GIIF supports the national agri insurer in Sri Lanka – the Agricultural and Agrarian Insurance Board (AAIB), to improve the effectiveness of the national agri insurance scheme. The project aims to bring in improvements via innovative products (such as index insurance) as well as efficiencies to the current indemnity based system. This is expected to help address the risks faced by approximately 1 Mn smallholder farmers during climate catastrophe events via an efficient, affordable crop insurance product, thus reducing the impact of catastrophic production losses. Index insurance products are

GIIF is operating in Pakistan as part of the World Bank Group’s Strengthening Markets for Agriculture and Rural Transformation in Punjab (SMART Punjab) Program-for-Results that aims at increasing the productivity of crop and livestock farmers, improving their climate resilience and fostering agribusiness development in Punjab Province of Pakistan. SMART Punjab, supported by a five-year (2018-2023) US$ 300 million loan from IBRD has three main pillars: 1) increase the productivity and incomes of crop and livestock smallholder farmers including women farmers, 2) increase value added in

Background Côte d’Ivoire’s agricultural sector faces risks stemming from climate change which entail high production volatility. This phenomenon is threatening to hamper the country’s development as the agricultural sector contributes to approx. 23% of GDP; employs about two-thirds of the active population and generates around 55% of export earnings. Project Description In 2017, GIIF conducted a feasibility study to evaluate development opportunities for index insurance for producers in four agricultural sectors in Côte d’Ivoire, namely cocoa, cotton, maize, and rice. The study produced a risk