09 WHO WE ARE WHO WE ARE Serving AU member states and farmer groups, we use innovative financing tools to pool climate risks across Africa and transfer them to international markets. This approach strengthens pan-African responses to natural disaster and ultimately contributes to food security. A key focus is to ensure that our portfolio matches the evolving needs of our member states and that we deliver cutting-edge solutions to climate change impacts. With seed capital from the UK Foreign, Commonwealth & Development Office (FCDO) and Germany’s KfW Development Bank via BMZ, our mandate as a Class 2 mutual insurer has a commercial purpose. We remain headquartered in Bermuda until such time that a comparable legal and regulatory environment exists in an AU member state. By taking over the burden on governments and their people of natural disaster risks, ARC Ltd. can assist with a more measured, deliberate response. Through our risk financing instruments, rapid, predictable payouts are triggered for preapproved contingency plans when disasters strike, thereby saving lives and livelihoods. Our donors and partners We deeply appreciate the invaluable support of our donors and partners, who empower our work across Africa and help us build climate resilience in our member states. Their trust and commitment have contributed immensely to our joint mission to make a difference. Working closely together, we have been able to boost national disaster management programmes and expedite emergency funding. Our Replica programme continues to grow due to the generosity of our partners. African Risk Capacity Limited (ARC Ltd.) was launched in 2014 to operate as a unique hybrid mutual insurer and financial arm of the broader African Risk Capacity Group. Our unique mandate from the African Union was to provide insurance and other risk transfer solutions to African countries, and we have pioneered climate resilience across the continent ever since. OUR BIG AUDACIOUS GOAL To cover all 55 African Union countries and the 700 million people whose economic livelihoods and lives are at risk due to climate change. OUR MISSION To promote harmonised resilience solutions for protecting African lives and livelihoods vulnerable to natural disasters caused by climate change and other perils of importance to the continent. OUR VISION To be the development partner of choice, spearheading innovative disaster risk management solutions for climate resilience in Africa.
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