De-risking agriculture through crop insurance? Insights from an impact evaluation of novel insurance solutions

Vista sencilla de ítem
dc.creatorWaweru, Carol
dc.creatorKramer, Berber
dc.creatorCecchi, Francesco
dc.creatorKivuva, Benjamin
dc.creatorWaithaka, Lilian
dc.date2023-04-27
dc.date2023-11-27T18:10:41Z
dc.date2023-11-27T18:10:41Z
dc.date.accessioned2026-06-27T15:22:32Z
dc.description• Climate change has led to increased production risks especially for smallholder farmers who often tend to be more vulnerable • Sub-Saharan Africa (SSA) has several climate change hotspots and is more vulnerable to weather shocks compared to other regions. • >363 million people affected by drought between 1980-2014 causing > US$31 billion in losses – with 19 billion in East Africa (FAO, 2015) • Agricultural insurance is a risk management tool for extreme weather events; however, its coverage remains lowest in SSA (Hess and Hazell, 2016). • Ex post – insurance payouts help coping with losses • Ex ante – risk reduction can increase investments in agriculture • However, traditional indemnity-based insurance is characterized by high transaction costs and information asymmetry problems • Index-based insurance to address these challenges is plagued by high basis risk
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/134742
dc.identifier.urihttp://hdl.handle.net/123456789/102501
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceWaweru, Carol; Kramer, Berber; Cecchi, Francesco; Kivuva, Benjamin; and Waithaka, Lilian. 2023. De-risking agriculture through crop insurance? Insights from an impact evaluation of novel insurance solutions. Presented at the 4th Kenya Think Tanks Symposium, 27th April 2023. https://hdl.handle.net/10568/134742
dc.subjectclimate change
dc.subjectsmallholders
dc.subjectshocks
dc.subjectagricultural insurance
dc.subjectinputs
dc.titleDe-risking agriculture through crop insurance? Insights from an impact evaluation of novel insurance solutions
dc.typePresentation

Archivos

Colecciones

Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)