TIME has named African Danger Capability Restricted (ARC Ltd.) CEO Lesley Ndlovu on its 2024 TIME100 Local weather Record, recognising him as one of many 100 most influential local weather leaders in enterprise.
Lesley was chosen for his management of the modern hybrid mutual insurer and monetary affiliate of the ARC Group, which has been pioneering parametric insurance coverage in Africa to construct local weather resilience.
Over the previous decade, amid escalating climate-driven disasters throughout Africa, ARC Ltd. has disbursed $230 million in claims payouts to member states and supplied protection to 50 million individuals.
Below Ndlovu’s management, ARC Ltd. has expanded its community of members, donors and companions, rising entry to reasonably priced insurance coverage throughout the continent and lengthening safety to marginalised communities, comparable to refugees, for the primary time.
In keeping with TIME, the choice course of was influenced by the outstanding 2024 theme of local weather finance and a deal with candidates demonstrating measurable, scalable achievements and up to date motion. Ndlovu was recognised within the ‘Defenders’ class, highlighting his management in defending weak African communities from local weather dangers.
His membership on the Board of Administrators of the UN Rules for Sustainable Insurance coverage and his involvement with the Glasgow Monetary Alliance for Internet Zero additional displays his dedication to sustainable practices and addressing local weather change.
Says Ndlovu: “It’s an honour to be included within the prestigious TIME100 Local weather listing of changemakers. This recognition underscores the crucial position of modern monetary options, like parametric insurance coverage, in defending lives and livelihoods from the escalating impacts of local weather change. We stay dedicated to constructing local weather resilience, and our objective is to develop protection to all 55 African Union States by 2034.”
See Lesley Ndlovu’s #TIME100Climate listing profile right here: https://time.com/7172504/lesley-ndlovu/
For the total listing click on right here: https://time.com/time100-climate