Your search found 32 records
1 Senthilnathan, S.; Palanisami, K.; Ranganathan, C. R.; Umetsu, C. 2009. Deficit rainfall insurance payouts in most vulnerable agro climatic zones of Tamil Nadu, India. In Vulnerability and resilience of social-ecological systems. Kyoto, Japan: Inter-University Research Institute Corporation, National Institutes for the Humanities, Research Institute for Humanity and Nature. pp.138-145.
(Location: IWMI HQ Call no: e-copy only Record No: H042401)
(0.99 MB)
Weather based insurance is a resilience strategy adopted by farmers. It is intended to provide protection to the cultivator against declined rainfall, which is deemed to adversely affect the crop during its cultivation period. It is becoming popular nowadays in India due to high fluctuation in rainfall and other climate related parameters. The present paper provides a method to compute the initial premium for each crop based on the premium structure given by Agricultural Insurance Company of India Limited, New Delhi. For this, the duration in each stage of selected crop identified by Crop Production Guide(2005) jointly published by Tamil Nadu Agricultural University and Department of Agriculture, Government of Tamil Nadu and 30 years of rainfall data from Indian Meteorological Department (IMD) were used. The payout structure was derived for each stage of the selected crop in the respective district. The strike or upper threshold of the rainfall corresponds to the 30 year average accumulated rainfall of the district reference weather station while the exit or lower threshold is intended to equal the water requirement of the respective crop necessary to avoid complete crop failure. This way, the weather based crop insurance acts as a resilience mechanism for rainfall uncertainties.
2 Nagothu, U. S.; Gosain, A. K.; Kuppannan, Palanisami. (Eds.) 2012. Water and climate change: an integrated approach to address adaptation challenges. New Delhi, India: Macmillan. 282p.
Water resources ; Water management ; Freshwater ; Climate change ; Adaptation ; Temperature ; Rain ; Precipitation ; Drought ; Flooding ; River basins ; Assessment ; Water availability ; Water use efficiency ; Water quality ; Monitoring ; Statistical analysis ; Risks ; Economic situation ; Land use ; Institutions ; Policy ; Hydrology ; Simulation models ; Topography ; Irrigation programs ; Irrigated sites ; Greenhouse gases ; Environmental effects ; Agricultural production ; Weather ; Crops ; Rice ; Maize ; Groundnuts ; Crop insurance ; Indicators / India / Andhra Pradesh / Godavari River Basin / Manjeera River / Sri Ram Sagar Project / Dowleswaram Barrage / Nizam Sagar Project / Kaddam Project / Devadula Lift Irrigation Scheme / Singur Project
(Location: IWMI HQ Call no: 333.91 G635 NAG Record No: H044763)
(0.36 MB)
3 Barton, D. N.; Kakumanu, Krishna Reddy; Kuppannan, Palanisami; Tirupathaiah, K. 2012. Analysis of economic incentives for managing risk at the farm level in the context of climate change. In Nagothu, U. S.; Gosain, A. K.; Palanisami, Kuppannan (Eds.). Water and climate change: an integrated approach to address adaptation challenges. New Delhi, India: Macmillan. pp.143-168.
Climate change ; Adaptation ; Farm management ; Risk management ; Weather ; Indicators ; Crop insurance ; River basins ; Rain ; Forecasting ; Surveys ; Irrigation systems ; Models ; Farmers / India / Andhra Pradesh / Chinnanganpur Village / Machavaram Village
(Location: IWMI HQ Call no: IWMI Record No: H044767)
(1.84 MB)
4 Nagothu, U. S.; Barton, D. N.; Gosain, A. K.; Kuppannan, Palanisami; Tirupathaiah, K.; Stalnacke, P.; Gupta, S.; Deelstra, J. 2012. Summary and way forward. In Nagothu, U. S.; Gosain, A. K.; Palanisami, Kuppannan (Eds.). Water and climate change: an integrated approach to address adaptation challenges. New Delhi, India: Macmillan. pp.263-280.
Climate change ; Adaptation ; River basins ; Hydrology ; Simulation models ; Water management ; Water availability ; Agricultural production ; Water use efficiency ; Water quality ; Weather ; Crop insurance ; Indicators ; Impact assessment ; Policy / India / Andhra Pradesh / Godavari River Basin
(Location: IWMI HQ Call no: IWMI Record No: H044770)
(1.37 MB)
5 Nagothu, U. S.; Gosain, A. K.; Kuppannan, Palanisami. (Eds.) 2012. Water and climate change: an integrated approach to address adaptation challenges. New Delhi, India: Macmillan. 282p.
