{"id":50530,"date":"2012-11-22T15:00:03","date_gmt":"2012-11-22T15:00:03","guid":{"rendered":"http:\/\/www.sierraexpressmedia.com\/?p=50530"},"modified":"2012-11-22T15:00:03","modified_gmt":"2012-11-22T15:00:03","slug":"au-member-states-to-establish-the-continents-newest-financial-entity-to-manage-climate-risk","status":"publish","type":"post","link":"https:\/\/sierraexpressmedia.net\/?p=50530","title":{"rendered":"AU member states to establish the continent\u2019s newest financial entity to manage climate risk"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>21 November 2012, Addis Ababa <\/strong>\u2013 Mandated by African Union (AU) Heads of State in July 2012, delegates from 41 countries across the continent will convene on Friday at DIRCO\u2019s O.R. Tambo building to sign the African Risk Capacity (ARC) Establishment Agreement.<\/p>\n<p style=\"text-align: justify;\">The ARC is a groundbreaking extreme weather insurance scheme designed to help African Union member states resist and recover from the ravages of natural disasters.\u00a0 This African-owned, AU-led financial entity will use advanced satellite weather surveillance and software \u2013 developed by the UN World Food Programme (WFP) \u2013 to estimate and disburseimmediate funds to African countries hit by severe weather events.\u00a0 More relevant than ever in light of the lingering effects of the drought in the Horn of Africa last year and the ongoing crisis in the Sahel, this pioneering new mechanism will decrease Africa\u2019s reliance on external aid.<\/p>\n<p><em>AU Commission<\/em><\/p>\n<p><strong><em>Stay with Sierra Express Media, for your trusted place in news!<\/em><\/strong><\/p>\n<div align=\"center\">\n<hr align=\"center\" size=\"2\" width=\"100%\" \/>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>21 November 2012, Addis Ababa \u2013 Mandated by African Union (AU) Heads of State in July 2012, delegates from 41 countries across the continent will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12807,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[751,1],"tags":[14170],"class_list":["post-50530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-news","category-uncategorized","tag-african-risk-capacity"],"_links":{"self":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts\/50530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50530"}],"version-history":[{"count":0,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts\/50530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/media\/12807"}],"wp:attachment":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}