Need De-Risking, Inclusion and Value Enhancement of Pastoral Economies (DRIVE) from Kenya Development Corporation (KDC)
KDC in partnership with the State Department for Livestock (SDL), ZEP-RE (PTA Reinsurance Company), and the World Bank Group (WBG) are spearheading the De-Risking, Inclusion and Value Enhancement of pastoral economies (DRIVE) project in Kenya.
The DRIVE project aims to de-risk pastoral systems at the primary level through an integrated package of financial services that includes drought index insurance, savings and at the value chain level through de-risking private sector investments that include provision of financial support. The project is expected to have positive impact on enhancing the climate resilience of pastoral communities, addressing climate change, strengthening commercialization of livestock production, and ensuring the inclusion of the marginalized and vulnerable groups such as women and youth.
