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GFDRR Call for Proposals: Challenge Fund For Developing an Agricultural Risk Financing Tool for Southern Africa

Story Grant Call: Agricultural Water Management and Resilience in Pandemic Times

Deadline: 17 June 2019

The Global Facility for Disaster Reduction and Recovery (GFDRR), the UK Department for International Development (DFID), International Fund for Agriculture Development (IFAD), the Centre for Disaster Protection,  and the World Bank’s Agriculture Observatory, Disaster Risk Financing and Insurance Program and its London Hub have launched a new Challenge Fund to support Southern African countries to develop innovative agriculture risk financing tools to help inform and support public sector policy and program decision making regarding allocation of public resources to reduce economic losses, poverty and food insecurity.

The increasing severity and frequency of extreme weather events and growing threats from plant and livestock pests/diseases threaten to undermine regional food security, poverty reduction efforts and the achievement of the SDGs.

In order to prioritize investments in resilience and preparedness to reduce agriculture losses, poverty and food insecurity, and de-risk agriculture investments, decision makers need tools that capture accurately the economic and social impact of agricultural risks. To incentivize the development of these tools, the WB is launching an innovation challenge to the community of experts aiming at building integrated systems that can leverage existing data sources, analytics & models to assess in a granular, scalable and dynamic way the various dimensions of economic impact induced by agricultural stressors.

Scope of Work: The Challenge

Design a tool that can support public finance decisions based on an integrated approach for the management of agriculture sector risks. The tool will be based on an agricultural-focused financial model, to be used by national governments (Regional and subnational applications will also be considered) in Southern Africa (member countries of the Southern Africa Development Community – SADC) to understand and mitigate against the adverse financial impact to the public sector of extreme shocks to the agriculture sector (major hazards must include extreme weather events and second order effects on agriculture commodity price volatility and/or animal & plant diseases).  The tool should allow for macro (national, sovereign) level risk financing decisions, but more disaggregated level analysis (subnational/meso and farm/micro level) is encouraged.

Key Principles

Three key principles should inform all grant proposals:

Thematic Areas

Funding Information

Criteria

Submitted proposals will be ranked according to the following criteria:

How to Apply

Applicants should send a short application form via email at the address given on the website.

For more information, visit this link.

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