Water resources ; Water management ; Freshwater ; Climate change ; Adaptation ; Temperature ; Rain ; Precipitation ; Drought ; Flooding ; River basins ; Assessment ; Water availability ; Water use efficiency ; Water quality ; Monitoring ; Statistical analysis ; Risks ; Economic situation ; Land use ; Institutions ; Policy ; Hydrology ; Simulation models ; Topography ; Irrigation programs ; Irrigated sites ; Greenhouse gases ; Environmental effects ; Agricultural production ; Weather ; Crops ; Rice ; Maize ; Groundnuts ; Crop insurance ; Indicators / India / Andhra Pradesh / Godavari River Basin / Manjeera River / Sri Ram Sagar Project / Dowleswaram Barrage / Nizam Sagar Project / Kaddam Project / Devadula Lift Irrigation Scheme / Singur Project
(Location: IWMI HQ Call no: 333.91 G635 NAG c2 Record No: H044893)
6 Rambukwella, R. N. K.; Vidanapathirana, R. P.; Somaratne, T. G. 2007. Evaluation of crop insurance scheme in Sri Lanka. Colombo, Sri Lanka: Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI). 108p. (HARTI Research Study 122)
Crop insurance ; Agricultural insurance ; Livestock insurance ; Policy ; Risk management ; Legislation ; Private sector ; Rice ; Farmers ; State intervention ; Economic aspects ; Loans ; Household income ; Crop losses / Sri Lanka / Anuradhapura / Polonnaruwa / Kurunegala / Hambantota
(Location: IWMI HQ Call no: 368.121 G744 RAM Record No: H046406)
(0.79 MB)
7 Kakumanu, Krishna Reddy. 2015. An insight on farmers' willingness to pay for risk management: a case of weather based crop insurance. In Prasad, J. D.; Gangaiah, B.; Chandra, K. S. Agricultural risk management. Hyderabad, India: BS Publications. pp.202-220. [Based on presentations made at the National Seminar on Agricultural Risk Management: Challenges and Strategies in Making Small and Marginal Farm holdings Sustainable and Profitable, Hyderabad, India, 3-4 January 2014]
Risk management ; Weather hazards ; Crop insurance ; Farmers attitudes ; Farm income ; Agricultural production ; Rice ; Subsidies ; Irrigation programs ; River basins ; Climate change / India / Andhra Pradesh / Krishna River Basin / Nagarjuna Sagar Project
(Location: IWMI HQ Call no: e-copy only Record No: H046887)
8 Damayanthi, M. K. N.; Rambodagedara, R. M. M. H. K. 2013. Factors affecting less youth participation in smallholder agriculture in Sri Lanka. Colombo, Sri Lanka: Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI). 102p. (HARTI Research Report 154)
Agricultural sector ; Young workers ; Farmer participation ; Smallholders ; Gender ; Unemployment ; Socioeconomic environment ; Vocational training ; Agricultural extension ; Land use ; Farmland ; Crop insurance ; Case studies / Sri Lanka / Nuwara Eliya / Matale / Polonnaruwa / Kurunegala / Ampara / Hambantota / Monaragala / Anuradhapura / Batticaloa
(Location: IWMI HQ Call no: 630 G744 DAM Record No: H046989)
(0.33 MB)
9 Prasad, J. D.; Gangaiah, B.; Chandra, K. S. (Eds.) 2015. Agricultural risk management. Hyderabad, India: Centre for Good Governance; Hyderabad, India: B.S. Publications. 384p. [Based on presentations made at the National Seminar on Agricultural Risk Management: Challenges and Strategies in Making Small and Marginal Farm holdings Sustainable and Profitable, Hyderabad, India, 3-4 January 2014]
Sustainable agriculture ; Risk management ; Strategies ; Small scale farming ; Smallholders ; Climate change ; Farming systems ; Rainfed farming ; Farmers associations ; Agricultural development ; Crop insurance ; Diversification ; Pilot projects ; Agricultural population ; Agricultural policy ; Information and communication technologies (ICTs) ; Agricultural trade ; Financing ; Profitability ; Institutions ; Land ownership ; Living standards ; Rural areas ; Case studies / India / Andhra Pradesh / Odisha
(Location: IWMI HQ Call no: 630.68 G635 PRA Record No: H047068)
(0.45 MB)
10 Amarnath, Giriraj; Vairavamoorthy, Kalanithy; Agarwal, A. 2017. Satellite imagery + crop insurance = smallholder farmers’ gain. Geospatial World, 7(3):58-61.
