Topic: Financial Instruments

Financial Instruments Sector Team Launches New “Trade Blog”

The Financial Instruments Sector Team has launched a new publication on Medium, called Inside Index Insurance. The purpose of the publication is to provide a range of content types from team members – from quick dispatches from activities around the world to in-depth analysis of the technical components of financial instruments. “I’ve always wanted to know more about what […]

IRI@AGU: Schedule of Events 2016

A range of IRI’s areas of expertise will be represented at this year’s annual meeting of the American Geophysical Union (AGU). Many of the presentations center on fundamental climate science, including analyses of the influence of climate variability and change on rainfall in the US, Iran, South America and the Sahel, as well as the […]

New Climate Data in Zambia Unlocks Insurance Opportunities

In mid September, IRI staff helped launch an innovative new data platform in Lusaka, Zambia that combines satellite rainfall estimates with the country’s existing network of rain gauges. The platform, developed with the Zambia Meteorological Department and through funding from NASA, is the latest to come out of IRI’s Enhancing National Climate Services (ENACTS) initiative […]

Remote Sensing and Index Insurance: Finding a Common Language

by Bristol Powell & Helen Greatrex, Financial Instruments Sector Team   Satellite products could give index insurance projects the scaling power they seek, but challenges remain. A workshop held earlier this year addressed these challenges head on. Index insurance is innovative, but can it reach a critical mass? Until recently, many have doubted that index insurance could scale […]

25,000 Insured Ethiopian Farmers Receive Payments for El Niño Droughts

By Daniel Osgood More than 25,000 insured farming families in Ethiopia have received payments for crop loss and damages after a year of devastating drought caused in large part by the 2015 El Niño. The farmers purchased the insurance through the R4 Rural Resilience Initiative [latest report], run by the World Food Program and Oxfam America. […]

El Niño 2015 Conference Report

In November 2015, the International Research Institute for Climate and Society at Columbia University, in collaboration with the World Meteorological Organization, the U.S. Agency for International Development and the U.S. National Oceanic and Atmospheric Administration, convened the El Niño 2015 Conference. The report from this conference is now available. In addition to recordings and summaries of the […]

Farmers receive insurance payouts in Senegal

In Tambacounda, Senegal, small-scale farmers rely on sufficient and steady rainfall at key times of the growing season. As climate change leads to increased irregularity and intensity of rainfall events, the adaptation strategies employed by farmers to cope with shocks do not always suffice. The fear of poor productivity in a year often prevents them from […]

IRI@AMS 2016: Schedule of Events

From crowd-sourcing tornado data to teaching Harlem high-school students about climate change and climate justice, IRI scientists will be sharing a number of fascinating projects at the annual meeting of the American Meteorological Society (AMS) next week in New Orleans.  Below is a schedule of their presentations and posters. Presenting authors appear in bold. Crowd-Sourcing the Storm: A New […]

Farmers in Honduras. Photo: IRI/Elisabeth Gawthrop

VIDEO: What tools do Honduran farmers want for climate risk?

Answers from insurance research La version en español esta disponible aquí.  During the first of the two growing seasons of 2015, grain farmers in El Paraíso, Honduras faced one of the worst droughts in history, with losses ranging from 60 to 100% of the maize planted. As part of an engagement with CGIAR’s Research Programme on […]

Farmers in Honduras. Photo: IRI/Elisabeth Gawthrop

¿Cuáles herramientas quieren los productores hondureños para el riesgo climático?

