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Senegal: Innovation and Technology

Date: 
June/2019
Author: 
GIZ, MCII
Language: 
English
Topics: 
Innovation & Technology
The high transaction costs of serving low-income clients in developing and emerging market economies demand innovative and technological advancements. Challenges that inflate operational costs include data collection, processing and management, premium payment mechanisms as well as claims verification and settlement. Index insurance products, mobile payment devices or more accurate weather and agricultural-yield information based on satellite data are examples of innovative approaches that can help to overcome these challenges.
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13
May

Blog: Insuring agricultural entrepreneurs: What to expect?!

by
Vijayasekar Kalavakonda, Tenin Fatimata Dicko, and Pavis Devahasadin
The agricultural sector depends highly on nature, making it constantly exposed to exacerbating climate and disaster risks. To mitigate the problem, agriculture insurance and index insurance are regarded as valuable risk-management instruments because they allow farmers to continue to have access to finance and to build resilience against future risks. Having agriculture insurance is especially relevant in regions like Sub-Saharan Africa and Asia where 450 million smallholder farmers feed up to 80 percent of the developing world, according to the World Food Program . While insurance companies...
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Syngenta Foundation International Conference 2018

Thu, 01/17/2019
GIIF Program Manager Fatou Assah (far left) moderated a session at the Syngenta Foundation for Sustainable Agriculture International Conference on September 18, 2018, in Basel. The panel session "The Provider Perspective," discussants, including ACRE Africa's Rahab Kariuki, dove into detail on how many parts need to be moving in sync to deliver integrated solutions. | Key takeaways from the conference.
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Unlocking the Potential of Farm Insurance and Finance

Unlocking the Potential of Farm Insurance and Finance

Content owner: 
Syngenta Foundation for Sustainable Agriculture
Last year, GIIF Program Manager Fatou Assah attended the Syngenta Foundation for Sustainable Agriculture's International Conference 2018 in Basel. In this interview, she talks about the roles of the public and private sector that need to move in sync to deliver integrated solutions to protect smallholder farmers from disaster risks. To view more videos from this series please click here .
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PPPs in the Distribution of Agricultural Insurance Discussed at 14th International Microinsurance Conference

Tue, 11/27/2018
World Bank Group's Financial Sector Specialist Sharon Onyango (far left) moderated a session at the 14th International Microinsurance Conference on November 7 in Lusaka. The panel session “ PPPs in the distribution of agricultural insurance ” included discussants from both the public and private sectors, and dove into lessons learned from various PPPs from around the world and high-level considerations for setting up successful partnerships. The panelists were: Hailemelekot Teklegiorgis, Manager-in-charge - Financial Services, Ethiopian Agriculture Transformation Agency Humphrey Mulele,...
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18
Sep

Syngenta Foundation for Sustainable Agriculture International Conference

Topics: 
General
Year: 
2018
How would you describe the international landscape of initiatives to help smallholders manage their risks? How is the emerging market structured and who are the innovators? What have they learned so far, current constraints and future opportunities? What insurance, financing, and other risk mitigation products and services are already available? Which gaps need to be filled, and how? These and related questions are the subjects of a global study by the Initiative for Smallholder Finance (ISF). Commissioned by the Syngenta Foundation, the study began in March. Its results will form a...
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FoodSECuRE – Food Security Climate Resilience Facility

Date: 
July/2018
Language: 
English
The core objective of the project is to financially and programmatically support community-centered early action to reinforce and build climate resilience.
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Remote Sensing for Index Insurance: An Overview of Findings and Lessons Learned for Smallholder Agriculture

Content owner: 
IFAD - International Fund for Agricultural Development
Author: 
Coleman, E., Dick, W., Gilliams, S., Piccard, I., Rispoli, F., & Stoppa, A.
Language: 
English/French
Index insurance is a type of agricultural insurance that can serve smallholder agricultural development and risk management by protecting assets and encouraging productive investments. Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication outlines the project, which investigated overcoming issues with ground...
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(C) FIDA

Remote Sensing for Index Insurance: Findings and Lessons Learned for Smallholder Agriculture

Content owner: 
International Fund of Agricultural Development (IFAD)
Author: 
Coleman, E., Dick, W., Gilliams, S., Piccard, I., Rispoli, F., & Stoppa, A
Language: 
English
Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication details the project, which investigated overcoming issues with ground data by testing innovative remote sensing methodologies. It describes the different remote sensing options and opportunities available for index insurance, but it also recommends further...
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13
Jun

Roles of private sector partners in reaching the last mile in delivering agriculture insurance to the vulnerable

by
Pavis Devahasadin
International experts and practitioners in climate and disaster assessment, risk management, and risk communication gathered on May 14-18, 2018 in Mexico City at the 2018 Understanding Risk Forum. Organized by the World Bank’s Global Facility for Disaster Reduction and Recovery (GFDRR) every two years, the event provides organizations and individuals with the opportunity to exchange knowledge, highlight new activities and initiatives, establish new partnerships, and foster innovation in the field. As part of this year’s program, the Disaster Risk Financing and Insurance Program ( DRFIP ) and...
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