The symposium emphasized the development of accurate index designs, the importance of partnerships between governments and the private sector, and the role of financial institutions in distributing index insurance products to farmers. It showcased successful collaborations, such as the National Agricultural Insurance Company of Senegal, which made index insurance accessible to small-scale farmers. The event concluded with a call to action for governments, insurers, financial institutions, and development organizations to work together in expanding the reach of index-based agricultural insurance.
Visit https://bit.ly/SenegalSymposium23(link is external) to read the full document in English or French, and gain valuable insights into the symposium's main highlights and recommendations for building resilient communities and safeguarding livelihoods.