Grants and Contributions:
Title:
Expansion of Agricultural Insurance Index in the Casamance Region
Agreement Number:
5007063156 D003619001
Agreement Value:
$1,599,002.00
Agreement Date:
Jan 27, 2017 - Sep 30, 2020
Description:
The aim of this project is to extend the network of rain-gauges (meteorological instruments that measure precipitation) throughout southern Senegal, mainly in Casamance, to collect basic rainfall data that is required to roll out agricultural index insurance in this region.
The initiative has three objectives: to expand the area of agricultural index insurance coverage in order to reduce the number of small agricultural producers, men and women, who do not have access to the insurance services currently in place; to assist financial institutions in their agricultural insurance integration policy; and to build the capacity of the authorities responsible for collecting, analyzing and disseminating rainfall data.
Project activities include the following: (1) purchasing and installing 165 rain gauges; (2) developing and/or updating rainfall indices for the targeted crops; (3) preparing and holding information sessions for men and women producers on agricultural index insurance services and helping them to prepare their coverage file; (4) building the capacity of the structures responsible for collecting, analyzing and disseminating rainfall information through training sessions and the use of high-efficiency equipment.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of the project include the following: (1) adapt the activities of the men and women agricultural producers in Casamance in response to climate change; (2) improve financial institutions’ climate risk management of agricultural activities; and (3) improve the quality of information and climate forecasts by the competent authorities.
Location:
Dakar, SN
Reference Number:
GC-2017-Q4-0044
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
For-profit organization
Additional Information:
The end date is postponed to September 30, 2020
Amendment Date
Mar 24, 2020
Recipient's Legal Name:
Compagnie nationale d'assuranceagricole du Sénégal
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: