In June 2026, Senegal’s Ministère de l’ Economie, des Finances et du Plan (MEFP), convened a workshop at the WBG office in Dakar to validate the Implementation Plan (Plan de Mise en Œuvre, PMO) for its National Strategy for Financing Climate and Disaster Risks (Stratégie nationale de Financement des Risques climatiques et de Catastrophes, SNFRC) 2026–2030. The workshop brought together the national institutions engaged in climate and disaster risk financing, alongside technical and financial partners supporting the agenda.

Adopted in January 2026 to strengthen Senegal's financial resilience to climate shocks, the SNFRC sets out a vision and 17 priority actions across five strategic axes — from improving risk knowledge to strengthening the resilience of households, small businesses, and the agricultural sector. The Implementation Plan translates this vision into an operational roadmap, identifying for each priority action the lead institution, the time horizon, and the financing status, and establishing a mechanism for monitoring progress under the Comité de Pilotage sur la Finance Durable (CoPil-FD).

A country-led process

The workshop was chaired by the MEFP, with the Cellule des Études et de la Planification (CEP) serving as technical secretariat. Discussions focused on validating the roadmap, confirming the governance and monitoring arrangements, and agreeing on the next steps for implementation. Participating institutions reviewed the priority actions and confirmed their respective responsibilities and contributions.

Advancing two priority workstreams

Beyond validating the plan, the workshop opened substantive discussions on two priority areas identified in the strategy:

• A disaster response fund. Participants considered options for rationalizing budgetary instruments to enable a more predictable, rapid, and efficient response to disasters, drawing on a study of design options delivered by the Centre for Disaster Protection and commissioned by the MEFP and the Global Shield Solutions Platform. Discussion focused on key considerations for the design of the fund, including legal form, governance, capitalization, and articulation with existing instruments.

• Public asset insurance. Building on Senegal's commitment under the SNFRC, participants discussed approaches to protecting public assets against flood risk, the questions specific to the Senegalese context, and the analytical work required to advance this agenda.

   

Key takeaways

• A country-owned roadmap. The Implementation Plan provides a shared reference for coordinating the contributions of government institutions and partners toward the strategy's objectives.
• Coordination is central. A clear governance and monitoring mechanism, anchored in the CoPil-FD and supported by the CEP, will be important for sustaining momentum across institutions.

• The work begins now. With the plan validated, attention turns to implementation, including the two priority workstreams on disaster response financing and public asset insurance.

   

The Government of Senegal is supported on this agenda by the World Bank and the GSFF, working in close collaboration with the Global Shield, the Global Shield Solutions Platform (GSSP), and the Centre for Disaster Protection as technical partners.