Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks
An Alliance partnership-developed Weather Protect Insurance (WPI) mechanism generates an eight-fold return on insurance investment, empowering farmers and strengthening agricultural sustainability. WPI enhanced financial resilience for 138,734 cooperative members (80% farmers), across 222 cooperativ...
| Autores principales: | , , |
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| Formato: | Case Study |
| Lenguaje: | Inglés |
| Publicado: |
2024
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/173643 |
| _version_ | 1855516104041955328 |
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| author | Leyte, James Dizon Aguila, Lea May Swaans, Cornelis |
| author_browse | Aguila, Lea May Leyte, James Dizon Swaans, Cornelis |
| author_facet | Leyte, James Dizon Aguila, Lea May Swaans, Cornelis |
| author_sort | Leyte, James Dizon |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | An Alliance partnership-developed Weather Protect Insurance (WPI) mechanism generates an eight-fold return on insurance investment, empowering farmers and strengthening agricultural sustainability. WPI enhanced financial resilience for 138,734 cooperative members (80% farmers), across 222 cooperatives in 74 provinces, in the Philippines, ensuring payouts within 10 days of climate events. Among the 600 farmers surveyed in 2024, 81.75% received payouts for insurance, accelerating recovery. While 20.5% adopted climate-smart agricultural (CSA) practices, full adoption could further increase yields and profits by 2%. |
| format | Case Study |
| id | CGSpace173643 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| record_format | dspace |
| spelling | CGSpace1736432025-11-05T12:29:35Z Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks Leyte, James Dizon Aguila, Lea May Swaans, Cornelis smallholders-smallholder farmers climate change climate resilience climate-smart agriculture-climate smart agriculture sustainability surveys risk management yields agricultural insurance insurance drought weather-weather conditions An Alliance partnership-developed Weather Protect Insurance (WPI) mechanism generates an eight-fold return on insurance investment, empowering farmers and strengthening agricultural sustainability. WPI enhanced financial resilience for 138,734 cooperative members (80% farmers), across 222 cooperatives in 74 provinces, in the Philippines, ensuring payouts within 10 days of climate events. Among the 600 farmers surveyed in 2024, 81.75% received payouts for insurance, accelerating recovery. While 20.5% adopted climate-smart agricultural (CSA) practices, full adoption could further increase yields and profits by 2%. 2024-03-17 2025-03-17T10:33:05Z 2025-03-17T10:33:05Z Case Study https://hdl.handle.net/10568/173643 en Open Access application/pdf Leyte, J.D.; Aguila, L.M.; Swaans, C. (2025) Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks. Study #ASI - 2408. Rome (Italy): Bioversity International; Cali (Colombia): CIAT. 4 p. |
| spellingShingle | smallholders-smallholder farmers climate change climate resilience climate-smart agriculture-climate smart agriculture sustainability surveys risk management yields agricultural insurance insurance drought weather-weather conditions Leyte, James Dizon Aguila, Lea May Swaans, Cornelis Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title | Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title_full | Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title_fullStr | Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title_full_unstemmed | Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title_short | Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks |
| title_sort | weather protect insurance empowering 138 734 cooperative members to recover from climate related shocks |
| topic | smallholders-smallholder farmers climate change climate resilience climate-smart agriculture-climate smart agriculture sustainability surveys risk management yields agricultural insurance insurance drought weather-weather conditions |
| url | https://hdl.handle.net/10568/173643 |
| work_keys_str_mv | AT leytejamesdizon weatherprotectinsuranceempowering138734cooperativememberstorecoverfromclimaterelatedshocks AT aguilaleamay weatherprotectinsuranceempowering138734cooperativememberstorecoverfromclimaterelatedshocks AT swaanscornelis weatherprotectinsuranceempowering138734cooperativememberstorecoverfromclimaterelatedshocks |