icenecdev providing agriculture and livestock insurance

ICENECDEV CORPERATE GROUP

providing Health and Agricultural Insurance for Farmers

ICENECDEV CORPERATE GROUP

providing Health and Agricultural Insurance for Farmers

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ICENECDEV Corporate Group works with Insurance Companies in Cameroon to grow the reach and scale of Cameroon ’s agricultural insurance scheme.

ICENECDEV Corporate Groups is agricultural company providing advisory agricultural services and access of loan to smallholder farmers in Cameroon and in the Central Africa /CEMAC Region . The goal is for Partners/ governments provides 40 per cent subsidy of premiums. ICENECDEV Gorporate Group has a vision to be one of the leading insurer scheme and to covers 60 per cent of the members. The pilot will focus on expanding the scheme to cover more farmers and livestock.

Background Information

Economic losses due to extreme weather, climate and water events have increased sevenfold from the 1970s to the 2010s.1 Scientists predict that these events, driven by climate change, will only become more common in the years to come— driving significant losses across many sectors of the economy. With economic damages from extreme weather estimated
at more than USD 2 trillion2 over the last decade, risk management tools are more necessary than ever. Low- and middle-income countries are more vulnerable to the impacts of climate change, particularly since a large proportion of their populations depend on climate-vulnerable sectors—such as agriculture and fisheries—for their livelihoods. Agricultural insurance can be a powerful tool to reduce that vulnerability and help smallholder households
adapt to climate change. Recent evidence suggests that even a 1% increase in insurance penetration reduces the disaster recovery burden on developing countries by 22%.3. However, the challenges of developing and delivering agri-insurance to smallholder farmers remain significant. Farmer understanding of insurance is typically low, products can be complex and costly to deliver, and regulatory frameworks
to facilitate the insurance market are often lacking. Multi-sector collaboration, including an active government role, is needed to close the persistent insurance protection gap in these countries

. Agricultural production and food security have made impressive progress in global South and including Africa over recent decades. The improvements have played a key role in fueling economic growth. However, climate change and related erratic weather events threaten farmers’ livelihoods, as do pests and diseases. Poor harvests can prevent farmers from repaying their loans. They are then naturally unwilling to access credit or use modern inputs in the next season. Yields and income, therefore, typically fall again.

In OECD countries, most farmers benefit from crop insurance or the equivalent in price supports and guarantees. By contrast, farmers in middle- and low-income countries, do not have access to such risk mitigation services. Most of these farmers are smallholders.

Agricultural insurance is a valuable financial instrument for smallholder farmers. It increases their resilience by avoiding or limiting potentially devastating financial losses. This prevents them from falling into poverty. Insurance also eases access to finance and increases smallholders’ productivity.

Our Vision

Grow the reach and scale and establish national agricultural insurance schemes
Improve the resilience of value chain actors in the agriculture production of selected crops and livestock
Build an insurance culture among smallholder farmers for poverty alleviation

Activities/Services

Product development for insurance to cater to additional livestock and crop value chains, such as beans, soybeans, cassava, coffee, tea, and aquaculture
Capacity building of staff and field officers for designing and distributing crop and livestock insurance
Education campaigns to build awareness of agricultural insurance-based amongst consumers and other stakeholders in the agricultural sector

ICENECDEV at COP 16 Cali Colombia United Nations Biodiversity Conference

The COP is held every two years. This 2024, for the first time in history, Colombia will host the 16th edition of the biennial Conference on Biodiversity. Each of these Conferences seeks to take decisive measures for the protection of biological diversity.

This year, COP16 will take place in Cali, capital of the department of Valle del Cauca (Colombia), between October 21 and November 1, 2024.The slogan “Peace with Nature” is a call to reflection to improve the relationship with the environment, to rethink an economic model that does not prioritize the extraction, overexploitation and contamination of nature.

The International Centre for Environmental Education and Community Developmenrt-ICENECDEV will organized 2 side events at the margin of COP16 on Reversing and Halting the Impact of Plastic Pollution on Ocean Biodiversity on the 26^th October in the Nature Positive Pavilion 5pm to 6pm Colombia Local Time and 31^st October 2024 Afternoon Session.ICENECDEV will drawing inspiration from experience and knowledge engaging with communities to Combat Plastic Pollution Along the West Coastline of Cameroon and Gulf of Guinea and other parts of Africa financed by the Norwegian Retailer Environment Fund, Waste Free Oceans Belgium , Empower Norway, Sufrider Foundation,Ecotour Enterprise SWIFT Belgium, XminusY Netherlands.

Plastic pollution poses a severe threat to marine life and ecosystems, with far-reaching consequences for biodiversity and human health. Addressing this issue requires a multifaceted approach involving reducing plastic production and consumption, improving waste management, and undertaking clean-up efforts,Reduce Your Use of Single-Use Plastics, Support Legislation to Curb Plastic Production, Plastic Pollution Treaty and Waste,reuse/recycle, Participate In (or Organize) a Beach or Coastal Cleanup and restoration of marine ecosystem through Agroecology and Agroforestry.

Contact Information

Address: P.O Box 641 Lower Bokova, Mile 15. Buea South West Region,Cameroon
Email: info@icenecdev.org
Email: icenecdev2006@yahoo.com, icenecdev@gmail.com
Website: www.icenecdev.org
Tel: +237 674 033 583/ +237 652 763 068