Provision of Index Insurance and Risk Transfer Services for R4 Rural Resilience Initiative in Mozambique
- Lead PI: Dr. Daniel Osgood , Dr. Sandra R. Baptista
Unit Affiliation: International Research Institute for Climate and Society (IRI)
Unit Affiliation: Center for International Earth Science Information Network (CIESIN)
- July 2019 - May 2020
- Africa ; Mozambique
- Project Type: Research
R4 Rural Resilience Initiative is a strategic partnership between the United Nations World Food Programme and Oxfam America to enable vulnerable rural households to increase their food and income security in the context of increasing climate risks. As of early 2019, R4 reached over 98,000 households (about 500,000 people) in Ethiopia, Senegal, Malawi, Zambia and Kenya through a combination of four risk management strategies: improved resource management through asset creation (risk reduction); insurance (risk transfer); livelihoods diversification and microcredit (prudent risk taking); and savings (risk reserves). In 2018, around US$ 1.5 million of insurance payouts have been distributed through the initiative in Ethiopia, Kenya, Malawi, Senegal and Zambia to compensate for weather-related losses. Expansion is also planned in Zimbabwe this year.
WFP Mozambique is starting to implement R4 in the provinces of Tete and Gaza, across the districts of Changara and Chokwe and Chibuto, through a dry run of weather index insurance.In this context, WFP Mozambique is looking for a highly specialized service provider to design and monitor weather index insurance, train WFP and partners in data collection, and interact with communities in project area to assess the season and designed index. Implementation support and technical advice will also be required.