Transforming food systems through risk-contingent credit in rural Africa: Development, experimentation, and evaluation
Throughout Africa, climate change is posing severe challenges to agricultural production and food security. Agricultural risks—particularly those associated with drought—are a major cause of low agricultural productivity in most African countries, including Kenya. According to the Government of Kenya, four consecutive years (2008–2011) of drought caused US$12.1 billion in losses, accounting for about 8 percent of GDP, including losses in assets and disruptions to the economy across sectors (Kenya, Ministry of Agriculture, Livestock and Fisheries 2014).