Somali Herdsmen Benefit from $3.88 Million in Innovative Livestock Insurance Aid
Somalia's Livestock Insurance Initiative Provides Relief Amid Drought Crisis
This section details the financial assistance provided by the Somali federal government to pastoralists affected by drought. The funds aim to ameliorate the impact on livelihoods and promote resilience in pastoral communities.
Somalia disbursed $3.88 million in livestock insurance payments.
17,734 pastoralists benefited from the payouts.
The initiative is backed by the World Bank through the DRIVE project.
Background on the Drought…