The Africa Disaster Risks Financing Programme (ADRiFi) will reinforce Madagascar's disaster risks management (DRM) efforts through the establishment of an effective early warning system, a contingency plan and national response mechanisms adapted to the country, as well as provide an immediate, more economical and effective response to drought. ADRiFi will build Madagascar's capacity in disaster risk assessment, early warning systems and contingency plans, and support the country's participation in the sovereign risk transfer mechanism of the African Risk Capacity (ARC). In-depth preparedness will enable the country to rapidly deploy funds based on pre-approved disaster contingency plans, thus securing the environment for small-scale farmers and the livelihood of rural dwellers in the event of drought. The programme targets areas of the country that are vulnerable to risks of disasters related to tropical cyclones, floods and drought. Due to the drought risk coverage provided by the ARC as part of the programme, the programme’s target area is the "Great South" of Madagascar because of its high vulnerability to drought. The ADRiFi programme has three components: (i) developing climate risk management solutions; (ii) Supporting access to disaster risk transfer solutions; and (iii) Programme management and coordination. The programme covers a 5-year period (2019-2023) and will cost UA 3.29 million. The project primely contributes towards climate adaptation result. As such 100% of the total approval is attributed as climate finance, out of which 100% is adaptation finance.

Madagascar

African Development Bank Group

Africa Southern Africa Sub-Saharan Africa

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29.05.2019

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