Satellite data for agricultural index insurance
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en
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Internal Review
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Woerd, Joost van der. 2018. Satellite data for agricultural index insurance. ICT Update (89): 14.
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Abstract/Description
How can we ensure that drought is no longer an outright disaster to smallholder farmers in Africa, but instead a manageable risk? With low-cost satellite-based index insurance products that monitor climatic conditions in near real-time and automatically trigger a pay-out when conditions are below normal. This helps farmers secure necessary credit for inputs, recover faster from bad seasons and sustainably improve their livelihoods.