Lloyd’s cud cover for sheep, lynx mix in Britain
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A group of conservationists is working on a plan to reintroduce the lynx, a spotted wildcat “with paws like snowshoes,” into Britain wildlife, but local sheep farmers are worried about their livestock becoming prey, Bloomberg Businessweek reported Monday.
Looks like Lloyd’s of London will save the day.
A syndicate at Lloyd's is now offering products for farmers so they can be compensated for lost sheep, the outlet reported.
“It shows that we were not just paying lip service to stakeholders; we were actually thinking of solutions to engage with them,” says scientist Paul O’Donoghue, who is chief scientific adviser to the program that aims to bring the wild species back to life.
Apparently, it’s not unusual. Communities that have reintroduced wild species, such as snow leopards in Asia, have used insurance and compensation schemes to sway similar concerns, according to the article.
“It has been proven to be an effective method of improving people’s attitudes to living alongside these species,” Nilanga Jayasinghe, the World Wildlife Fund’s senior program officer for Asian species, told Bloomberg.
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