Economist, partners clinch USAID award for drought insurance
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Economist, partners clinch USAID award for drought insurance

A Cornell development economist and his partners in the USAID-funded BASIS Assets and Market Access Innovation Lab have won an international award for developing a form of livestock insurance that has already proved itself in pilot testing. Now that it is scaling up, the insurance could help hundreds of thousands of African herders stave off poverty in times of drought. Continue reading

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Innovative livestock insurance scheme for remote Kenyan herders was dreamed up at Cornell

Jimmy Smith, director general of the International Livestock Research Institute (ILRI), speaks at an event in Marsabit town, in northern Kenya, where several hundred livestock herders were given payouts for livestock insurance that they took out earlier (photo on Flickr by Neil Palmer/CIAT). ‘In the midst of a drought-induced food crisis affecting millions in the … Continue reading