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The Index-Based Livestock Insurance Project (IBLIP) in Mongolia is a pioneering initiative centered on a livestock mortality index. This index, compiled and managed by the Mongolian National Statistics Office, guides the project. IBLIP's unique framework integrates self-insurance, commercial insurance (IBLIP), and social transfers to address catastrophic losses. Herders independently manage minor losses (under 6% livestock mortality rate) that don't jeopardize their livelihoods. Significant losses are covered by the private insurance sector. The government takes on the responsibility for catastrophic losses, ensuring a comprehensive safety net for Mongolia's pastoralist communities.

Index-Based Livestock Insurance Program (IBLIP)

  • Organization:

    Government of Mongolia, World Bank

  • Category:


  • Subcategory:

    Agricultural Insurance

  • Available at:


  • Channel:


  • Climate Resilience Approach Mapping:

    Risk Recovery

  • Climate Impact Mapping:

    General Extreme Weather and Climate Impacts

  • Country / Region Input:

    East Asia, Mongolia

  • Sector Mapping:


  • Business Model Mapping:

    Interest, API connection fees

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