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Rainfall index insurance to help smallholder farmers manage drought risk

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Title Rainfall index insurance to help smallholder farmers manage drought risk
 
Creator Diaz Nieto, J
Cook, Simon E.
Läderach, Peter
Fisher, Myles J.
Jones, Peter G.
 
Subject CROP INSURANCE
DROUGHT
RAINFALL
PHASEOLUS VULGARIS
POVERTY
CENTRAL AMERICA
SEGURO DE COSECHAS
SEQUÍA
PRECIPITACIÓN
PHASEOLUS VULGARIS
POBREZA
AMÉRICA CENTRAL
 
Description The struggle to find sustainable formal insurance for droughts in developing countries captures the attention of many in the development community for good reason. Droughts disrupt the development process, and the impacts of drought are exacerbated by an unwillingness on the part of the poor to invest combined with a lack of access to credit. This paper first examines the problems associated with traditional approaches to formal drought insurance and goes on to examine the potential of index insurance that is event-driven. A combined weather-generation and crop simulation modelling approach is used to estimate site-specific risks. The method is demonstrated in a case study for dry bean production in Honduras.
Peer-reviewed
 
Date 2014-10-02T08:33:05Z
2014-10-02T08:33:05Z
2010
 
Type Journal Article
 
Identifier http://hdl.handle.net/10568/44002
 
Language en
 
Source Climate and Development