Satellite imagery ; Crop insurance ; Rice ; Smallholders ; Farmers ; Floodplains ; Remote sensing ; Monsoon climate ; Rain ; Water levels / India / Bihar
(Location: IWMI HQ Call no: e-copy only Record No: H048306)
https://geospatialmedia.s3.amazonaws.com/wp-content/uploads/2017/09/geospatial-world-september-october-2017-issue.pdf
https://vlibrary.iwmi.org/pdf/H048306.pdf
https://vlibrary.iwmi.org/pdf/H048306.pdf
(9.28 MB)
11 Bouet, A.; Laborde, D. (Eds.) 2017. Agriculture, development, and the global trading system: 2000 - 2015. Washington, DC, USA: International Food Policy Research Institute (IFPRI). 469p. [doi: https://doi.org/10.2499/9780896292499]
International trade ; Agricultural policies ; Development programmes ; Trade policies ; Trade agreements ; Negotiation ; Food security ; Food stocks ; Agricultural prices ; Domestic markets ; Price volatility ; Market access ; Economic impact ; Tariffs ; Subsidies ; Trade organizations ; WTO ; European Union ; Legal frameworks ; Agricultural insurance ; Crop insurance ; Cotton ; Rice ; Wheat ; Oilseeds ; Soybeans ; Imports ; Exports ; Taxes ; Food aid ; Farmers ; Models / USA / Russian Federation / Brazil / India / China / Canada / Qatar / Uruguay / Indonesia / Doha Development Agenda / Bali
(Location: IWMI HQ Call no: e-copy only Record No: H048949)
https://www.ifpri.org/cdmref/p15738coll2/id/131381/filename/131592.pdf
https://vlibrary.iwmi.org/pdf/H048949.pdf
https://vlibrary.iwmi.org/pdf/H048949.pdf
(5.42 MB) (5.42 MB)
This book is devoted to the complex relationship between the global trading system and food security, focusing on two important elements: the Doha Development Agenda (DDA) and how food price volatility can be managed, or not, through trade instruments. The first section of the book is based on the premise that more trade integration can fight poverty and alleviate hunger. The second section examines whether managing price volatility is doable through more or less trade integration. This section deals in particular with policy instruments available for policy makers to cope with price volatility: food stocks, crop insurance, and export restrictions. Analysis concludes that without a strong and efficient World Trade Organization (WTO) capable of conducting ambitious trade negotiations, the food security target will be much more difficult to hit.
12 Teame, A. T.; Hagos, Fitsum. 2019. Weather index crop insurance as a climate-smart approach for the vulnerable groups: the case of Adiha, northern Ethiopia. In Hadgu, K. M.; Bishaw, B.; Iiyama, M.; Birhane, E.; Negussie, A.; Davis, C. M.; Bernart, B. (Eds.). Climate-smart agriculture: enhancing resilient agricultural systems, landscapes, and livelihoods in Ethiopia and beyond. Nairobi, Kenya: World Agroforestry (ICRAF). pp.195-202.
