| Sumario: | With current and anticipated increases in magnitude of extreme
weather events and a declining consistency in weather patterns,
particularly challenging for agriculture, there has been a growing
interest in weather index-based insurance (IBI) schemes in
Bangladesh. A number of weather index-based insurance
products have already been tested and applied across Asia
and Africa, with varying degrees of success, as a mechanism to
improve livelihood security by enabling vulnerable populations
to transfer risk associated with climate change, extreme weather
events and other hazards. In the process, these efforts have
generated important new knowledge on how these schemes can
be designed and implemented for optimal results. However, the
practice of index-based insurance is still limited in Bangladesh,
and the experience and knowledge generated by the different
stakeholders involved needs to be better communicated.
To identify and facilitate the diffusion of knowledge and best
practices in this unique field, Worldfish held a two-day
workshop for experts and practitioners who are working on this
issue in Bangladesh. This event aimed to map past and present
index-based insurance schemes that have been undertaken in
Bangladesh, and to facilitate knowledge sharing and capacity
building among relevant organizations. Prior to this event, the
International Centre for Climate Change and Development
(ICCCAD) conducted this scoping study to inform the design
and objectives of the two-day workshop.
|
|---|