Today, our member governments continue to grapple with both domestic and external challenges. From as early as the first quarter in January 2020, the Board and Management Team of CCRIF began to strategize and create scenarios on the possible impacts of the pandemic. This allowed us to quickly pivot and agree on our approach to support our member governments. We also began engaging with our development partners to determine how they too would help us to support our member governments. We remained cognizant of the multi-hazard environment in which we exist, and which would be further impacted by the pandemic. We are pleased that we did not for a minute pause and were able to secure funding in excess of US$30 million to support our member governments with their premiums for policy years 2020/21 and 2021/22 or to opt for purchasing increased coverage given the uncertainties that are associated with the changing climate.