Climate-smart agriculture ; Weather hazards ; Crop insurance ; Risk management ; Smallholders ; Farmers ; Households ; Socioeconomic environment ; Costs ; Models ; Estimation ; Case studies / Ethiopia / Tigray / Adiha
(Location: IWMI HQ Call no: e-copy only Record No: H049273)
http://www.worldagroforestry.org/downloads/Publications/PDFS/B19055.pdf
https://vlibrary.iwmi.org/pdf/H049273.pdf
https://vlibrary.iwmi.org/pdf/H049273.pdf
(0.23 MB) (13.1 MB)
13 Mapedza, Everisto; Tsegai, D.; Bruntrup, M.; McLeman, R. (Eds.) 2019. Drought challenges: policy options for developing countries. Amsterdam, Netherlands: Elsevier. 363p. (Current Directions in Water Scarcity Research Volume 2)
Drought tolerance ; Policies ; Developing countries ; Climate change mitigation ; Adaptation ; Weather hazards ; Early warning systems ; Disaster preparedness ; Resilience ; Monitoring ; Satellite observation ; Remote sensing ; Forecasting ; Food security ; Energy ; Water scarcity ; Nexus ; Intercropping ; Maize ; Legumes ; Crop insurance ; Livestock management ; Forage ; Sustainable land management ; Rainwater harvesting ; Strategies ; Impact assessment ; Gender ; Small scale farming ; Smallholders ; Farmers ; Migration ; Conflicts ; Indigenous knowledge ; Semiarid zones ; Drylands ; SADC countries ; Living standards ; Households ; Social protection ; Rural areas ; Pastoralists ; Communities / Africa South of Sahara / Southern Africa / East Africa / Latin America / South Asia / USA / Brazil / Mexico / Colombia / United Republic of Tanzania / Uganda / Ethiopia / Kenya / Mali / India / Yucatan / Xuilub / Andhra Pradesh / Laikipia / Lincoln / Colorado
(Location: IWMI HQ Call no: IWMI Record No: H049366)
(1.39 MB)
14 Kakumanu, K. R.; Kuppannan, Palanisami; Nagothu, U. S.; Kotapati, G. R.; Maram, S.; Gattineni, S. R. 2019. Making weather index insurance effective for agriculture and livestock forage: lessons from Andhra Pradesh, India. In Mapedza, Everisto; Tsegai, D.; Bruntrup, M.; McLeman, R. (Eds.). Drought challenges: policy options for developing countries. Amsterdam, Netherlands: Elsevier. pp.183-194. (Current Directions in Water Scarcity Research Volume 2) [doi: https://doi.org/10.1016/B978-0-12-814820-4.00012-2]
Weather ; Crop insurance ; Rain ; Temperature ; Risks ; Seasonal cropping ; Rice ; Chillies ; Cotton ; Livestock ; Forage ; Villages ; Farmers / India / Andhra Pradesh / Guntur / Kurnool
(Location: IWMI HQ Call no: IWMI Record No: H049370)
(5.83 MB)
15 Aheeyar, Mohamed; de Silva, Sanjiv; Senaratna Sellamuttu, Sonali. 2019. Pilot evaluation of the Index Based Flood Insurance in Bihar, India: lessons of experiences. Technical report. Colombo, Sri Lanka: International Water Management Institute (IWMI). CGIAR Research Program on Water, Land and Ecosystems (WLE). 31p.
Flooding ; Crop insurance ; Evaluation ; Farmers' attitudes ; Weather hazards ; Risk reduction ; Rice ; Cultivation ; Cost benefit analysis ; Household income ; Villages ; Socioeconomic environment ; Gender ; Women ; Awareness raising ; Decision making ; Local organizations / India / Bihar
(Location: IWMI HQ Call no: e-copy only Record No: H049475)
(1.80 MB)
16 Singh, S. 2020. Farmers’ perception of climate change and adaptation decisions: a micro-level evidence from Bundelkhand Region, India. Ecological Indicators, 116:106475. (Online first) [doi: https://doi.org/10.1016/j.ecolind.2020.106475]
Climate change adaptation ; Farmers attitudes ; Strategies ; Rainfed farming ; Water use ; Cropping patterns ; Barriers ; Resilience ; Vulnerability ; Crop insurance ; Socioeconomic environment ; Households ; Living standards ; Farm income ; Policies / India / Uttar Pradesh / Bundelkhand Region
(Location: IWMI HQ Call no: e-copy only Record No: H049789)
(1.25 MB)
This paper aims at identifying the key determinants, which influence and motivate farmers to adopt a rational, cost-effective, climate-smart adaptation strategy. Macro data encompasses review of studies using “Scopus database” and Micro data from field survey in dry region of Bundelkhand (Uttar Pradesh), India. Multi-stage sampling technique was adopted to select study sites and respondents. A total of 200 sample households of various land size categories were contacted for collecting data using a well-structured and pre-tested schedule. Study findings revealed that variability in temperature and rainfall has affected adversely to the livelihoods of farmers. Low level of livelihood status, fewer non-farm employment opportunities and low cropped area under irrigation were the main barriers to climate change adaptation. Insurance and credit were the main positive determinants that motivated farmers to adjust farm practices. Early maturing seed varieties and less water consuming crop varieties were the most profitable adaptation strategies. Policy intervention should prioritize eliminating asymmetry in information and communication. Enhancing institutional capacities to forecast weather in small geographic regions accurately and warranting accountability of meteorological department is imperative.
