Insurance is about protection against loss — and so, in many ways, is conservation. The similarities between these two industries mean both could gain from a closer relationship.
The International Livestock Research Institute (ILRI) recently announced the trial of an innovative insurance scheme for traditional herders in northern Kenya. There’s a severe need for such insurance: Drought, compounded by a loss of traditional grazing lands, has pushed pastoralists in many developing nations like Kenya and Mongolia into severe poverty.
But it has been almost impossible for these pastoralists to take out insurance against the loss of livestock due to drought, largely because of the challenge verifying livestock deaths over vast remote areas.
Read more (Oromo Index)