Overcoming challenges to deliver agricultural weather-index insurance

This brief identifies and addresses key issues facing weather-index-based agricultural insurance. Drawing on diverse experiences from Africa and Central America, it zooms in on key challenges such as affordability, quality of weather data and models, raising awareness and trust in the benefits of i...

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Bibliographic Details
Main Authors: Erena, Getaneh, Popova, Viktoria, Vakaki, Eleni, Woerd, Joost van der, Zewdie, Yihenew
Format: Brief
Language:Inglés
Published: Technical Centre for Agricultural and Rural Cooperation 2019
Online Access:https://hdl.handle.net/10568/100885
Description
Summary:This brief identifies and addresses key issues facing weather-index-based agricultural insurance. Drawing on diverse experiences from Africa and Central America, it zooms in on key challenges such as affordability, quality of weather data and models, raising awareness and trust in the benefits of insurance products and policy and regulatory frameworks. To have real impact, scale is the first requirement. Scaling strategies require reliable products, access to the rural areas, increased awareness about insurance and cost-effective delivery channels.