Zimbabwe: African Development Bank Group Approves Grant for Disaster Risk Management Training
The grant will cover training for various national agencies involved in disaster risk management and financing and contingency planning as part of the ADRiFi project, designed to enhance the response of Regional Member Countries to climate disasters and promote innovative disaster risk finance instruments, such as disaster risk insurance.
It will also benefit populations at risk of exposure to extreme drought events, particularly smallholder farmers and vulnerable rural communities. ADF is the concessionary lending arm of the
In collaboration with the Bank, the African Risk Capacity, a specialized agency of the
Bank country manager for
"Coupled with harsh economic challenges, these extreme weather events increase household vulnerability, food insecurity, chronic poverty and malnutrition across the country," Kitabire told the Board.
The project demonstrates the Bank's continued support to the country, while the government is working to reform the economy. The Bank is committed to leveraging support from other partners to successfully implement the project, Kitabire said.
In March last year,
The ADRiFi project complements other initiatives currently being implemented in the agriculture sector and the Bank's post Idai rehabilitation and reconstruction project in
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