFA focus on:
01.
Climate Risk Management
Strengthening climate and disaster risk management and helping close financial protection gaps.
02.
Coordinated Resource Mobilization
Mobilizing pre-arranged finance through governments, insurers and value-chain partners.
03.
Inclusive Climate Insurance
Expanding risk-sharing and insurance solutions for governments, agri-businesses, farmers and households.
A more resilient Africa
By connecting sovereign protection with inclusive insurance solutions, ADRiFi and ACRIFA help countries, businesses, farmers and communities withstand climate shocks and build a more resilient, food-secure Africa.
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