36 REP L I CA PARNTER I NTERV I EW: WFP Leveraging parametric insurance to unlock humanitarian aid The Replica Programme is a game-changer in bridging the gap between much-needed humanitarian aid and the constrained fiscal space of African governments. It allows humanitarian organisations to expand the coverage of vulnerable communities by replicating policies already taken out by governments. This approach unlocks prearranged financing in the event of a disaster, allowing for an early and predictable response. The WFP has been an ARC Replica partner since 2018 and currently has Replica insurance policies active in 9 African countries – Burkina Faso, Madagascar, Mali, Mauritania, Mozambique, Sudan, The Gambia, Zambia and Zimbabwe. The organisation is supported by a strong network of donors, whose contributions allow it to pay the premiums for the replicated policies, namely USAID, Global Affairs Canada, Norway, KfW through the Premium Support Facility managed by ARC Ltd., and BMZ and FCDO through the Global Shield Financing Facility, managed by the World Bank. “Our partnership with ARC Limited began as a straightforward Replica commitment, but fairly quickly, it evolved to more engagement, such as on our microinsurance activities and putting forward ideas on the technical side,” explains Mathieu Dubreuil, lead advisor for CDRFI in the WFP’s Climate and Resilience Service. “This was an important shift, and we are now working with ARC Limited in most of our countries in Africa.” Countries where WFP has purchased ARC Replica insurance policies THE ARC REPLICA INITIATIVE MAURITANIA SUDAN MOZAMBIQUE MADAGASCAR ZIMBABWE ZAMBIA THE GAMBIA BURKINA FASO MALI REPLICA PARTNER INTERVIEW: WFP Emily Jones Macro Insurance Programmes Lead in the Climate and Resilience Service Mathieu Dubreuil Lead Advisor for climate and disaster risk financing and insurance (CDRFI)
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