Policymakers, development actors and representatives of government and the private sector met on 10 July 2018 in Ethiopia for a policy dialogue that delivered a clear roadmap for the scale of index-based livestock insurance in the country.
“Developing the insurance product was the easy part. The tweaking, monitoring, and adapting – that has been much more complicated.” This, in essence, was what Cornell development economist Christopher Barrett informed us as we began discussing our upcoming Kenya research trip with him. He was right. Since the International Livestock Research Institute (ILRI) formulated Index-Based …
Originally posted on ILRI news:
More than 2,250 pastoralists received insurance payouts following the extremely poor rains this year in southern Ethiopia. More than 2,250 pastoralists received insurance payouts following the extremely poor rains this year in southern Ethiopia. Low levels of rainfall have led to the loss of approximately 300,000 livestock in 2017 in…
Are you interested in knowing just how Index Based Livestock Insurance works? Lessons on IBLI and the Asset Protection Contract are now just a click away! You can easily access your IBLI lessons from ILRI’s e-Learning portal http://learning.ilri.org/. The IBLI e-Learning course was launched on the 22nd of March 2016 at the International Livestock Research …
Read the latest post in the Economics That Really Matters blog that details the findings of a paper written by Index-Based Livestock Insurance (IBLI) Project researchers, which examines and identifies the constraints that hinder the demand of index insurance in southern Ethiopia.
The government of Ethiopia is set to introduce weather index based crop insurance aiming to rescue smallholder farmers from unpredictable weather that damages their crops.
Despite numerous training programs delivered by governmental and non-government organizations in the arid and semi-arid land areas of Kenya and Ethiopia, little research has focused what forms of training are most effective and with which audiences. It is generally believed that mobile learning will be an effective pedagogic tool, given the high levels of mobile phone penetration in Kenya and the need to reinforce knowledge classroom-acquired knowledge through repetition over time.
Index-Based Livestock Insurance (IBLI) is the world’s first index-based insurance designed to protect vulnerable pastoralists in drought-stricken areas from losing their primary asset—livestock. First developed by the International Livestock Research Institute (ILRI) to insure pastoralists in Kenya and Ethiopia, this specialized insurance product has had a considerable impact on the asset base and consumption activities of its intended beneficiaries—nomadic populations living in an expansive area.
Through the IBLI Case Study, we hope to make your students to think critically and creatively about extending financial services to the last frontier of the developing world.
IBLI is highlighted this week in Ethiopia’s weekly, English Newspaper Addis Fortune. It describes Oromia Insurance Company (OIC)’s efforts to insure livestock in the country through the index-based insurance scheme which compensates pastoralists for forage scarcity in order to keep their animals alive in times of severe drought.