A resilience-based approach to social protection that includes insurance is the only sustainable way to manage poverty in the long-term. However, even this approach will fail if worst-case climate change scenarios come to pass.
A new study from rural Nepal shows that when people have higher aspirations, up to a point, they tend to make greater investments toward a better future. However, when aspirations are too high compared to one's current status, those investments are most likely to fall.
In the wake of the earthquake, Heifer Nepal deployed a 3-fold response: immediate relief, livestock-related relief, and implementation of a revolving fund that established interest free loans to affected Heifer beneficiaries.