World Vision International is seeking a consultant to develop a multi-index livestock insurance product specifically designed for pastoral communities in Puntland, Somalia.
This initiative aims to enhance the resilience of pastoralists against climate-related shocks, particularly recurrent droughts, by conducting participatory consultations to gather socio-economic data and identify suitable insurance indices.
The consultancy will involve focus group discussions to collect primary data that will inform the design of the insurance product, ultimately providing a safety net for livestock keepers facing unpredictable climate impacts.
The project is part of a broader effort to improve the livelihoods of pastoralists in Puntland, where traditional coping mechanisms have become less effective due to prolonged drought cycles and market disruptions.
By implementing an index-based livestock insurance (IBLI) model, the initiative seeks to protect pastoral households from severe drought shocks, improve their access to financial services, and link them to reliable markets.
The selected consultant will play a crucial role in developing operational guidelines and recommendations for scaling the product, contributing to the overall goal of enhancing community resilience in the region.
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