Data for Index Insurance
The World Bank Group’s Global Index Insurance Facility (GIIF) in partnership with its regional partners has been working with researchers and scientists to refine satellite technology for index insurance product design. The International Research I...
Main Authors: | , , |
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/187261490707034616/Data-for-index-insurance http://hdl.handle.net/10986/26340 |
Summary: | The World Bank Group’s Global Index
Insurance Facility (GIIF) in partnership with its regional
partners has been working with researchers and scientists to
refine satellite technology for index insurance product
design. The International Research Institute on Climate and
Society (IRI)’s Financial Instruments Sector Team—a GIIF
partner—for instance, has worked in over a dozen countries
on index contracts with tens of thousands of policies
purchased by farmers vulnerable to climate change. The team
partners with farmers and international institutions such as
the World Bank Group (WBG) to explore the potential for
using index insurance in developing countries to assist
emerging markets, increase productivity of small farmers,
and reduce threats to crops and livelihoods from climate risk. |
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