Cat Bonds on the Nile: A Risk-Sharing Approach to the Nile Waters Dispute
[Junius O. Williams is a third-year J.D. candidate at NYU School of Law, where he is an Institute for International Law and Justice (IILJ) Scholar and a Salzburg Lloyd N. Cutler Fellow] On 9 September 2025, Ethiopia inaugurated the Grand Ethiopia Renaissance Dam (“the GERD”), Africa’s largest hydropower project and the culmination of over a decade of planning and construction. At...