Current developments
Through the Stocktake and Gap Analysis – download full report here – key financial protection gaps such as the absence of an operational national disaster response fund, the lack of sovereign risk transfer instruments, low MSME and agricultural insurance coverage, data systems, modelling and analytical capacity gaps, and market gaps, among others, were identified.
Based on these gaps, stakeholders collaboratively discussed priority interventions for strengthening financial resilience in Rwanda, which are outlined in the Request for Support (RfS). The RfS formally seeks financial and technical assistance from the Global Shield against Climate Risks and its strategic partners to implement targeted solutions that enhance Rwanda’s disaster preparedness and response capabilities.