The Promise and Pitfalls of Index Insurance: Building Resilience Through Responsible Implementation
Agriculture is an inherently risky activity. The risk exposure can make and keep farmers poor. Agriculture index insurance can help farmers avoid costly coping mechanisms and unlock opportunities for increased investment and greater resilience, but such positive development impacts largely depend on the quantity of the index insurance product and its appropriateness in a particular index.
Join Agrilinks for an overview of agricultural and livestock-based index insurance as a development tool and the emerging evidence base around its efficacy. The Feed the Future Innovation Lab for Assets and Market Access will share research and introduce participants to a new hands-on tool used to incorporate minimum quality standards (MQS) for successful index insurance interventions. Presenters also will provide resources that will enable stakeholders to assess the potential and quality of index insurance in a given context.