Respuestas de la investigación English version available here.  Durante las dos temporadas agrícolas del 2015, los productores de granos básicos de El Paraíso, Honduras se enfrentaron a una de las peores sequías en la historia, con pérdidas desde un 60 hasta un 100% del maíz sembrado en primera. Como parte de un compromiso con el […]

IRI@AGU: Schedule of Events 2015

The IRI has seven scientists and staff presenting on a wide range of topics at the American Geophysical Union (AGU) Meeting this year. Andrew Robertson and Alexis Berg will present advancements in our fundamental understanding of earth’s systems. Eunjin Han, Pietro Ceccato and Pradipta Parhi will discuss methods for using our climate knowledge for applications in agriculture, health and […]

Climate Resilience (Animation)

Climate resilience: it’s the ability for communities to recover from the impacts of climate events. It’s the difference between weather being manageable…or a catastrophe. But for many parts of the world, where livelihoods depend so much on the climate, critical weather and climate information is unavailable or unusable. The International Research Institute for Climate and […]

IRI @ Climate Week NYC 2015

Staff members from the International Research Institute for Climate and Society (IRI) are participating in a number of high-level events during Climate Week NYC  this year. See the schedule below, and follow the links for more information. Launch of the Global Nutrition Report Tuesday, September 22 5:00 pm – 8:00 pm, Hearst Building, New York Climate change is complicating global efforts […]

VIDEOS: A Host of Visitors

A walk through the International Research Institute for Climate and Society is often punctuated by the sounds of French, Spanish and other languages drifting through the halls. Our international staff contributes to this, but usually it’s a sign that we are hosting visitors for training and collaborations. Despite the increasing online connectedness of our world, […]

New Study Proves Weather-Based Index Insurance Can Work For Rural Poor on Large Scale

Findings spur Nigerian government to look into solutions to cover 15 million farmers by 2017 LONDON, UNITED KINGDOM (26 January 2015) — Nigerian government officials will convene in London this week to gather advice for scaling-up agricultural insurance policies for smallholder farmers, to bolster the up and coming agricultural powerhouse’s resilience to climate and market shocks. The meeting […]

VIDEO: Designing Insurance with Dominican Dairy Producers

Over the last year, the financial instruments sector team at IRI has been working in the Dominican Republic to design an index insurance product for the country’s dairy producers. This work has been part of the Climate Resiliency and Index Insurance Program (CRII), funded by the USAID office in the Dominican Republic. In a new video, we show how researchers […]

IRI@AGU: Schedule of Events

The IRI has a record thirteen scientists and staff presenting at the American Geophysical Union (AGU) Meeting this year. Below is the schedule of events for those presenting, organized by theme and with links to additional information about their research.  CLIMATE & HEALTH Climate and Population Health Vulnerabilities to Vector-Borne Diseases: Increasing Resilience Under Climate […]

Insurance and Adaptation: Farmer Driven Opportunities (Video)

The Financial Instruments Sector team at the International Research Institute for Climate and Society works with farmers, development organizations and agencies, insurance companies and other research institutes to design insurance products that are tailored to local and regional climate risks and economic systems. With the help of the Center for Research on Environmental Decisions, we’ve produced this video […]

Climate Week Panel: Building Innovative Index Insurance Markets

First Climate Week Panel To Focus On Building Innovative Index Insurance Markets in Developing Countries NEW YORK, September 18, 2014 — A panel of leaders and experts from the business, humanitarian and research communities will convene this week at the Climate Week NYC to discuss the growing relevance of index insurance as a tool to […]

Join us for Climate Week NYC 2014

The International Research Institute for Climate and Society (IRI) is co-hosting several events during Climate Week NYC 2014. See the schedule of IRI events below, and follow the links for more information. If you are a member of the media and would like to attend any of the events, please write to media @ iri.columbia.edu. Sustaining Health Linking Environment, […]

Drought Insurance for Ganaderos in the Dominican Republic

By Sofía Martínez, Radost Stanimirova and Daniel Osgood Since January, the northwestern Dominican Republic has experienced one of the worst droughts in 15 years. Early work by the International Research Institute for Climate and Society and its partners on a project funded by the United States Agency for International Development has shown the potential for using […]

Factsheet: Climate-Resilient Farming

Farmers in Central America and the Caribbean are highly vulnerable to the impacts of a changing and variable climate. Current and projected changes in temperature, precipitation and the frequency of droughts, hurricanes and other extreme events threaten the region’s ability to meet goals for food security and economic growth. Farmers here typically lack access to timely, […]

