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Project

Nigerian Incentive-based Risk Sharing Scheme for Agricultural Lending (NIRSAL)

NIRSAL Plc and the International Centre for Tropical Agriculture (CIAT) have signed an agreement in 2018 to jointly deliver on the project imperatives of creating Climate Risk Profiles in Nigeria. The Project is aimed at providing an overview of climate risk issues and other vulnerabilities across agro-ecological zones in the country as well as indications of how climate change will potentially impact agricultural production, water resources, energy and human health.

NIRSAL’s partnership with CIAT is in line with its commitment to contribute to the realization of Nigeria’s Nationally Determined Contribution (NDC) targets as ratified at the twenty-first session of the Conference of the Parties (COP22) of the UN Framework Convention on Climate Change (UNFCCC) and consented to by President Muhammadu Buhari, and in its push for the adoption of climate-smart agricultural practices in Nigeria.

CIAT will ensure that all climate risks that can jeopardize the future of the Agriculture Sector are dimensioned and adequately addressed. The profiles derived from NIRSAL’s work with CIAT would be used to improve the operations of smallholder farmers through NIRSAL’s existing engagement structures that stretch from Commodity Endemic Areas within Agro-ecological zones, down through Agro Geo-clusters, Agro Geo-cooperatives, to individual smallholders in Agro Geo-cooperative Cells of 50 hectares each.

Key Activities:
  • Development of climate risk profiles for the various agro-ecological zones in Nigeria. 
Key Results / Outputs:
  • Agricultural Risk Profiles
Key Outcomes:
  • Engender private sector investment and participation in climate smart agriculture, resulting in climate resilient agriculture value chains and contributing towards food security for Nigerian population.
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Photo credit: NIRSAL

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