A Global Action Network to make agriculture insurance work better

This two-year project, implemented by the SFU/Impact Insurance Facility (Enterprises), with support from USAID through UC Davis focuses on agriculture insurance and links to these three pillars as follows: Component 1 contributes primarily to pillar 2; Component 2 contributes mainly to pillar 1 and Component 3 contributes to pillar 3. Component 1: By establishing an action network of community of experts (including relevant units of the World Bank, IFAD, WFP, USAID, research institutes and academic institutions) key issues that are either inhibiting or can support the growth of agriculture insurance in developing countries will be isolated and solutions discussed/developed for overcoming challenges, mainstreaming the growth factors, and encouraging innovation. In addition, organising in-country agriculture forums and fairs, will help in coordinating and synergising the activities and outputs of various agriculture programmes which can aid in speeding up the growth of agriculture insurance. Component 2: The project seeks to accelerate the development of insurance markets in three focus countries. Capacity building activities and development of relevant training programmes, which will also help in sharing good practices, will assist in equipping governments and key stakeholders with relevant practices, tools and processes, creating a better regulation and policy environment and having more players with the ability to offer good quality agriculture insurance. Component 3: Lessons learned will be disseminated through a variety of knowledge products and tools that will be produced and shared via different media and channels. This well help in better practitioners outside of the focus countries to access and acquire knowledge and skills which can also lead to better productivity and income opportunities in their respective countries.

Project symbol

GLO/13/39/UCD

Admin unit

SFU

Start date

01/10/2014

End date

30/04/2020

Total allocation

2140012

Total expenditure

Status

Closed

2140012

Development Partners

University of California (UC-Davis)

Country/Countries

Global

Outcomes

Outcome 4: Sustainable enterprises as generators of employment and promoters of innovation and decent work
Outcome 3: Economic, social and environmental transitions for full, productive and freely chosen employment and decent work for all