Catastrophes

In Malawi, Dzaleka—the nation’s sole refugee settlement—has begun to receive financial support to alleviate the repercussions of the El Niño weather phenomenon. Thanks to the collaborative efforts of KfW Development Bank and the African Risk Capacity Group, these insurance payouts total nearly U.S.$408,000. This initiative came to fruition after the UN refugee agency in Malawi utilized the group’s innovative Replica program. Essentially, this program allows humanitarian organizations to secure insurance on behalf of…