R4 Rural Resilience Initiative. Annual Report: January - December 2015

Rome (Italy)/Boston (Massachusetts - USA), WFP/Oxfam America: 2016.

English English

40 p.

WFPWFP3842015

In 2015, the R4 Rural Resilience Initiative expanded in Ethiopia and Senegal and started in Malawi and Zambia. The initiative now reaches over 192,000 people (32,000 farmers and their families) with its comprehensive risk management approach. Many others are benefitting from combinations of risk reduction, risk reserves and prudent risk taking interventions. In 2015, the first phase of impact evaluation in Senegal was finalized, showing positive results in improving smallholder farmers’ resilience in the face of increasing climate risk. 2015 saw the biggest payouts in the history of r4 with over uS$445,000 distributed to insured farmers in Ethiopia and Senegal due to the dry conditions caused by El Niño. This figure includes basis risk payouts. In the past few years, r4 implemented a comprehensive basis risk strategy enabling the program to compensate policy holders in case of mismatch between index- triggered payouts and actual losses affecting participants. Payout calculations for Malawi and Zambia will take place after the conclusion of the ongoing agricultural season in March 2016.

Print and electronic ed.

WFP 384.2015

R4 Rural Resilience Initiative. Annual Report

English

MON-016781