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De-Risking, Inclusion, and Value Enhancement of Pastoral Economies in the Horn Of Africa (DRIVE): Assessment of suitability of financial protection schemes in the Horn of Africa

Published by:
Online Location
https://cgspace.cgiar.org/bitstream/handle/10568/121927/PastoralSurveyReport.pdf?sequence=1&isAllowed=y
Publication date
01/09/2022
Language:
English
Region
Sub-Saharan Africa
Type of Publication:
Studies
Focus Region:
Sub-Saharan Africa
Focus Topic:
Livestock&Dairy
Author
ILRI, CGIAR, World Bank
Organization
International Livestock Research Institute

Climate shocks are increasingly threatening livelihoods of pastoralists in the horn of Africa. Increasing access to financial services and improving the functioning of value chains can help in addressing climate shocks, reducing vulnerability, and strengthening the resilience of livelihoods. This study was conducted in Kenya, Somalia, and Ethiopia and sought to: (1) identify groups that are sufficiently structured around productive activities and could be supported under the project with insurance, financial services, and other services to fully participate in the livestock value chain; (2) understand the social and economic characteristics of the project’s beneficiaries; (3) assess the suite of financial services for which there is demand and could form an affordable financial protection and resilience scheme; (4) assess the modes of delivery of financial services that meet the needs of the project’s intended beneficiaries. This report presents and discusses the study findings