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Developing countries are already enduring the worst of climate change. Floods and droughts are impacting natural resources and water availability, and vulnerable smallholder farmers with limited access to government support and lower capacity to adapt to these climatic events face extreme risk. Weather Index Insurance (WII) may increase the ability of…
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This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk. The scale and extent of future risks for a given location is, however, subject to uncertainties in predicting complex climat…
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There are challenging times ahead for crop insurance in the EMEA region. The business model of indemnity insurance within traditional markets has been tested by a series of abnormal climate-related events. The current situation calls for a revised risk assessment approach and better use of data. Mobile apps and web-based platforms offer the necessary to…
While extreme drought can’t be predicted from year to year, satellites orbiting the Earth can observe it as it happens. Those observations build datasets that are the basis for disaster risk insurance, a relatively new but powerful means for national governments to finance a disaster response. However, like all types of insurance based on Earth observa…
Start Network has signed a climate risk insurance policy that will protect up to 160,000 people in Senegal from the effects of drought. One of the first of its kind, the policy will enable aid agencies to offer life-saving support to people in Senegal as soon as a drought is predicted, helping to prevent famine. The $1.5 million USD policy, signed by S…
This factsheet details the efforts being made by the World Food Programme (WFP) in Cuba is adopting an integrated approach to reduce the vulnerability of farmers to drought and climate change impacts by promoting innovation on three fronts: i.) “preventive” insurance and disaster risk reduction (DRR) measures; ii.) parametric Area Yield Index Insur…
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This case study describes the Republic of Chile’s approach to building agricultural resilience to natural hazard-induced disasters, particularly climate risks. It outlines two areas of strength, namely, Chile’s national agroclimatic risk information system – this consists of a series of interconnected platforms, agroclimatic information bulletins, tools…
IWMI has provided three examples of evidence-based water solutions to some of the key climate challenges facing food, water and land systems. By Isis Palay Climate change is one of the most serious crises facing humanity. Not only is it causing a rise in global temperature and increasing extreme weather events, but it is also acting as a catalyst for…
It’s a common scene across many African countries’ rural areas: cows grazing peacefully. But, by 2050, heat stress induced by climate change may drastically alter this familiar picture. New findings from the International Livestock Research Institute show that, unless massive adaptation measures are put in place, the number of extreme heat ev…
Unless African countries prepare now for the next natural disaster, whether it is a drought or disease outbreak, progress will be at risk, and health and livelihoods will suffer. Even as a third wave of Covid-19 hits more than a dozen African countries, economic recovery is a top priority for governments. But recovery may not take hold before the next…
Natural disasters create dire hardships for rural families in developing countries. National governments can pre-finance support with disaster risk insurance, but there has been no objective way to determine whether it is more effective than paying the costs as they arise. We developed tools to evaluate the case for disaster risk insurance and tested th…
Hunger is prevailing. In a world where we produce enough food to feed everyone, 811 million people still go to bed hungry each night; that’s one in every 10 people worldwide. The COVID-19 pandemic, climate change, and complex social-economic factors make the situation even more dire. By contrast, space, satellite, and Artificial Intelligence (AI) techn…
WFP is a leader in promoting sovereign insurance products that can offer rapid finance to affected communities in the event of major disaster. By connecting climate and disaster risk financing instruments with social protection systems at regional or local levels, these schemes can better reach and target the needs of vulnerable people in response to cl…
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By Stefan Reese The likelihood of experiencing extreme weather events is increasing in Germany, particularly events such as heat waves, droughts, heavy rainfall and hail. Hurricanes and tornadoes are also becoming more frequent. Private property owners are most at risk but it is possible to insure against these weather events thanks to some tried-and-t…

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