Crop Insurance as a Risk Management Strategy in Bangladesh

More documents

Recommendations

Info

Figure 3.1: Factors causing variation in crop production Figure 3.2: Climatic factors influencing crop production There might be a number of phenomena which contribute to yield risks in agriculture: hydrometeorological, geological, and biological origin which can be grouped as follows; - Extreme natural hazards like flood, drought, cyclone and storm surges, hails storm, etc. farmers have little to do against such natural calamities and they are mostly uncertain. 16
- Pests, plant disease and microbial contamination. It might have significant impact on agri-based industries like poultry, fisheries, cattle, etc. Crop failure might also result in due to breakout of such hazards. - Climate change and environmental degradation. The effect might be direct like change in temperature that might affect crop planting, flowering and harvesting time or slow but steady processes like degradation of land fertility, salinity intrusion, or increase in extreme weather events and other calamities. Globally significant amount of agricultural production being lost every year because of different calamities derived from the above sources. The trend is increasing day by day and compared to developed countries developing countries seem to be more prone to such calamities because of their lower ability to adjust. By the year 2050, the United Nations estimates that natural disasters will cost 300,000 lives and approximately $250 billion in economic losses per year worldwide, if more measures are not taken to mitigate risks and reduce global warming (UNISDR, 2002). 3.2 Climate Change and Risk in the Agricultural Sector Climate change might further aggravate crop yield, either directly or indirectly. As shown in Figure 3.3 & 3.4, according to IPCC 4 th Assessment Report, change in temperature and CO2 level will directly affect crop production depending regional climatic condition. On the other hand, indirect effect like increased disaster incidents or extreme weather events or pest attack will affect crop production as well. Figure 3.3: Impact of climate change in the agriculture sector (IPCC AR4, 2007) It has been calculated that the economic losses (adjusted for inflation) of weather-related events in the period 1985-1999 amounted to some US$707 billion. Over a longer period, 1950-1999, the average annual losses (again adjusted for inflation) have increased by more 17
Page 1: Crop Insurance as a Risk Management
Page 4 and 5: Crop Insurance as a Risk Management
Page 7: Foreword The impacts of global warm
Page 10 and 11: ILO International Labor Organizatio
Page 12 and 13: 3.6 Crop Insurance: some Terminolog
Page 14 and 15: Table 3.6 Advantages and challenges
Page 16 and 17: Figure 6.17 Organizational preferen
Page 18 and 19: Therefore, the main objective of th
Page 20 and 21: can be classified under different r
Page 22 and 23: National Reinsurance Scheme: The pu
Page 25 and 26: 1.1 Statement of the Problem Chapte
Page 27: improving day by day and many of th
Page 30 and 31: Individual or area approach: To det
Page 32 and 33: Availability of Trained Personnel:
Page 34 and 35: FGD was mainly conducted among the
Page 36 and 37: outputs were critically analyzed an
Page 38 and 39: Comments specifically related to me
Page 42 and 43: than ten times, while the global po
Page 44 and 45: Figure 3.8: Change in Palmer Drough
Page 46 and 47: yielding but drought resistant vari
Page 48 and 49: implement from the perspective of p
Page 50 and 51: Table 3.4: Present status of disast
Page 52 and 53: 3.5 Limitation of Crop Insurance: P
Page 54 and 55: amount is measured by the extent of
Page 56 and 57: Contract (SUC). The premium rate fo
Page 58 and 59: Box 3.1: Examples of Parametric or
Page 60 and 61: Therefore, index products are a bit
Page 62 and 63: 3.10 Crop Insurance Experience at D
Page 64 and 65: 3.11.2 Canadian Experience Crop ins
Page 66 and 67: farmer was 150 percent of the crop
Page 68 and 69: segments of the population often en
Page 71 and 72: Chapter 4: Crop Insurance - Banglad
Page 73 and 74: development of insurance business i
Page 75 and 76: unanticipated catastrophic natural
Page 77 and 78: 1 st stage ……………………
Page 79 and 80: Taka 80,000.00 60,000.00 40,000.00
Page 81 and 82: and requirements of the insurance h
Page 83 and 84: Defining risk-reduction measures by
Page 85 and 86: Chapter 5: Climate Change and Agric
Page 87 and 88: 21 1990 CYCLONE 39 127 171099 24289
Page 89 and 90: ppmv of CO2 combined with a 4 0 C i
Page 91 and 92:
Crop Damage fully ( acre) 4000000 3
Page 93 and 94:
Table 5.5: Partial listing of cyclo
Page 95 and 96:
Figure 5.7: Monthly mean temperatur
Page 97 and 98:
magnitude or an intense or high mag
Page 99 and 100:
Historical monthly values Mean Stan
Page 101 and 102:
6.1 Field Survey Chapter 6: Crop In
Page 103 and 104:
Son of BoroBari now day labor (Curt
Page 105 and 106:
Figure 6.4: Drought prone regions o
Page 107 and 108:
Figure 6.7: Response to disaster al
Page 109 and 110:
Figure 6.10: Agro-ecological sub-re
Page 111 and 112:
season. Sunamgonj, as Haor region,
Page 113 and 114:
% of farmer % of farmer % of farmer
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
6.3 Farmer’s Views on Climatic Ef
Page 121 and 122:
disastrous affect as such mode of l
Page 123 and 124:
disbursement and Insurance Company
Page 125 and 126:
Chapter 7: Summary Findings & Demon
Page 127 and 128:
an incident occurred and farmers we
Page 129 and 130:
Moral hazards: Theoretically moral
Page 131 and 132:
duration of disaster is important h
Page 133 and 134:
increased to 8.51% in 2003. Such a
Page 135 and 136:
- Referring to crop growth models u
Page 137 and 138:
data, for example, can establish an
Page 139 and 140:
particular gauge station can be com
Page 141 and 142:
Figure 7.6 Defined danger level by
Page 143 and 144:
Methodology to develop an index in
Page 145 and 146:
Structuring the Product Once the in
Page 147 and 148:
did not cross the Weather Index val
Page 149 and 150:
methodology, and applicability can
Page 151 and 152:
References Anderson, J. (2001). Ris
Page 153 and 154:
Linnerooth-Bayer, J., Mechler, R. a
Page 156:
This document is produced by Climat
show all

Crop Insurance as a Risk Management Strategy in Bangladesh

Create successful ePaper yourself

Delete template?

Save as template?