Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras

As part of an engagement between the International Research Institute for Climate and Society of Columbia University (IRI), the CGIAR Research Program on Climate Change, Agriculture & Food Security (CCAFS), Zamorano Agricultural University and the Ministry of Agriculture and Fisheries (SAG), the I...

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Autor principal: CGIAR Research Program on Climate Change, Agriculture and Food Security
Formato: Otro
Lenguaje:Inglés
Publicado: 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/93218
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author CGIAR Research Program on Climate Change, Agriculture and Food Security
author_browse CGIAR Research Program on Climate Change, Agriculture and Food Security
author_facet CGIAR Research Program on Climate Change, Agriculture and Food Security
author_sort CGIAR Research Program on Climate Change, Agriculture and Food Security
collection Repository of Agricultural Research Outputs (CGSpace)
description As part of an engagement between the International Research Institute for Climate and Society of Columbia University (IRI), the CGIAR Research Program on Climate Change, Agriculture & Food Security (CCAFS), Zamorano Agricultural University and the Ministry of Agriculture and Fisheries (SAG), the Index insurance for the agricultural sector in Central America project is a collaborative effort for identifying and implementing producer-driven, development-focused processes for generating climate risk solutions. Many farmers have opportunities to take productive risks, such as taking a loan to buy higher quality seeds. However, the risk of failed crops can prevent them from investing in new technologies. Working with these farmers, project stakeholders identified index insurance as the tool that could present marginalized farmers with the opportunity to transfer enough risk for them to take productive chances. Through participatory processes, the IRI has been able to connect the science, the experts on-the ground and the producers’ experiences to design a drought index insurance product that is in line with the end-users’ needs, while providing insurance companies with new market opportunities.
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spelling CGSpace932182024-01-23T12:04:07Z Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras CGIAR Research Program on Climate Change, Agriculture and Food Security agriculture climate change seeds development As part of an engagement between the International Research Institute for Climate and Society of Columbia University (IRI), the CGIAR Research Program on Climate Change, Agriculture & Food Security (CCAFS), Zamorano Agricultural University and the Ministry of Agriculture and Fisheries (SAG), the Index insurance for the agricultural sector in Central America project is a collaborative effort for identifying and implementing producer-driven, development-focused processes for generating climate risk solutions. Many farmers have opportunities to take productive risks, such as taking a loan to buy higher quality seeds. However, the risk of failed crops can prevent them from investing in new technologies. Working with these farmers, project stakeholders identified index insurance as the tool that could present marginalized farmers with the opportunity to transfer enough risk for them to take productive chances. Through participatory processes, the IRI has been able to connect the science, the experts on-the ground and the producers’ experiences to design a drought index insurance product that is in line with the end-users’ needs, while providing insurance companies with new market opportunities. 2018-06-13 2018-06-13T14:04:44Z 2018-06-13T14:04:44Z Other https://hdl.handle.net/10568/93218 en Open Access application/pdf CCAFS. 2018. Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras. Wageningen, Netherlands : CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS).
spellingShingle agriculture
climate change
seeds
development
CGIAR Research Program on Climate Change, Agriculture and Food Security
Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title_full Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title_fullStr Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title_full_unstemmed Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title_short Lessons Learnt: Index Insurance for the Agricultural Sector in Central America: Honduras
title_sort lessons learnt index insurance for the agricultural sector in central america honduras
topic agriculture
climate change
seeds
development
url https://hdl.handle.net/10568/93218
work_keys_str_mv AT cgiarresearchprogramonclimatechangeagricultureandfoodsecurity lessonslearntindexinsurancefortheagriculturalsectorincentralamericahonduras