Escaping Poverty Traps and Unlocking Prosperity in the Face of Climate Risk - Lessons from Index-Based Livestock Insurance

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.

List of contents

1. Index-based Livestock Insurance to Address Risk-based Poverty Traps; 2. East African Pastoralism: Change and Variability; 3. Index-based Insurance for Pastoralist Regions; 4. Institutional and Implementation History of IBLI; 5. Accurate and Effective Contract Design; 6. Creating and Serving the IBLI Market; 7. Evidence of IBLI Impact, Quality and Uptake of IBLI; 8. Enabling Sustainable Scaling; Epilogue: A New Round of IBLI Scaling Begins.

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. This title is also available as Open Access on Cambridge Core.

Product details

• Authors: Rupsha Banerjee, Christopher B. Barrett, Barrett Christopher B., Hassan Bashir, Bashir Hassan, Michael Carter, Carter Michael, Sommarat Chantarat, Philemon Chelanga, Polly Ericksen, Ericksen Polly, Francesco P. Fava, Munenobu Ikegami, Nathaniel D. Jensen, Felix Lung, Andrew G. Mude, Mude Andrew G., Kazushi Takahashi, Masresha Taye, Anton Vrieling, Brenda Wandera-Gache
• Publisher: Cambridge Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 30.06.2024
• EAN: 9781009558259
• ISBN: 978-1-00-955825-9
• Dimensions: 152 mm x 229 mm x 5 mm
• Weight: 163 g
• Illustrations: Worked examples or Exercises
• Series: Elements in Development Economics
• Subjects: Social sciences, law, business > Business > Economics; Africa, BUSINESS & ECONOMICS / Development / Economic Development, Development economics & emerging economies, Animal Husbandry, Development economics and emerging economies, Drought & Water Supply, Drought and water supply