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In 2014, the inception year of Africa Risk Capacity (ARC) by Germany and the United Kingdom, 26 million EUR (31.6 million USD) in damages were paid to these countries because of the drought.
A similar project, defended by Angela Merkel for developing countries, has been supported by Munich Re. The German government has allocated 150 million EUR (182 million USD) to set up an insurance model for the states concerned. This concept also draws inspiration from the "Munich Climate Insurance" initiative, born in 2005.