Kenya lost Sh1.2tr to drought in 3 years
Kenya is also in the process of establishing a national livestock insurance scheme and a livestock evaluation system that will make it easier for pastoralists to access credit. Already, there is an insurance product tailored for livestock farmers. Dubbed the index-based insurance (IBLI), the insurance does not rely on physical evidence of loss by the insured but rather on the satellite images showing state of vegetation in the region. “By April 2015, this pilot project had sold more than 10,000 policies and paid policyholders nearly $150,000 (Sh15.3 million). So far, about 18 donors and 106 partners have invested about $2.5 billion (Sh255 billion) in drought and disaster resilience projects with Marsabit, Turkana and Wajir taking up the lion's share of the investments. A total of 25 counties, most of them in the ASALs, have benefited from these funds. Ambassador Mahboub Maalim, the chairperson of IGAD, noted that as a result of some resilient initiatives put in place by Kenya, the country for the first time was able to deal with drought without seeking international aid. Nonetheless, Kenya’s agricultural output in 2014 was dampened by drought. According to the Economic Survey 2015, rainfall amounts received during the 2014 long rains were depressed over most parts of the country, with most stations recording rainfall less than 75 per cent of their seasonal Long Term Means (LTMs) for March to May. The survey adds the worst conditions were observed over North western, Nairobi area and parts of central Rift Valley (Narok) where several meteorological stations recorded less than 50 per cent of their LTMs. The erratic rains saw the agricultural sector record a not-so-good performance in 2014 as production in some crops as well as pasture regeneration for livestock took a hit.
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