African Risk Capacity Country Engagement Consultant Jobs in SouthAfrica

The African Risk Capacity (ARC) is a Specialized Agency of the African Union (AU) designed to improve current responses by AU Member States to drought-induced food security emergencies.

The aim of ARC is to improve the timeliness of responses and build capacity within AU Member States to manage drought risks by directly linking funds to defined contingency plans.

ARC is an African, continental index-based weather risk insurance pool and early response mechanism, which offers an African solution to one of the continent's most pressing challenges.

By bringing together the concepts of insurance and contingency planning, ARC aims to create a new way of managing weather risk by transferring the burden away from African governments and the vulnerable population relying on government assistance to international markets that can handle the risk much better.

ARC also aims to incentivize governments to plan for and implement best-practice response mechanisms for food security emergencies in a timely manner.

ARC’s mission is to serve African governments and their communities in reducing the financial impact of natural catastrophes by providing immediate liquidity through the provision of insurance issued by the ARC Ltd.

Responsibilities