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Integrated Weather Risk Management for Sustained Growth in Burkina Faso

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Publication date
30/01/2008
Number of Pages
4
Language:
English
Type of Publication:
Working Papers & Briefs
Focus Region:
Sub-Saharan Africa
Focus Topic:
Agricultural Value Chains / Agri-Businesses
Type of Risk:
Weather & Climate related
Type of Risk Managment Option:
Risk transfer
Commodity:
Crops
Livestock
Author
Global Facility for Disaster Reduction and Recovery (GFDRR)
Organization
The World Bank

This is an activity overview for GFDRR operations in Burkina Faso on Integrated Weather Risk Management for Sustained Growth. Burkina Faso’s economy has been dominated by cotton production, on which 2.5 million people depend for their livelihood. However, cotton yields decreased in 2006/2007 due to insufficient and unpredictable rainfalls, severely affecting the poor. This proposal suggests the development of new emergency relief systems in Burkina Faso by building on recent innovations in resource mobilization, and, to the extent possible, by shifting away from ex-post disaster relief to ex-ante risk management as the modus operandi for response to emergencies. The proposed work will provide analytical grounds for the forthcoming Country Economic Memorandum on shared growth scheduled for December 2008 as well as the CAS, with the objective of mainstreaming disaster reduction in the country’s poverty reduction strategy while providing Government with the required tools to deal with weather risks hedging.