Somalia

Initiate process

Stocktake

Gap analysis

Request for Support

Tailoring support

Implementation

Summary

3

Dashboard

3

Partner

3

Details

3

Publications

3

Summary

The Global Shield In-Country Process (ICP) in Somalia is led by the Ministry of Finance with technical support from the World Bank. Following a kick-off workshop in September 2025 and a series of multi-stakeholder consultations, Somalia completed and published its Stocktake and Gap Analysis and submitted its Request for Support (RfS) to the Global Shield in May 2026. The RfS outlines priority interventions to strengthen climate and disaster risk financing and insurance (CDRFI) and enhance financial protection against climate and disaster shocks.

Country facts

Somalia is located in East Africa and has a population of over 19 million people. It has the longest coastline in mainland Africa and agriculture remains the backbone of its economy.

Climate risks

Somalia experiences frequent and severe floods, droughts and coastal erosion. In 2023, the country faced the worst drought and catastrophic floods in the last 40 years, which led to disruption in agriculture, livestock and displacement of people.

In-Country Process

Somalia has finalised its Stocktake and Gap Analysis report, and submitted its Request for Support in May 2026.

Global & local partners

Saleiman S. Umar

Director General, Ministry of Finance

Mohamed Qamar

Economist, Ministry of Finance

Kick-off of In-Country Process

The Global Shield In-Country Process in Somalia is led by the Ministry of Finance and supported by the World Bank. The ICP, initiated in 2024, is building upon a solid foundation laid through the recently published DRF diagnostic and National Transformation Plan. In 2025, the in-depth analytical process began in earnest, with the first in-country workshop taking place in Mogadishu in September.

Workshops & consultations

The Somalia ICP involved consultations with key government institutions, development partners, civil society organisations, private sector representatives, and other relevant stakeholders. A national validation workshop held in September 2025 provided an opportunity to review and validate the preliminary findings of the Stocktake and Gap Analysis and identify priority areas for strengthening CDRFI.

The consultations informed the development of Somalia’s RfS, which was submitted to the Global Shield in May 2026. The process helped build a shared understanding of key financial protection gaps and priority interventions to strengthen risk analytics, early warning systems, shock-responsive social protection, and inclusive financial protection solutions.

Current developments

The Stocktake and Gap Analysis – download full report here – identified critical gaps in Somalia’s climate and disaster risk financing ecosystem, including limited risk analytics and early warning capabilities, weak linkages between risk information and disaster response systems, low levels of financial protection, and a continued reliance on humanitarian assistance following climate and disaster shocks.

Building on these findings, Somalia submitted its Request for Support to the Global Shield in May 2026. The RfS seeks financial and technical support to strengthen risk analytics and early warning systems, expand shock-responsive social protection and anticipatory action, and develop inclusive financial protection solutions, including Takaful, to better protect vulnerable households, livelihoods, and businesses from climate and disaster risks.