Kenya: Livestock Insurance Causes Paradigm Shift in Addressing Drought

University research in Kansas and California is providing technical solutions for small farmers to help them compete against large scale farms.

Wolves in western America were once hunted to near-extinction but have now been reintroduced into certain territories with notable success. More wolves often means more attacks on ranchers' livestock, however, so cowboys are working to track wolf packs by computer to reduce conflicts.

Most insurance companies avoid insuring poor farmers because the transaction costs are too high, but a non-profit in Kenya created a sustainable way to cover them.

In prison, most inmates are alienated from social practices and can be a tax burden for the states. The Colorado Correctional Industries is a program that positions inmates in different forms of labor such as making stuffed toys, farming fish, picking fruit, tending livestock, and creating crafts to be sold at grocery stores. The program makes inmates into taxpayers instead of tax burdens and offers skills that are useful for future employment once they leave prison.

In Colombia, traditional cattle pastures have caused soil degradation, deforestation, and desertification. To reconcile this, several thousand acres of land in Latin America have been transformed into a silvo-pastoral system of grazing and raising cattle with agro-forestry. The Colombia-based Center for Research in Sustainable Systems of Agriculture seeks to reduce pasture land by 26 million acres while increasing cattle numbers by 2019.

Neighborhood Trust is a New York-based nonprofit offering financial advice to individuals experiencing economic hardships. Providing hands-on coaching, counselors are able to inform their clients about financial options they may have otherwise not known about like college financial aid or child care tax credits.

Colombia’s National Development Plan for cattle ranching seeks to reduce pasture land from 94 million acres to 70 million acres while increasing cattle numbers from 23 million head to 40 million. The program focuses on planting trees on grazing land and the "cut and carry method," whereby farmers grow fields of shrubs and distribute the fresh cuttings to cows in pastures. The result is greater cattle productivity and a more eco-friendly farming system.

With more and more Americans having to pay medical costs out of pocket, a small company out of Philadelphia called ELAP is on the front lines of the war against escalating charges. By helping overwhelmed patients to de-mystify and negotiate medical bills, they are ensuring patients get the best value and avoid egregious financial distress.

When cattle die on ranches in Montana, they can attract grizzly bears that can come dangerously close landowners, ranches, and living livestock. Blackfoot Challenge, a coalition of ranchers and landowners who work with the government, collects and composts dead cattle into odorless woodchips. These woodchips are effective at repurposing carcasses into high-way side revegetation projects.

In the wake of Hurricane Sandy, necessity has bred an interesting kind of financial invention for the New York MTA: the world’s first “catastrophe” bond - a reinsurance for the insurer - designed to protect public transportation infrastructure, specifically against storm surge. These bonds privatize risk for public gain, creating a kind of tool that may protect economic development against all kinds of natural and man-made disasters around the world.