Seeing More with Satellites: Improving Insurance for African Farmers

By Bristol Mann and Radost Stanimirova A group of climate scientists, economists and remote sensing experts from the International Research Institute for Climate and Society and NASA’s Goddard Space Flight Center are collaborating to help solve a longstanding issue in the development of agriculture insurance programs in Africa: how to generate enough quality environmental data […]

IRI and U. of Arizona Team Up for Climate

IRI and the University of Arizona address climate vulnerability in most at-risk areas of the world in new project The Caribbean, Asia’s Indo-Gangetic Plain and West Africa are three regions known to be extremely vulnerable to climate variability and change, particularly to droughts, extreme weather events and stresses on food production, water resources and coastal areas. A […]

Online Crop Calendar Helps Indonesian Government Manage Climate Risk

The International Research Institute for Climate and Society and the Center on Globalization and Sustainable Development at Columbia University are collaborating with the Centre for Climate Risk and Opportunity Management in Southeast Asia Pacific at Institut Pertanian Bogor (IPB – Bogor Agriculture University) in Indonesia to help farmers cope with droughts, fires and other climate impacts. The project, called “CU-IPB […]

Insuring 37,000 Rwandan Farmers Against Drought

Index insurance can lower the cost of insurance, allowing smallholder farmers to buy insurance that can help them withstand the impacts of bad years and risk making productive investments in good years. A key component of index insurance is historical data – often temperature or rainfall data – to use as a basis for creating an index that determines when insurance payouts […]

An Index Insurance Primer

IRI has put together a list of Frequently Asked Questions for the US Agency for International Development about index insurance and how it is being used in development and adaptation projects around the world. Download the FAQ or click on the image. If you’re looking for even more resources on index insurance, head over to our Financial […]

Climate at Different Spatial and Temporal Scales

  • Journal: Proceeding of Workshop: The challenges of index-based insurance for food security in developing countries
  • Publisher: Publications Office of the European Union
  • Published: June 2013

Author(s):

Lyon, Bradfield

Poor Ethiopian Farmers Receive “Unprecedented” Insurance Payout

Oxfam America and The Rockefeller Foundation announced a weather index insurance payout of unprecedented scale directly to poor farmers. Thanks to a groundbreaking new program that relies on advanced satellite technology, more than 12,200 farmers in 45 villages in Northern Ethiopia will benefit from drought protection. As a result of this year’s drought conditions each […]

A model for improving climate services in Africa

In developed countries, we are accustomed to having access to long and detailed records on weather and climate conditions, demographics, disease incidence and many other types of data. Decision makers use this information for a variety of societal benefits: they spot trends, fine-tune public health systems and optimize crop yields, for example. Researchers use it […]

Insuring Against Drought

In our latest video interview, research economist Dan Osgood discusses index insurance and how it is helping some poor rural communities reduce hardships caused by drought in East Africa: These products are becoming available to people for the first time at larges scales just this year. Given the difficulties of these [two] years, the farmers […]

Contributions of Agricultural Systems Modeling to Weather Index Insurance

  • Journal: IRI Climate and Society Series
  • Vol. 2
  • Publisher: IRI
  • Published: January 2010

Author(s):

Baethgen, W.E.; Hansen, J. W.; Ines, A.V.M.; Jones, J. W.; Meinke, H; Steduto, P.

Leaders in index insurance expand their commitments in Ethiopia

Swiss Re, Oxfam America, The Rockefeller Foundation and Columbia University’s International Research Institute for Climate and Society announced a joint Commitment to Action at the Clinton Global Initiative 2009 meeting in New York, held from September 22 to 25. The collaboration is aimed at helping communities most vulnerable to climate variability and change. It will […]

Index insurance for development and disaster management

Para Espanol: Seguro ‘parametrico’ y reduccion de la pobreza Pour Francais: Une assurance particuliere pour la gestion des risques climatiques Climate has always presented a challenge to farmers, herders, fishermen and others whose livelihoods are closely linked to their environment, particularly those in poor areas of the world. A type of insurance called index insurance […]

Browse Archive