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$5,000,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jul 3, 2022
Project Estimated End Date
Jun 30, 2020
Project Description
This program will combine in depth advisory services to index insurance stakeholders, training workshops in index insurance and knowledge management activities.
Development Results
The primary objective of the program is to support index insurance stakeholders with advisory services to insure smallholder farmers in Sub Saharan Africa. The secondary objective of this program is to support index insurance stakeholders with advisory services to produce significant index insurance premium volumes.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of participants in workshops, training events, seminars, conferences, etc.
3,391
8,507
Number of entities receiving in-depth advisory services
0
11
Number of new financial products designed
12
53
Number of training modules and new products developed
0
11
Number of workshops, training events, seminars, conferences, etc.
17
170
Number of entities that implemented recommended changes
0
13
Number of new financial products launched
10
46
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
Initial Disclosure: As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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