This briefing note was produced by the Microinsurance Network’s (MiN) Best Practice Group (BPG) focused on “Building the resilience of smallholder farmers”.
Insurance has increasingly been seen as an essential tool to help mitigate climate and disaster risks. Integrating complementary innovations such as index-based insurance with agronomic climate risk management tools such as flood- or drought-tolerant seeds together allow farmers to better cope with shocks far more successfully than when applying these interventions individually. By managing a much broader swath of risk, farmers not only bounce back from a shock but are able to make more productive on-farm investments.
Download the full briefing paper below!