Area characterisation:
Terrestrial
Objective:
Compensate livestock loss to leopard predation.
Financing:
Public-Private-Partnership
Potential impacts/benefits:
- Rapid financial compensation for livestock losses
- Reduced retaliatory killings of leopards
- Keystone species protection
- Lower long-term species rehabilitation costs
Actions:
Proposes a pilot livestock insurance scheme offering rapid compensation to farmers for livestock lost to leopard predation, reducing retaliatory killings across five regions of Sri Lanka.
Organisations:
UNDP BIOFIN Sri Lanka, LOLC Insurance, Dept. of Wildlife Conservation, WNPS
Contacts:
Case study referred by UNDP. For more information, please contact: info@naturance.eu.
The Wildlife and Nature Protection Society (WNPS), in collaboration with Sri Lanka's Department of Wildlife Conservation, has proposed a pilot livestock insurance scheme targeting farmers in the Sigiriya, Okanda, Kilinochchi, Belihuloya and Maskeliya regions. This first-of-its-kind programme offers rapid monetary compensation to farmers who lose livestock to leopard predation, aiming to protect rural livelihoods while curbing retaliatory killings of this keystone species. The broader objective is to pilot test an insurance-based approach to mitigating human-leopard conflict in Sri Lanka — a strategy that aligns with innovative conservation financing models used globally and has the potential to reduce future investment needs associated with rehabilitating threatened species.
Sustainable Development Goals:
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15. Life on land
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1. No poverty
