Making index-based flood insurance socially inclusive in Bangladesh: challenges and options
Floods and other weather-related disasters plague farmers in Bangladesh, and climate change threatens to exacerbate these risks. At stake are the livelihoods of millions of small and marginal farmer households that are at risk of becoming further entrenched in poverty. Lack of compensation or other...
| Autores principales: | , , |
|---|---|
| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
CGIAR Research Program on Water, Land and Ecosystems
2019
|
| Acceso en línea: | https://hdl.handle.net/10568/106032 |
| _version_ | 1855530093041942528 |
|---|---|
| author | Aheeyar, Mohamed M. M. de Silva, Sanjiv Senaratna Sellamuttu, Sonali |
| author_browse | Aheeyar, Mohamed M. M. Senaratna Sellamuttu, Sonali de Silva, Sanjiv |
| author_facet | Aheeyar, Mohamed M. M. de Silva, Sanjiv Senaratna Sellamuttu, Sonali |
| author_sort | Aheeyar, Mohamed M. M. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Floods and other weather-related disasters plague farmers in Bangladesh, and climate change threatens to exacerbate these risks. At stake are the livelihoods of millions of small and marginal farmer households that are at risk of becoming further entrenched in poverty. Lack of compensation or other buffering mechanisms means crop losses give rise to deepening cycles of debt, especially when cultivation is financed through loans. While neighboring India has developed strong policy and strategic direction for using risk transfer mechanisms, such as Weather Index Insurance (WII), as a disaster risk reduction tool, policy support in Bangladesh is lukewarm. To date, most WII schemes have been pilots implemented mainly by nongovernmental organizations (NGOs) and donors. The Index-based Flood Insurance (IBFI) project of the International Water Management Institute (IWMI) hopes to adapt the pilot scheme it is trialling in Bihar, India, to Bangladesh. To understand how such a scheme can be made accessible, especially to marginal groups, fieldwork was undertaken in Sirajganj district. Here, a WII pilot project, funded by the Asian Development Bank (ADB), which offers insurance for crops during both the Aman and Boro seasons is ongoing. This brief is informed by findings from this fieldwork. |
| format | Brief |
| id | CGSpace106032 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | CGIAR Research Program on Water, Land and Ecosystems |
| publisherStr | CGIAR Research Program on Water, Land and Ecosystems |
| record_format | dspace |
| spelling | CGSpace1060322025-11-07T08:28:21Z Making index-based flood insurance socially inclusive in Bangladesh: challenges and options Aheeyar, Mohamed M. M. de Silva, Sanjiv Senaratna Sellamuttu, Sonali Floods and other weather-related disasters plague farmers in Bangladesh, and climate change threatens to exacerbate these risks. At stake are the livelihoods of millions of small and marginal farmer households that are at risk of becoming further entrenched in poverty. Lack of compensation or other buffering mechanisms means crop losses give rise to deepening cycles of debt, especially when cultivation is financed through loans. While neighboring India has developed strong policy and strategic direction for using risk transfer mechanisms, such as Weather Index Insurance (WII), as a disaster risk reduction tool, policy support in Bangladesh is lukewarm. To date, most WII schemes have been pilots implemented mainly by nongovernmental organizations (NGOs) and donors. The Index-based Flood Insurance (IBFI) project of the International Water Management Institute (IWMI) hopes to adapt the pilot scheme it is trialling in Bihar, India, to Bangladesh. To understand how such a scheme can be made accessible, especially to marginal groups, fieldwork was undertaken in Sirajganj district. Here, a WII pilot project, funded by the Asian Development Bank (ADB), which offers insurance for crops during both the Aman and Boro seasons is ongoing. This brief is informed by findings from this fieldwork. 2019-08 2019-12-06T09:29:32Z 2019-12-06T09:29:32Z Brief https://hdl.handle.net/10568/106032 en Open Access application/pdf CGIAR Research Program on Water, Land and Ecosystems Aheeyar, Mohamed; de Silva , Sanjiv; Sellamuttu, Sonali Senaratna. 2019. Making index-based flood insurance socially inclusive in Bangladesh: challenges and options. Colombo, Sri Lanka: International Water Management Institute (IWMI). CGIAR Research Program on Water, Land and Ecosystems (WLE). 6p. (WLE BRIEFING SERIES NO. 25) |
| spellingShingle | Aheeyar, Mohamed M. M. de Silva, Sanjiv Senaratna Sellamuttu, Sonali Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title | Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title_full | Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title_fullStr | Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title_full_unstemmed | Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title_short | Making index-based flood insurance socially inclusive in Bangladesh: challenges and options |
| title_sort | making index based flood insurance socially inclusive in bangladesh challenges and options |
| url | https://hdl.handle.net/10568/106032 |
| work_keys_str_mv | AT aheeyarmohamedmm makingindexbasedfloodinsurancesociallyinclusiveinbangladeshchallengesandoptions AT desilvasanjiv makingindexbasedfloodinsurancesociallyinclusiveinbangladeshchallengesandoptions AT senaratnasellamuttusonali makingindexbasedfloodinsurancesociallyinclusiveinbangladeshchallengesandoptions |