Building Resilience and Adaptation to Climate Extremes and Disasters (BRACED) Programme - Stimulation of market based mechanisms to build the resilience of 339,140 climate vulnerable people in Ethiopia.

BRACED will test innovative market-based approaches to improve the resilience of economic, ecological and social systems in the Ethiopian lowlands. These approaches will open opportunities for vulnerable pastoral/agro-pastoral households, businesses and communities in rural and periurban areas to better manage risk and resources, and successfully transform their livelihoods should they choose to. BRACED will leverage and engage private investors in addressing climate risks, modelling approaches for environmentally and socially responsible investment. It will promote inclusive financial models and economic opportunities adaptable to climate extremes, and stimulate appropriate diversification of economic activity among the most vulnerable, through public and private-sector partnerships.