Using a systems approach for drought risk financing solutions in Senegal

The index-based livestock insurance (IBLI), since the time it was launched in 2010 in the arid and semi-arid lands of Kenya and Ethiopia, has evolved into drought risk financing solutions (DRFS). This evolution is characterized by development from a micro product implemented, as potential social pro...

Full description

Bibliographic Details
Main Authors: Banerjee, Rupsha R., Chan, Derek, Houessionon, Prosper, Paliwal, Ambica, Alulu, Vincent, Galgalo, Diba, Shikuku, Kelvin Mashisia, Ouédraogo, Issa
Format: Brief
Language:Inglés
Published: International Livestock Research Institute 2022
Subjects:
Online Access:https://hdl.handle.net/10568/126947
_version_ 1855538635662688256
author Banerjee, Rupsha R.
Chan, Derek
Houessionon, Prosper
Paliwal, Ambica
Alulu, Vincent
Galgalo, Diba
Shikuku, Kelvin Mashisia
Ouédraogo, Issa
author_browse Alulu, Vincent
Banerjee, Rupsha R.
Chan, Derek
Galgalo, Diba
Houessionon, Prosper
Ouédraogo, Issa
Paliwal, Ambica
Shikuku, Kelvin Mashisia
author_facet Banerjee, Rupsha R.
Chan, Derek
Houessionon, Prosper
Paliwal, Ambica
Alulu, Vincent
Galgalo, Diba
Shikuku, Kelvin Mashisia
Ouédraogo, Issa
author_sort Banerjee, Rupsha R.
collection Repository of Agricultural Research Outputs (CGSpace)
description The index-based livestock insurance (IBLI), since the time it was launched in 2010 in the arid and semi-arid lands of Kenya and Ethiopia, has evolved into drought risk financing solutions (DRFS). This evolution is characterized by development from a micro product implemented, as potential social protection tools, to a regional level de-risking instrument for pastoralists in the Horn of Africa. There have also been demands for DRFS to rise to several other challenges such as conflict, access to health and market services (feed, fodder) that are being faced in the drylands of Africa. The rapidly changing contexts and the associated challenges mean that the introduction of DRFS requires careful assessment to ensure the necessary pre-conditions are in place for optimal positive impact. Assessment would have to consider incentivizing the private sector from the beginning for investment in these areas, management of natural resources, better access to services (financial and non-financial), gender inclusion and social equity. Such an approach is important for developing resilience not just against challenges related to climate change but the ever-changing dynamics in these complex environments.
format Brief
id CGSpace126947
institution CGIAR Consortium
language Inglés
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher International Livestock Research Institute
publisherStr International Livestock Research Institute
record_format dspace
spelling CGSpace1269472024-11-07T09:45:56Z Using a systems approach for drought risk financing solutions in Senegal Banerjee, Rupsha R. Chan, Derek Houessionon, Prosper Paliwal, Ambica Alulu, Vincent Galgalo, Diba Shikuku, Kelvin Mashisia Ouédraogo, Issa climate change livestock insurance climate variability drought insurance The index-based livestock insurance (IBLI), since the time it was launched in 2010 in the arid and semi-arid lands of Kenya and Ethiopia, has evolved into drought risk financing solutions (DRFS). This evolution is characterized by development from a micro product implemented, as potential social protection tools, to a regional level de-risking instrument for pastoralists in the Horn of Africa. There have also been demands for DRFS to rise to several other challenges such as conflict, access to health and market services (feed, fodder) that are being faced in the drylands of Africa. The rapidly changing contexts and the associated challenges mean that the introduction of DRFS requires careful assessment to ensure the necessary pre-conditions are in place for optimal positive impact. Assessment would have to consider incentivizing the private sector from the beginning for investment in these areas, management of natural resources, better access to services (financial and non-financial), gender inclusion and social equity. Such an approach is important for developing resilience not just against challenges related to climate change but the ever-changing dynamics in these complex environments. 2022-12-30 2023-01-12T11:31:04Z 2023-01-12T11:31:04Z Brief https://hdl.handle.net/10568/126947 en Open Access application/pdf International Livestock Research Institute Banerjee, R.R., Chan, D., Houessionon, P., Paliwal, A., Alulu, V., Galgalo, D., Shikuku, K.M. and Ouedraogo, I. 2022. Using a systems approach for drought risk financing solutions in Senegal. ILRI Research Brief 121. Nairobi, Kenya: ILRI.
spellingShingle climate change
livestock insurance
climate variability
drought
insurance
Banerjee, Rupsha R.
Chan, Derek
Houessionon, Prosper
Paliwal, Ambica
Alulu, Vincent
Galgalo, Diba
Shikuku, Kelvin Mashisia
Ouédraogo, Issa
Using a systems approach for drought risk financing solutions in Senegal
title Using a systems approach for drought risk financing solutions in Senegal
title_full Using a systems approach for drought risk financing solutions in Senegal
title_fullStr Using a systems approach for drought risk financing solutions in Senegal
title_full_unstemmed Using a systems approach for drought risk financing solutions in Senegal
title_short Using a systems approach for drought risk financing solutions in Senegal
title_sort using a systems approach for drought risk financing solutions in senegal
topic climate change
livestock insurance
climate variability
drought
insurance
url https://hdl.handle.net/10568/126947
work_keys_str_mv AT banerjeerupshar usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT chanderek usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT houessiononprosper usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT paliwalambica usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT aluluvincent usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT galgalodiba usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT shikukukelvinmashisia usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal
AT ouedraogoissa usingasystemsapproachfordroughtriskfinancingsolutionsinsenegal