Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study

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dc.creatorWorld Bank
dc.date2013-03-14T00:52:23Z
dc.date2013-03-14T00:52:23Z
dc.date2009-05
dc.date.accessioned2026-07-01T00:37:10Z
dc.descriptionThe World Bank recently conducted research and concept-testing activities to investigate the expansion of the index approach from drought to flood. The main objective was to assess prerequisite conditions, as well as practical and efficient methods, to conceptualize and potentially implement index-based insurance for agricultural flood losses. In addition, the work assessed how modern technologies such as flood modeling and remote sensing-which are widely used to support flood risk mapping, and flood detection, warning and control-could be harnessed to support the design of such flood insurance programs for rural clients. This paper summarizes the findings from work carried out from September 2005 to April 2008 in the Muang Petchaboon District of the Petchaboon province in Thailand. The next section illustrates the importance of flood risk in agriculture and challenges in providing flood insurance. The following section describes the flood index insurance concept and methodology that were tested during the feasibility study. Section four highlights the findings from the Petchaboon province of Thailand, and the final section synthesizes lessons learned and recommends areas for future research and applications. Finally, it is important to recognize that the process of quantifying weather risk, and of creating an operational system which combines risk and asset information, have much broader applications than simply for index-based weather insurance or other risk transfer solutions.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2009/05/16461314/briefing-note-assessment-innovative-approaches-flood-risk-management-financing-agriculture-thailand-case-study
dc.identifierhttps://hdl.handle.net/10986/12704
dc.identifierhttps://doi.org/10.1596/12704
dc.identifier.urihttp://hdl.handle.net/123456789/407498
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADAPTATION
dc.subjectADVERSE SELECTION
dc.subjectAGRICULTURAL INSURANCE
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectALLUVIAL PLAINS
dc.subjectBANKS
dc.subjectBASINS
dc.subjectCATASTROPHIC IMPACT
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCROP DAMAGE
dc.subjectCROP LOSSES
dc.subjectDAMAGES
dc.subjectDATABASE ON DISASTER
dc.subjectDISASTER
dc.subjectDISASTER COMPENSATION
dc.subjectDISASTER PREVENTION
dc.subjectDISASTER REDUCTION
dc.subjectDISASTER RISK
dc.subjectDISASTER RISK MANAGEMENT
dc.subjectDISASTER RISK REDUCTION
dc.subjectDISASTER RISKS
dc.subjectDISASTER ZONES
dc.subjectDROUGHT
dc.subjectDROUGHT RISK
dc.subjectEARLY WARNING
dc.subjectEARTHQUAKE
dc.subjectEXTREME FLOOD
dc.subjectFARMER
dc.subjectFARMERS
dc.subjectFLASH FLOOD
dc.subjectFLASH FLOODS
dc.subjectFLOOD
dc.subjectFLOOD CONTROL
dc.subjectFLOOD CONTROL INFRASTRUCTURE
dc.subjectFLOOD DEPTH
dc.subjectFLOOD DETECTION
dc.subjectFLOOD EVENT
dc.subjectFLOOD EVENTS
dc.subjectFLOOD HAZARD
dc.subjectFLOOD INSURANCE
dc.subjectFLOOD INUNDATION
dc.subjectFLOOD LOSSES
dc.subjectFLOOD MANAGEMENT
dc.subjectFLOOD MODEL
dc.subjectFLOOD PLAIN
dc.subjectFLOOD PLAINS
dc.subjectFLOOD PRONE AREAS
dc.subjectFLOOD RISK
dc.subjectFLOOD RISK ASSESSMENT
dc.subjectFLOOD WATERS
dc.subjectFLOOD YEARS
dc.subjectFLOOD ZONES
dc.subjectFLOODING
dc.subjectFLOODS
dc.subjectFOOD SECURITY
dc.subjectGLOBAL FACILITY FOR DISASTER REDUCTION
dc.subjectIMPACT OF FLOODS
dc.subjectINFORMATION SYSTEM
dc.subjectINFORMATION SYSTEMS
dc.subjectINSURANCE COMPANIES
dc.subjectINTERNATIONAL STRATEGY FOR DISASTER REDUCTION
dc.subjectLANDSLIDE
dc.subjectMITIGATION
dc.subjectMITIGATION STRATEGIES
dc.subjectNATURAL DISASTERS
dc.subjectPEAK FLOWS
dc.subjectRAINFALL DATA
dc.subjectREINSURANCE
dc.subjectRISK ASSESSMENT
dc.subjectRISK EXPOSURE
dc.subjectVOLCANO
dc.subjectWEATHER
dc.subjectWEATHER DATA
dc.subjectWEATHER INSURANCE
dc.subjectWEATHER STATION
dc.subjectWEATHER STATIONS
dc.titleAssessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study

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