Insuring Against Drought‐Related Livestock Mortality:  Piloting Index Based Livestock Insurance in Northern Kenya

Mude, Andrew G.; Chantarat, Sommarat; Barrett, Christopher B.; Carter, Michael R.; Ikegami, Munenobu; McPeak, John G.

doi:10.2139/ssrn.1844745

Cited by 24 publications

(17 citation statements)

References 9 publications

(5 reference statements)

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“…Payments to affected clients were a function of the area's average loss and not of individual loss. The IBLI was well received among the pastoralists and sales of the insurance went beyond expectations (Mude et al, 2010). Moreover, on the basis of an analysis conducted in rural areas of the United Republic of Tanzania, Traerup (2012) proposes a collective approach to index-based insurance.…”

mentioning

confidence: 99%

Characterizing loss and damage from climate change

et al. 2014

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Item 10 of the provisional agenda Approaches to address loss and damage associated with climate change impacts in developing countries that are particularly vulnerable to the adverse effects of climate change to enhance adaptive capacity 1-Activities to be undertaken under the work programme A literature review on the topics in the context of thematic area 2 of the work programme on loss and damage: a range of approaches to address loss and damage associated with the adverse effects of climate change Note by the secretariat Summary This literature review presents findings from available scientific evidence and other documentation on a range of approaches employed today in four regions of the world to address loss and damage associated with the adverse effects of climate change. The literature review focuses on the types of approach and their levels of application, in particular examining the foundational resource requirements and cost-effectiveness of and the lessons learned from such approaches. The review follows a regional perspective, corresponding to the regional expert meetings for Africa, Latin America, Asia, and small island developing States which have taken place during 2012 as components of the work programme on loss and damage under the Subsidiary Body for Implementation. 1 Decision 1/CP.16, paragraphs 26-29.

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confidence: 99%

Characterizing loss and damage from climate change

et al. 2014

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“…However, only direct losses occasioned by mortality, milk losses and weight were considered in this study. In establishing these losses due to mortality and weight losses, we converted the lost animals into TLUs which were then valued based on the cost of a TLU at US$ 150 for pastoral livestock in East Africa (Anteneh et al 1988;Mude et al 2010). The value of milk was based on local market rates converted into US$.…”

Section: Discussionmentioning

confidence: 99%

“…The parameters on value of the animals were estimated from secondary data where the value of sheep and goats was considered in US$ per tropical livestock unit (TLU) at US$ 150 (Anteneh et al 1988;Mude et al 2010). One TLU was defined as being equivalent to one cow with a body weight of 250 kg while sheep and goats were defined as 0.125 TLU (McCabe 2004;Maass et al 2012).…”

Section: Data Collectionmentioning

confidence: 99%

Economic losses associated with Peste des petits ruminants in Turkana County Kenya

et al. 2015

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Peste des petits ruminants is a major economic disease affecting the pastoral herders in Kenya, with outbreaks in Turkana County having devastating effects on the Turkana livelihoods. Turkana County is a region associated with natural and manmade disasters, poor infrastructure and insecurity. There is limited essential data on livestock diseases and economic analysis. This study has attempted to estimate the direct economic loses occasioned by outbreaks of Peste des petits ruminants (PPR) based on perceived loss of benefits experienced by the Turkana people. Parameters for the analytical model were derived from secondary data, informal interviews and focused group discussions using participatory epidemiology methods. Results shows that losses due to PPR were estimated at US$ 19.1 million and mortality of small stock due to PPR constituted the greatest economic loss valued at US$ 16.8 million being 88% of the total losses. Other losses due to lost milk and weight loss constitute approximately 12% of the total losses. PPR has serious economic impacts on pastoral livelihoods, and previous estimation of PPR losses in Kenya was grossly undervalued. This study strengthens the basis for developing a system for the economic assessment of livestock diseases in areas with scanty data based on parameters derived from participatory epidemiology approaches for use in the mathematical model.

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“…Risk presents an impediment to the adoption of more profitable agricultural production practices in developing countries, such as the adoption of fertilizer and high-yield seed, accumulation of herds, or expansion of farm size (Cai et al, 2009;Clarke and Dercon, 2009;Mude et al, 2009). Poor households often make safer, lower return investments, and may even vary consumption to stay above a dynamic asset threshold (Carter and Lybbert, 2012;Lybbert and McPeak, 2012;Zimmerman and Carter, 2003).…”

Section: Informal Risk-coping Mechanisms Versus Formal Insurancementioning

confidence: 99%