Partner Organizations: Donors to the International Livestock Research Institute (ILRI), the World Bank through the Kenyan government, livestock keepers, private insurance companies, ILRI, and the Kenyan and Ethiopian governments.
Country of Operation: Kenya and Ethiopia
Adaptation Sector Thematic Area: Disaster Risk Management
Summary: De-risking investments in livestock value chains is possible through provision of index-based livestock insurance. Pastoralists can build resilience against droughts by insuring their livestock, and other services can be bundled together with the insurance to help improve herd health, offer additional financial services and provide climate information services. Index based Livestock Insurance (IBLI), for which standard premiums and payouts are determined within defined geographic insurance units, relies on Normalized Different Vegetation Index (NDVI) satellite imagery, a proxy for available biomass, to make payments to those policyholders living in regions that are affected by poor forage availability compared to the average conditions. Compensation is provided early in the season to minimize livestock losses by supporting drought coping strategies.
No resources found for Disaster Risk Management.
No resources found for Disaster Risk Management.
No resources found for Disaster Risk Management.