Africa Forum Launched Disaster Risk Finance Group
The newly formed Community of Practice aims to bolster disaster resilience across the African continent.
Updated on Sept. 23, 2026 in Safety
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Participating governments at the CDRFI Africa Forum in Nairobi have established a new Community of Practice on Climate and Disaster Risk Finance and Insurance. This initiative focuses on translating regional commitments into practical, peer-to-peer technical cooperation.
Why it matters
The collaboration is designed to provide nations with the financial protection necessary to safeguard public assets and critical infrastructure from climate-related disasters. It facilitates a platform for countries to share institutional capacity and tested national risk financing strategies.
The initiative follows the 8th Annual East Africa Insurance Regulators and ZEP-RE Strategic Forum. The scope of the newly formed Community of Practice covers regional disaster risk financing strategies, though full implementation timelines are currently pending.
The players
ZEP-RE
This pan-African reinsurer serves as a specialized institution of COMESA and acts as a central technical partner for regional insurance initiatives.
CDRFI Africa Forum
This event serves as a high-level meeting platform focused on climate and disaster risk finance and insurance across African nations.
The details
The Community of Practice serves as a formal venue for member governments to exchange technical experience and build institutional capacity through voluntary participation. During the event, stakeholders tasked ZEP-RE with designing a thematic risk pool specifically aimed at shielding public infrastructure from climate disasters.
Timeline
The two-day CDRFI Africa Forum took place in September 2026.
Seasonal Patterns
The launch of the Community of Practice marks an evolution of the Zanzibar Declaration, transitioning from diplomatic policy to actionable institutional frameworks. This development aligns with the established trajectory of climate-responsive financial reforms within the region.
This development initiates a new framework for governments to secure infrastructure against extreme weather risks. Member nations will begin coordinating shared strategies to reduce the long-term economic impact of climate disasters on public assets.
The takeaway
This initiative represents a shift toward collective regional insurance models to handle increasing climate volatility. Governments are now prioritizing collaborative risk pooling as a standard defense mechanism against environmental threats.
Further reading
For more on international protocols and risk management, visit the Safety section.
Live Poll
Should governments prioritize pre-arranged financial protection to safeguard public infrastructure against climate disasters?
