Escaping poverty traps and unlocking prosperity in the face of climate risk: Lessons from Index-Based Livestock Insurance

Nathaniel D. Jensen; Francesco P. Fava; Andrew G. Mude; Christopher B. Barrett; Brenda Wandera-Gache; A. Vrieling; Masresha Taye; Kazushi Takahashi; Felix Lung; Munenobu Ikegami; Polly Ericksen; Philemon Chelanga; Sommarat Chantarat; Michael Carter; Hassan Bashir; Rupsha Banerjee

doi:10.1017/9781009558280

Escaping poverty traps and unlocking prosperity in the face of climate risk: Lessons from Index-Based Livestock Insurance

Nathaniel D. Jensen^*, Francesco P. Fava, Andrew G. Mude, Christopher B. Barrett, Brenda Wandera-Gache, A. Vrieling, Masresha Taye, Kazushi Takahashi, Felix Lung, Munenobu Ikegami, Polly Ericksen, Philemon Chelanga, Sommarat Chantarat, Michael Carter, Hassan Bashir, Rupsha Banerjee

^*Corresponding author for this work

Research output: Book/Report › Book › Academic

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Abstract

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 (1) the economics of poverty, risk management, and drylands development; (2) the evolving use of modern remote sensing and data science tools in development; (3) the science of scaling; and (4) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of the
world’s poorest regions.

Original language	English
Publisher	Cambridge University Press
Number of pages	79
ISBN (Electronic)	2755-1601
ISBN (Print)	978-1-009-55824-2, 978-1-009-55825-9
DOIs	https://doi.org/10.1017/9781009558280
Publication status	Published - 15 Jun 2024

Publication series

Name	Elements in Development Economics
Publisher	UNU-WIDER and University of Manchester

Keywords

drought
index insurance
pastoralism
Africa
research for development

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Jensen, N. D., Fava, F. P., Mude, A. G., Barrett, C. B., Wandera-Gache, B., Vrieling, A., Taye, M., Takahashi, K., Lung, F., Ikegami, M., Ericksen, P., Chelanga, P., Chantarat, S., Carter, M., Bashir, H., & Banerjee, R. (2024). Escaping poverty traps and unlocking prosperity in the face of climate risk: Lessons from Index-Based Livestock Insurance. (Elements in Development Economics). Cambridge University Press. https://doi.org/10.1017/9781009558280

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abstract = "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 (1) the economics of poverty, risk management, and drylands development; (2) the evolving use of modern remote sensing and data science tools in development; (3) the science of scaling; and (4) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of theworld{\textquoteright}s poorest regions.",

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doi = "10.1017/9781009558280",

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Jensen, ND, Fava, FP, Mude, AG, Barrett, CB, Wandera-Gache, B, Vrieling, A, Taye, M, Takahashi, K, Lung, F, Ikegami, M, Ericksen, P, Chelanga, P, Chantarat, S, Carter, M, Bashir, H & Banerjee, R 2024, Escaping poverty traps and unlocking prosperity in the face of climate risk: Lessons from Index-Based Livestock Insurance. Elements in Development Economics, Cambridge University Press. https://doi.org/10.1017/9781009558280

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AU - Barrett, Christopher B.

AU - Wandera-Gache, Brenda

AU - Vrieling, A.

AU - Taye, Masresha

AU - Takahashi, Kazushi

AU - Lung, Felix

AU - Ikegami, Munenobu

AU - Ericksen, Polly

AU - Chelanga, Philemon

AU - Chantarat, Sommarat

AU - Carter, Michael

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KW - pastoralism

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Escaping poverty traps and unlocking prosperity in the face of climate risk: Lessons from Index-Based Livestock Insurance

Abstract

Publication series

Keywords

UN SDGs

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