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Case Study

Livestock Insurance for Leopard Conflict

COUNTRY/REGION

Sri Lanka

START - END DATE

2025 - 2030

REALM

Terrestrial

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.

Insurance trigger type

The mechanism by which an insurance payout or financial response is activated

Indemnity

Insurance scheme target

Beneficiary of Insurance Scheme

Local Communities

Insurance scheme developer

The type of institution(s) providing insurance or guarantees

Public-Private-Partnership

Insured risk

The primary category of risk addressed or managed by the insurance solution.

Physical Risk to People/Assets/Economic Activity

Insurance product type

Adapted from UNEP FI framework subcategories

Insurance to reduce risks to ecosystems and species

Partners:

UNDP BIOFIN Sri Lanka, LOLC Insurance, Dept. of Wildlife Conservation, WNPS

Referred by:

UNDP