Successful pilot on Index Based Flood Insurance in Indian state of Bihar, informs policy makers and development agencies for scaling

Index-based flood insurance (IBFI), relying on advanced modeling with the use of satellite data, speeded payouts to more than 11,000 flood-affected farm households, benefitting indirectly another 100,000 farmers, who learned from participating neighbors through a crowdsourcing approach.

Bibliographic Details
Main Author: CGIAR Research Program on Climate Change, Agriculture and Food Security
Format: Case Study
Language:Inglés
Published: 2019
Subjects:
Online Access:https://hdl.handle.net/10568/121418
Description
Summary:Index-based flood insurance (IBFI), relying on advanced modeling with the use of satellite data, speeded payouts to more than 11,000 flood-affected farm households, benefitting indirectly another 100,000 farmers, who learned from participating neighbors through a crowdsourcing approach.