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Escaping Poverty Traps and Unlocking Prosperity in the Face of Climate Risk

This study outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management products and policies across Africa. 

General insights are provided on (i) the economics of poverty, risk management, and drylands development; (ii) the evolving use of modern remote sensing and data science tools in development; (iii) the science of scaling; and (iv) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of the world's poorest regions.