Monitor — Fiscal Hydraulics

Fiscal Hydraulics Monitor

Updated 29 Mar 2026

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No. of countries covered by each instrument

CCRIF

ARC

PCRIC

Cat Bond

Cat DDO

SEADRIF

Map key

CCRIF participant country

ARC coverage identified

PCRIC coverage identified

Catastrophe bond in force

World Bank Cat DDO

SEADRIF active policy

+ Cat DDO depth (outlined border)

No instrument identified

Acronyms

CCRIF — Caribbean Catastrophe Risk Insurance Facility

ARC — African Risk Capacity

PCRIC — Pacific Catastrophe Risk Insurance Company

Cat DDO — Catastrophe Deferred Drawdown Option

SEADRIF — Southeast Asia Disaster Risk Insurance Facility

Notes

Shows countries with publicly verifiable current access to pre-arranged crisis finance instruments.

Institutional membership alone is not treated as coverage; countries are shown only where current instrument access is identified.

Catastrophe bonds are shown only where current sovereign cover in force is identified.

Illustrative coverage by facility

GCF

—

GEF

—

Map key

GCF active project

Adaptation Fund active project

GEF active project

GCF + Adaptation Fund

GCF + GEF

Adaptation Fund + GEF

All three facilities

No active climate finance project

Acronyms

GCF — Green Climate Fund

AF — Adaptation Fund

GEF — Global Environment Facility

Notes

Shows countries with publicly identifiable approved or active support in three major multilateral climate funds with broad country-level public data.

Map fills and tooltips are derived from the same facility classification so multi-facility countries render consistently.

This is not an exhaustive view of all climate funds or all climate finance channels.

The Fast and Slow Finance Gap

Countries receiving climate finance but without a pre-arranged crisis instrument lack a fast disbursing mechanism when a shock hits. Countries with a crisis instrument but no climate finance lack external support committed to long-term climate mitigation and adaptation measures that contribute to reducing exposure to shocks and stressors.

Map key

Climate finance + crisis instrument

Climate finance — no crisis instrument

Crisis instrument — no climate finance

Neither identified