Coming soon Escaping Poverty Traps and Unlocking Prosperity in the Face of Climate Risk
Lessons from Index-Based Livestock Insurance
Expected online publication date:
27 June 2024
- Nathaniel D. Jensen
- Affiliation:
University of Edinburgh
- Francesco P. Fava
- Affiliation:
Università degli Studi di Milano
- Andrew G. Mude
- Affiliation:
African Development Bank
- Christopher B. Barrett
- Affiliation:
Cornell University
- Brenda Wandera-Gache
- Affiliation:
African Management Institute
- Anton Vrieling
- Affiliation:
University of Twente
- Masresha Taye
- Affiliation:
Institute of Development Studies, University of Sussex
- Kazushi Takahashi
- Affiliation:
National Graduate Institute for Policy Studies
- Felix Lung
- Affiliation:
World Bank
- Munenobu Ikegami
- Affiliation:
Hosei University
- Polly Ericksen
- Affiliation:
University of Vermont
- Philemon Chelanga
- Affiliation:
Agency for Inclusive Innovations Development
- Sommarat Chantarat
- Affiliation:
Puey Ungphakorn Institute for Economic Research, Bank of Thailand
- Michael Carter
- Affiliation:
University of California, Davis
- Hassan Bashir
- Affiliation:
Agency for Inclusive Innovations Development
- Rupsha Banerjee
- Affiliation:
International Livestock Research Institute
Summary
This Element outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management products and policies across Africa. General insights are provided on i) the economics of poverty, risk management, and drylands development; ii) the evolving use of modern remote sensing and data science tools in development; iii) the science of scaling; and iv) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of the world's poorest regions. This title is also available as Open Access on Cambridge Core.