index insurance Archives - State of the Planet

crop insurance

Upping Our Game: Crop Insurance Project Proves Wildly Successful

A weather index insurance tool is graduating from research project to commercial product.

by |March 9, 2018

Honduran Farmers Help Design Insurance Against Climate Risks

The International Research Institute for Climate and Society and local Honduran partners have been working to identify and implement farmer-driven, development-focused climate risk solutions. Through interactive exercises, grain farmers have worked together with the team of experts since 2014 to design and tailor index insurance in the pilot region of El Paraíso, Honduras. This video tells the story.

by |December 21, 2015

Poor Ethiopian Farmers Receive ‘Unprecedented’ Insurance Payout

Thanks to a groundbreaking new program that relies on advanced satellite technology, a weather index insurance payout of unprecedented scale will benefit poor African farmers.

by |December 11, 2012

Breaking the Poverty Trap in Ethiopia: Subsistence, Satellites, and Some Other Important Stuff

Two acres of cracked earth. In northern Ethiopia, it can be a trap that keeps farmers tethered to it for generations. Or it can be a springboard to a better life for this and future generations. What impedes it from showing its springier qualities? You could argue the biggest pressure on the land comes from the sky above it.

by |August 29, 2012

Insuring Against Drought

Research economist Dan Osgood discusses index insurance and how it is helping some poor rural communities reduce hardships caused by drought in East Africa.

by |September 2, 2011

Economics of Climate Change: Example from Ethiopia

Experts from Swiss Re, Oxfam America, and the International Research Institute for Climate and Society recently participated in a panel discussion at Columbia recently on weather index insurance for climate change adaptation. The event, organized as part of efforts to support Climate Week in New York, was sponsored by the New York Committee for Oxfam… read more

by |November 9, 2009

New report: Reducing climate risks with index insurance

We know climate has always presented a challenge to farmers, herders, fishermen and others whose livelihoods are closely linked to their environment–particularly in developing countries. A type of insurance called index insurance shows some promise as a climate-risk management tool, according to the latest Climate and Society publication from Columbia’s International Research Institute for Climate… read more

by |June 23, 2009

Using Insurance in Adaptation Efforts

If the recent Conference of the Parties in Poznan, Poland was any indication, next year’s buzzword in the climate-change community will be climate risk insurance. “Dealing with insurance is of fundamental importance in order to meet adaptation objectives,” said UNFCCC Secretary General Yvo de Boer. “If you can’t get insurance because climate change makes you… read more

by |December 24, 2008