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WFP progresses food security catastrophe bond plan, to mobilise $100m for drought resilience

  Artemis
The United Nations World Food Programme (WFP) is progressing a plan to become the first to utilise catastrophe bonds for food security financing, in a novel transaction that would see it become the first UN agency to sponsor a cat bond, with a target to source up to $100 million in risk transfer to boost drought resilience in Sub-Saharan Africa.This drought catastrophe bond, dubbed a food security catastrophe bond by,.. Read More

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