Cabo Verde officially became a PARM country in February 2016. The PARM process has generated risk assessment priorities, increased capacities and developed ARM tools. In May 2018, PARM engaged stakeholders in dialogue for investment into ARM initiatives. The event marks the final stage of the process in Cabo Verde.
Parm Phases Status
Cabo Verde is an archipelagic, dry country with erratic rains, intense soil erosion, little arable land and a high dependence on food imports. These characteristics present several risks for the country’s agricultural sector and food and livelihoods security.
In view of the on-going PARM Process in the country, stakeholder identified the lack of rain, pests on crops, drought, animal disease, land degradation and inadequate market information as the major risks affecting agricultural activities. Following the prioritization process price volatility, drought and crop pest were considered for priority attention.
After the risk assessment phase, PARM and its partners in Cabo Verde identified Strengthening Farmers Organisations and Cooperatives to Access Market as the single most important tool to provide solutions to the most pressing agricultural risk challenges. A feasibility study was launched and a proposed investment plan for this tool was presented to the stakeholders in May 2018.
In terms of capacity development, the PARM Process reached out to over 120 stakeholders through its CD1 and CD3 respectively in July 2016 and April 2018. The training increased general awareness of agricultural risks and improved knowledge of the identified ARM tool and the potential investment opportunities within the country.
PARM is currently awaiting the Government’s commitment to integrating the identified tool into the implementation of the Cabo Verde’s agricultural policies and investment plan (PNIA).
A first NEPAD mission to Cabo Verde took place in April 2015 to launch the PARM setting-up phase and establish primary contacts with the government and national stakeholders.
Expression of Interest
By February 2016, the Government of Cabo Verde sent a letter to formalize the country’s interest and to confirm the Government’s decision to commit to the PARM process. A CAADP focal point was nominated by the Ministry of Agriculture.
Risk Assessment Study
A Terms of Reference (ToR) for Risk Assessment Study (RAS) was developed in March 2016 and the study was completed in four months. PARM also led a complementary study on information systems in 2016 to assess the availability and access to robust agricultural risk related information systems for stakeholders in Cabo Verde.
Risk Assessment Validation Workshop
On 14-15 July 2016, a National Stakeholder Workshop was organised to discuss the findings from the draft RAS report. After revising the report with comments from the partners, it was validated in February 2017.
Capacity Development (CD1) Seminar
PARM also organised a Capacity Development (CD1) Seminar on 13 July 2016 to introduce stakeholders to the holistic approach to Agricultural Risk Management, the PARM’s risk assessment methodology, and an overview of ARM tools. The presentations for the CD activity is documented in the Vol II of the RAS Validation Workshop Report.
PARM and its partners identified Strengthening Farmers Organisations and Cooperatives to Access Market as the single most important ARM tool for investment in Cabo Verde. A feasibility study was launched in September 2017 to look into the investment options for this ARM tool.
High-level Dissemination Workshop
The results of the feasibility study were presented during the High-Level Dissemination Workshop in Praia on the 10th of May 2018. The workshop also welcomed stakeholders to dialogue on the possible investment options into the tool. A strong commitment was expressed by the MoA of Cabo Verde. The full report of the feasibility study will be made public after official validation from the country partners.
Training on ARM Tools (CD3)
A one-day CD3 training activity on how to use the ARM tools was organized back to back to the High-Level Dissemination Workshop and delivered on the 9th of May 2018.