Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks.

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cg.authorship.typesCGIAR single centreen
cg.contributor.affiliationInternational Center for Tropical Agricultureen
cg.coverage.countryPhilippinesen
cg.coverage.iso3166-alpha2PHen
cg.coverage.regionAsiaen
cg.coverage.regionSouth-eastern Asiaen
cg.subject.alliancebiovciatCLIMATE CHANGE ADAPTATIONen
cg.subject.alliancebiovciatLIVELIHOODSen
cg.subject.alliancebiovciatRESILIENCEen
cg.subject.alliancebiovciatSMALLHOLDER FARMERSen
cg.subject.alliancebiovciatSUSTAINABILITYen
cg.subject.impactAreaClimate adaptation and mitigationen
cg.subject.sdgSDG 13 - Climate actionen
dc.contributor.authorLeyte, James Dizonen
dc.contributor.authorAguila, Lea Mayen
dc.contributor.authorSwaans, Cornelisen
dc.date.accessioned2025-03-17T10:33:05Zen
dc.date.available2025-03-17T10:33:05Zen
dc.identifier.urihttps://hdl.handle.net/10568/173643
dc.titleWeather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks.en
dcterms.abstractAn Alliance partnership-developed Weather Protect Insurance (WPI) mechanism generates an eight-fold return on insurance investment, empowering farmers and strengthening agricultural sustainability. WPI enhanced financial resilience for 138,734 cooperative members (80% farmers), across 222 cooperatives in 74 provinces, in the Philippines, ensuring payouts within 10 days of climate events. Among the 600 farmers surveyed in 2024, 81.75% received payouts for insurance, accelerating recovery. While 20.5% adopted climate-smart agricultural (CSA) practices, full adoption could further increase yields and profits by 2%.en
dcterms.accessRightsOpen Accessen
dcterms.bibliographicCitationLeyte, J.D.; Aguila, L.M.; Swaans, C. (2025) Weather protect insurance: Empowering 138,734 cooperative members to recover from climate-related shocks. Study #ASI - 2408. Rome (Italy): Bioversity International; Cali (Colombia): CIAT. 4 p.en
dcterms.extent4 p.en
dcterms.issued2024-03-17en
dcterms.languageenen
dcterms.licenseCC-BY-4.0en
dcterms.subjectsmallholders-smallholder farmersen
dcterms.subjectclimate changeen
dcterms.subjectclimate resilienceen
dcterms.subjectclimate-smart agriculture-climate smart agricultureen
dcterms.subjectsustainabilityen
dcterms.subjectsurveysen
dcterms.subjectrisk managementen
dcterms.subjectyieldsen
dcterms.subjectagricultural insuranceen
dcterms.subjectinsuranceen
dcterms.subjectdroughten
dcterms.subjectweather-weather conditionsen
dcterms.typeCase Studyen

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