COP27: African facility launched with $14bn to cover climate risks
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COP27: African facility launched with $14bn to cover climate risks

africa_map_cop_27_2022.png
Photo: UNFCCC

An international group of insurance and finance firms convened in Kenya has launched the Africa Climate Risk Facility, with a commitment to underwrite $14bn of cover to protect 1.4 billion people against climate disasters by 2030.

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