Saleiman S Umar: Building Climate Resilience in Somalia Through a Focus on Livestock Insurance

Saleiman S Umar (Director General, Ministry of Finance, Somalia) discusses Somalia's vulnerability to climate shocks, including severe droughts and floods that impact livelihoods and the economy, particularly the livestock sector. He highlights the government's efforts to develop insurance programs for livestock and collaborate with partners like the World Bank and African Development Bank to implement disaster risk management strategies. Saleiman emphasizes the importance of shifting from reactive humanitarian aid to proactive prevention measures, leveraging knowledge exchange, and working with the international community to safeguard Somalia’s economy and mitigate climate risks.