Coffee Climate Protection Insurance (CCPI) scheme led by the private sector in the Central Highlands, Vietnam covered 200 hectares of farms of coffee producers protecting them from the risk of drought and excessive rainfall

As part of the Year1 pilot, 60% of participating farmers in Lam Dong paid for half of the premium demonstrating farmers’ confidence and trust in the insurance product. Industry-led uptake of coffee index insurance for drought and excessive rainfall risks cover, co-designed with coffee producers with...

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Detalles Bibliográficos
Autor principal: CGIAR Research Program on Climate Change, Agriculture and Food Security
Formato: Case Study
Lenguaje:Inglés
Publicado: 2021
Materias:
Acceso en línea:https://hdl.handle.net/10568/121227
Descripción
Sumario:As part of the Year1 pilot, 60% of participating farmers in Lam Dong paid for half of the premium demonstrating farmers’ confidence and trust in the insurance product. Industry-led uptake of coffee index insurance for drought and excessive rainfall risks cover, co-designed with coffee producers with insurance policy distributed to 100 smallholders (~200 hectares of coffee plantation) with premium partially supported by the private sector as part of 5-year Coffee Climate Protection Insurance (CCPI) scheme 2021-2025 under DeRISK SoutheastAsia project.