17 Navrud, S.; Vondolia, G. K. 2020. Farmers' preferences for reductions in flood risk under monetary and non-monetary payment modes. Water Resources and Economics, 30:100151. [doi: https://doi.org/10.1016/j.wre.2019.100151]
Flooding ; Risk reduction ; Weather hazards ; Crop insurance ; Monetary situation ; Estimation ; Smallholders ; Farmers ; Labour ; Willingness to pay ; Developing countries ; Policies / Ghana / Wheta/Afife Irrigation Scheme
(Location: IWMI HQ Call no: e-copy only Record No: H049903)
https://www.sciencedirect.com/science/article/pii/S2212428419300325/pdfft?md5=a42bfb83a402fb0b64b4079b5f52cf82&pid=1-s2.0-S2212428419300325-main.pdf
https://vlibrary.iwmi.org/pdf/H049903.pdf
https://vlibrary.iwmi.org/pdf/H049903.pdf
(1.03 MB) (1.03 MB)
We use a split-sample choice experiment to investigate the effects of alternative payment modes on the purchase of flood insurance among smallholder irrigation farmers in Ghana. Results show that insurance up-take is lower for insurance premium payments required in labour than comparable premiums required in harvest and money. The marginal willingness-to-pay for a one-year reduction in flood frequency is about 6 h in labour time, 30 kg in rice and 144 Ghana Cedis (US$37) per annum. The price elasticities of demand for flood insurance indicate an inelastic demand for insurance premiums under these three payment modes. In addition to revealing strong preferences for flood risk reduction among farmers in this region, these results imply that subsidy policies may be inadequate in increasing the purchase of weather insurance under these three payment modes.
18 International Water Management Institute (IWMI). 2020. IWMI Annual report 2019. Colombo, Sri Lanka: International Water Management Institute (IWMI). 60p. [doi: https://doi.org/10.5337/2020.208]
Water management ; Sustainable Development Goals ; Food security ; Ecosystems ; Climate change adaptation ; Resilience ; Gender ; Inclusion ; Women ; Digital innovation ; Water resources ; Groundwater management ; Wastewater ; Irrigation programs ; Resource recovery ; Water use ; Smallholders ; Farmers ; Farm income ; Disaster risk management ; Crop insurance ; Agriculture ; Economic aspects ; CGIAR ; Research programmes ; Collaboration ; Partnerships / Africa / Central Asia / South Asia / South East Asia / Myanmar
(Location: IWMI HQ Call no: IWMI Record No: H049940)
(3.65 MB)
19 Ankrah, D. A.; Kwapong, N. A.; Eghan, D.; Adarkwah, F.; Boateng-Gyambiby, D. 2021. Agricultural insurance access and acceptability: examining the case of smallholder farmers in Ghana. Agriculture and Food Security, 10:19. [doi: https://doi.org/10.1186/s40066-021-00292-y]
Agricultural insurance ; Crop insurance ; Smallholders ; Farmers ; Climate change ; Drought ; Risk management ; Communities ; Gender ; Education ; Policies / Ghana
(Location: IWMI HQ Call no: e-copy only Record No: H050529)
https://agricultureandfoodsecurity.biomedcentral.com/track/pdf/10.1186/s40066-021-00292-y.pdf
https://vlibrary.iwmi.org/pdf/H050529.pdf
https://vlibrary.iwmi.org/pdf/H050529.pdf
(1.11 MB) (1.11 MB)
Background: Weather-related risks thwart agricultural productivity gains especially in the face of climate change. Agricultural insurance serves as a reliable risk mitigation instrument for coping with climate-related hazards. This notwithstanding, agricultural insurance penetration among smallholder farmers in the global south remains low. This study investigated the access and acceptability of agricultural insurance among smallholder food crop farmers in Ghana.
Method: The study employed a mixed-methods approach involving both quantitative and qualitative approaches. The study was carried out in the Northern, Volta and Western regions involving 7 communities in 5 districts. A total of 200 farmers were sampled through a multi-stage purposive sampling and interviewed. A cross-sectional survey involved 100 respondents under the quantitative approach whilst the qualitative study engaged additional 100 farmers.
