photo credit: World Bank
We show theoretically that the presence of basis risk in index insurance makes it a complement to informal risk sharing, implying that index insurance crowds-in risk sharing and leading to a prediction that demand will be higher among groups of individuals that can share risk. We report results from rural Ethiopia from a first attempt to market weather insurance products to existing informal risk-sharing groups. The groups were offered training on risk management and the possible benefits of holding insurance.
Farmers in rural Bangladesh face multiple sources of uninsured risk to agricultural production and household assets. In this paper, we present results from an experimental demand - elicitation exercise in rural Bangladesh to shed light on smallholder farmers’ interest in formal insurance products. We propose a suite of insurance and savings products, and we randomly vary the price of one insurance option (area - yield insurance) and the presence of one of the savings options (group savings).
Reducing food loss and waste can contribute to food security and sustainability. Measuring food loss and waste, identifying where in the food system it occurs, and developing effective policies along the value chain are essential first steps toward addressing the problem. We need to set concrete targets at regional and country levels to reduce food loss and waste. For developed countries, the focus should be on waste; for developing countries, the focus in the short term should be on food loss, but also consider best practices for reducing waste in the longer term.
This manual provides a methodology for identifying problems and causes leading to postharvest food losses along an agricultural value chain. It describes the process of finding solutions that reduce food losses. The manual is organized as follows. The first three chapters highlight the importance of reducing food losses and describe the agricultural value chain. Chapter 4 identifies 26 priority components where food losses can occur along agricultural value chains.