A regional approach to drought index-insurance in Intergovernmental Authority on Development (IGAD) countries: volume 2 - intergovernmental authority on development country annexes

ABSTRACT

The objectives of this report are to review for each IGAD country the overall environment for the operational feasibility of implementing IBLI. The operational feasibility areas are summarized and scored at the end of each country chapter. They include the following;Importance of pastoral livestock for economy;Impact of drought on livestock;Pastoralist demand for livestock insurance;Effective distribution channels for micro-level IBLI;Existing pastoralist beneficiary registries;Pastoralist financial literacy;Legal and regulatory insurance environment;Insurance market development;Interest from insurers in IBLI;Finance available for premiums;and Interest from government stakeholders in IBLI. This report was conducted combining a desk-based study with key informant interviews. As for Volume I, given the travel restrictions due to COVID-19, only a minimum of in-country stakeholder meetings have been possible. Instead, questionnaires were shared with more than 50 in-country expert stakeholders (of which 21 replied), including ministries of agriculture, ministries of humanitarian affairs, ministries of finance, insurance regulators, development partners, livestock associations and non-governmental organizations (NGOs), inquiring about the status quo of drought risk financing initiatives in IGAD countries, the status of needed operational infrastructure for a regional approach, and the interest of stakeholders to support such an approach. Where applicable, results from these questionnaires and from other stakeholder consultations were included in the country annexes (as indicated).