Results: The results show that smallholder farmers’ access and acceptability of agricultural insurance is low (14%) and scarce but ironically considered useful by many (90%) as an effective tool to deal with agricultural risks. Inadequate knowledge about agricultural insurance products constituted the most stated reason (64%) for the scarce adoption rate, followed (23%) by the unavailability of insurance products in areas needed but absent. A few (5%) reported insurance to be expensive. Acceptability and accessibility of agricultural insurance are further influenced by gender, educational level, low knowledge, information asymmetry and wrong perception concerning agricultural insurance products. Sense of security and reduced impact of climate variabilities constituted important benefits guaranteed by agricultural insurance.
Conclusions: Agricultural insurance access and acceptability is constrained by limited knowledge of agricultural insurance products. It is recommended that more insurance companies be incentivized to augment already existing efforts by Ghana Agricultural Insurance Pool (GAIP) to enroll more smallholder farmers. The government can consider bundling existing insurance products with credit or inputs under the Planting for Food and Jobs Programme (PFJ) to improve uptake and accessibility of agricultural insurance.
Method: The study employed a mixed-methods approach involving both quantitative and qualitative approaches. The study was carried out in the Northern, Volta and Western regions involving 7 communities in 5 districts. A total of 200 farmers were sampled through a multi-stage purposive sampling and interviewed. A cross-sectional survey involved 100 respondents under the quantitative approach whilst the qualitative study engaged additional 100 farmers.
Results: The results show that smallholder farmers’ access and acceptability of agricultural insurance is low (14%) and scarce but ironically considered useful by many (90%) as an effective tool to deal with agricultural risks. Inadequate knowledge about agricultural insurance products constituted the most stated reason (64%) for the scarce adoption rate, followed (23%) by the unavailability of insurance products in areas needed but absent. A few (5%) reported insurance to be expensive. Acceptability and accessibility of agricultural insurance are further influenced by gender, educational level, low knowledge, information asymmetry and wrong perception concerning agricultural insurance products. Sense of security and reduced impact of climate variabilities constituted important benefits guaranteed by agricultural insurance.
Conclusions: Agricultural insurance access and acceptability is constrained by limited knowledge of agricultural insurance products. It is recommended that more insurance companies be incentivized to augment already existing efforts by Ghana Agricultural Insurance Pool (GAIP) to enroll more smallholder farmers. The government can consider bundling existing insurance products with credit or inputs under the Planting for Food and Jobs Programme (PFJ) to improve uptake and accessibility of agricultural insurance.
20 Amarnath, Giriraj; Malik, Ravinder Paul Singh; Taron, Avinandan. 2021. Scaling up Index-based Flood Insurance (IBFI) for agricultural resilience and flood-proofing livelihoods in developing countries. Colombo, Sri Lanka: International Water Management Institute (IWMI). 68p. (IWMI Research Report 180) [doi: https://doi.org/10.5337/2021.213]
Flooding ; Resilience ; Agricultural insurance ; Crop insurance ; Livelihoods ; Developing countries ; Scaling ; Disaster risk management ; Risk transfer ; Business models ; Product development ; Marketing ; Public-private partnerships ; Stakeholders ; State intervention ; Financial institutions ; Microfinance ; Smallholders ; Farmers ; Awareness raising ; Climate change ; Satellite observation ; Rivers ; Rain ; Flood damage ; Crop losses ; Compensation ; Subsidies ; Legal aspects ; Economic aspects ; Social aspects ; Drought ; Case studies / India / Kenya / Rwanda / United Republic of Tanzania / Malawi / Ethiopia / Senegal / Zambia / Thailand / Brazil / Mexico / Mongolia
(Location: IWMI HQ Call no: IWMI Record No: H050608)
(3.14 MB)
This research report presents the first comprehensive framework of business models in terms of developing, marketing and scaling Index-based flood insurance (IBFI). The report evaluated ten case studies on agricultural insurance schemes (macro, meso and micro levels), globally, to develop public-private partnership business models for creating value (product development) and capturing value (product marketing). This report highlights four broad groups of interrelated factors that influence the uptake and scaling of agricultural insurance: (i) behavioral factors that influence farmers’ enthusiasm to invest in insurance; (ii) financial factors that stipulate governments’ willingness to provide financial support; (iii) legal and regulatory factors, which set ground rules for fair business and govern their adherence by stakeholders; and (iv) facilitating factors, including product design and development, business models, research and development, data availability, and awareness creation, which help ensure an efficient supply of insurance services. In summary, the report highlights the need for designing innovative IBFI and its potential benefits for uptake, and efforts for implementing IBFI as a potential risk transfer tool for comprehensive climate risk management among small-scale and marginal farmers.
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