Scaling up index insurance for smallholder farmers: Recent evidence and insights

cg.contributor.crpClimate Change, Agriculture and Food Security
cg.contributor.crpPolicies, Institutions, and Markets
cg.coverage.countryEthiopia
cg.coverage.countryIndia
cg.coverage.countryKenya
cg.coverage.countryMongolia
cg.coverage.countryRwanda
cg.coverage.countrySenegal
cg.coverage.countryTanzania
cg.coverage.iso3166-alpha2ET
cg.coverage.iso3166-alpha2IN
cg.coverage.iso3166-alpha2KE
cg.coverage.iso3166-alpha2MN
cg.coverage.iso3166-alpha2RW
cg.coverage.iso3166-alpha2SN
cg.coverage.iso3166-alpha2TZ
cg.coverage.regionAfrica
cg.coverage.regionAsia
cg.coverage.regionCentral Asia
cg.coverage.regionEastern Africa
cg.coverage.regionSouthern Asia
cg.coverage.regionWestern Africa
cg.coverage.regionEastern Asia
cg.creator.identifierJames Hansen: 0000-0002-8599-7895
cg.identifier.projectCCAFS: FP2_INAPFS
cg.identifier.projectCCAFS: FP2_IndexInsurance
cg.issn1904-9005
cg.number14
cg.subject.ccafsCLIMATE SERVICES AND SAFETY NETS
cg.subject.ccafsCLIMATE-SMART TECHNOLOGIES AND PRACTICES
cg.subject.ilriRANGELANDS
dc.contributor.authorGreatrex, Helen
dc.contributor.authorHansen, James
dc.contributor.authorGarvin S
dc.contributor.authorDiro, R.
dc.contributor.authorLe Guen M
dc.contributor.authorBlakeley S
dc.contributor.authorRao, Kolli
dc.contributor.authorOsgood, D.
dc.date.accessioned2015-01-23T10:34:21Zen
dc.date.available2015-01-23T10:34:21Zen
dc.identifier.urihttps://hdl.handle.net/10568/53101
dc.titleScaling up index insurance for smallholder farmers: Recent evidence and insightsen
dcterms.abstractThis report explores evidence and insights from five case studies that have made significant recent progress in addressing the challenge of insuring poor smallholder farmers and pastoralists in the developing world. In India, national index insurance programmes have reached over 30 million farmers through a mandatory link with agricultural credit and strong government support. In East Africa (Kenya, Rwanda and Tanzania), the Agriculture and Climate Risk Enterprise (ACRE) has recently scaled to reach nearly 200,000 farmers, bundling index insurance with agricultural credit and farm inputs. ACRE has built on strong partnerships with regional initiatives such as M-PESA mobile banking. In Ethiopia and Senegal, the R4 Rural Resilience Initiative has scaled unsubsidized index insurance to over 20,000 poor smallholder farmers who were previously considered uninsurable, using insurance as an integral part of a comprehensive risk management portfolio. With strong public and private sector support, the Mongolia Index-Based Livestock Insurance Project (IBLIP) insures more than 15,000 nomadic herders and links commercial insurance with a government disaster safety net. Finally, the Index-Based Livestock Insurance (IBLI) project in Kenya and Ethiopia demonstrates innovative approaches to insuring poor nomadic pastoralists in challenging circumstances. A few common features appear to have contributed to recent progress within these case studies: explicitly targeting obstacles to improving farmer income; integration of insurance with other development interventions; giving farmers a voice in the design of products; investing in local capacity; and investing in science-based index development. Evidence from these case studies can inform the ongoing debate about the viability of scaling up index-based insurance for vulnerable smallholder farmers in the developing world. The rapid progress observed in recent years suggests that index insurance has the potential to benefit smallholder farmers at a meaningful scale, and suggests the need to reassess arguments that lack of demand and practical implementation challenges prevent index-based insurance from being a useful tool to reduce rural poverty.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationGreatrex H, Hansen J, Garvin S, Diro R, Blakeley S, Le Guen M, Rao K, Osgood D. 2015. Scaling up index insurance for smallholder farmers: Recent evidence and insights. CCAFS Report No. 14. Copenhagen, Denmark: CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS).en
dcterms.isPartOfCCAFS Reporten
dcterms.issued2015-01
dcterms.languageen
dcterms.publisherCGIAR Research Program on Climate Change, Agriculture and Food Security
dcterms.subjectclimateen
dcterms.subjectagricultureen
dcterms.subjectinsuranceen
dcterms.subjectsmallholdersen
dcterms.subjectagricultural insuranceen
dcterms.subjectlivestock insuranceen
dcterms.typeReport

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