Peer-to-peer learning
Facilitating knowledge-sharing
Governments and market players can benefit hugely from the experience of others on the journey of building effective agricultural insurance solutions. To provoke new ideas and enable knowledge transfer, the Financial Resilience in Agriculture Initiative has established a Community of Practice for government officials focused on designing and implementing national agricultural insurance programmes for smallholder farmers.
Sharing lessons and best practices to drive agricultural insurance agendas
The Community of Practice enables participants to explore and exchange innovative approaches that can strengthen governments’ role in creating an enabling environment for scalable insurance solutions and business models for insurance. These approaches prioritize farmers’ needs, strengthen market structures and enhance local technical capabilities to scale up agricultural insurance solutions.
Current members of the Community of Practice include Bangladesh, Ethiopia, Tanzania, Uganda, Burkina Faso, China, Cote d’Ivoire, Ecuador, Jordan, Kenya, Senegal, Uzbekistan and Vietnam. These countries are in the process of implementing national agricultural insurance schemes, have an interest in future programming or bring strong lessons to share. Participants include government officials from finance, agriculture and environment ministries, as well as Insurance Regulatory Authorities leading their countries’ agricultural insurance agendas.