World  |  Environment  |  Science & Technology  |  Health  |  Human Rights  |  Feel Good  |  Regions
Great News Network
Spread the word:

New publication shows index insurance has potential to help manage climate risks and reduce poverty

by Pat Coate | June 25, 2009
"The excitement here is that we're applying new thinking to confront long-standing problems."
- Stephen E. Zebiak, IRI director-general

Climate has always presented a challenge to farmers, herders, fishermen and others whose livelihoods are closely linked to their environment, particularly those in poor areas of the world.

It highlights a number of case studies of the various applications of index insurance across the world thus far. Among them are:

•A public-private partnership program in Brazil to support farmers
•A multinational scheme in the Caribbean for earthquake and hurricane risk
•A national program in Ethiopia to complement a drought early warning system
•A program to enable access to credit for smallholder farming communities in Malawi
•Public and private programs in India that offer contracts across many states, for many crops, covering a range of risks, from excessive rainfall to extreme temperatures.

Continue reading on EurekAlert! article opens in new window 
[Broken link?]


Comment on this story

More Great News

 

Recommendations

About

The Great News Network is meant to supplement your daily news sources - not replace it. It's role is to show that there is hope, people are making a difference, and that a lot of things are getting better.

Optimism is a great catalyst for making the world a better place. When we can see there is hope, then we'll be more compelled to make the effort to do our part.

© 2003-2019 GNN