To establish the African Climate Risk Insurance Facility (ACRIF) to promote climate risk insurance as a viable instrument of improving climate risk management, strengthening adaptation and addressing fragility on the African continent

Project Details

GEF Project ID
11008
Country
Regional
Implementing Agencies
African Development Bank
Approval FY
1970
Status
Concept Approved
Region
Regional
Executing Agencies
TBD
GEF Period
GEF - 7
Project Type
Full-size Project
Focal Areas
Funding Source
Least Developed Countries Fund

Financials

USD
Co-financing Total
25,000,000
GEF Project Grant
8,940,768
GEF Agency Fees
840,432

Timeline

Received by GEF
14 Apr 2022
Concept Approved
24 May 2022