Project Completion Report of Index-Based Agriculture Insurance in Haor Area

Simple item page
cg.contributor.affiliationInternational Water Management Instituteen_US
cg.contributor.affiliationGreen Delta Insurance Company Limiteden_US
cg.contributor.crpClimate Change, Agriculture and Food Securityen_US
cg.coverage.countryBangladeshen_US
cg.coverage.iso3166-alpha2BDen_US
cg.coverage.regionAsiaen_US
cg.coverage.regionSouthern Asiaen_US
cg.creator.identifierGiriraj Amarnath: 0000-0002-7390-9800en_US
cg.identifier.projectCCAFS: PII-SA_BFIPFRen_US
cg.subject.ccafsPRIORITIES AND POLICIES FOR CSAen_US
cg.subject.ccafsCLIMATE-SMART TECHNOLOGIES AND PRACTICESen_US
cg.subject.ccafsCLIMATE SERVICES AND SAFETY NETSen_US
dc.contributor.authorAmarnath, Girirajen_US
dc.contributor.authorAhmed, Syed Moinuddinen_US
dc.contributor.authorPavez, Ali T.en_US
dc.date.accessioned2020-10-30T20:23:00Zen_US
dc.date.available2020-10-30T20:23:00Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/110023en_US
dc.titleProject Completion Report of Index-Based Agriculture Insurance in Haor Areaen_US
dcterms.abstractSeveral integrated plans and activities have been going on for a while now, at the direction of Honorable Prime Minister Sheikh Hasina of the Government of the People's Republic of Bangladesh under the supervision of the Financial Institutions Department of the Ministry of Finance to stand by the farmers who are at risk of financial loss in flood-prone Haor areas. To transform these plans into reality, with the extensive support from Insurance Development and Regulatory Authority of Bangladesh (IDRA), Green Delta Insurance Company Limited and its distribution channel partner OXFAM Bangladesh and local associate Sancred Welfare Foundation (SWF) have insured 316 Farmers of Tahirpur, Sunamganj area under Index-Based Crop Insurance as a pilot basis. Shadharan Bima Corporation has also piloted a project in Mithamoin Haor area to complement the pilot initiative and as per direction from the authorities. After almost a month of running this pilot, monitoring-updating-analyzing satellite and ground level data, Green Delta paid a claim of BDT 150,000 to 316 Boro Rice farmers, which GDIC considers as their success of this pilot phase. GDIC also suggests to replicate the pilot and carry out the success throughout the country while implementing Index-Based Crop Insurance in naturally vulnerable and mostly exposed areas of Bangladesh to strengthen the financial stability of farmers and increase the contribution of agriculture in the economy and national income. To implement Index Based Crop Insurance across the country the government needs to develop a number of high end technology and infrastructure to support them. Satellite remote sensing, real time data provider weather stations, digitalization of transaction methods, utilizing local authorities as structural distribution channel etc. are the most important initiatives that needs to be undertaken besides building stronger collaborations between respective departments and ministries of the government to get the most out this project.en_US
dcterms.accessRightsOpen Accessen_US
dcterms.bibliographicCitationAmarnath G, Ahmed SM, Pavez AT. 2020. Project Completion Report of Index-Based Agriculture Insurance in Haor Area. Wageningen: CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS).en_US
dcterms.extent21 p.en_US
dcterms.issued2020-10-30en_US
dcterms.languageenen_US
dcterms.licenseOtheren_US
dcterms.publisherCGIAR Research Program on Climate Change, Agriculture and Food Securityen_US
dcterms.subjectfood securityen_US
dcterms.subjectclimate changeen_US
dcterms.subjectagricultureen_US
dcterms.typeReporten_US

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
Project Completion Report on Index Based Agri Insurance in Haor Area F01....pdf
Size:
16.4 MB
Format:
Adobe Portable Document Format
Description:
Report
Download

License bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.75 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

CCAFS Project Reports